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New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...
ViacomCBS Networks International Agrees to Acquire Chilevisión
On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...
Carnival Reports $2 Billion Quarterly Loss
Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...
New High Yield Bond Ratings: April 5 – 9, 2021
At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
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Potential Ransomware Attack Hits Beauty Brand Avon
On Wednesday, June 9, Natura & Co (NTCO3.SA), the parent company of Avon, announced that a “cyber incident” partially hit Avon operations the previous...
Hisatsugu Nakatani To Become President of SNDS
Hisatsugu Nakatani, the president of NEC Display Solutions (NDS), will serve as the president of Sharp NEC Display Solutions (SNDS). Sharp has...
LA Dodgers Owner Files for IPO Through SPAC
LA Dodgers owner, Todd Boehly, has filed a $500 million IPO through a third SPAC. The SPAC, Horizon Acquisition Corp III, is...
Fed’s Williams: High Market Prices Justified by Economic Growth and Low Interest Rates
New York Federal Reserve President John Williams said on Feb. 19 that high market prices are justified in the wake of a...
BeyondID Earns $9M in Series A Financing
Cyber-security start-up, BeyondID, earned $9 million in a series A financing round led by Boston-based Tercera. The company is a leading System...
