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Diana Rangaves, PharmD

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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 Christine Lagarde

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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Federal Reserve Bank of New York Household Debt

N.Y. Fed: Household Debt Increased $87 Billion in Q3

The Federal Reserve Bank of New York's Center for Microeconomic Data issued its Quarterly Report on Household Debt and Credit. This report...

New High Yield Bond Ratings October 12 – October 16, 2020

At least 15 companies received downgrades or revisions on high yield bond ratings during the week of October 12 – October 16,...

Tencent Music Group Acquires Lazy Audio

Tencent Music Group (NYSE: TME) announced on Friday Jan. 15 that it has entered into a definitive agreement to acquire Lazy Audio....

OCC Rule Would Require Banks to Lend to Oil, Gun Companies

The Office of the Comptroller of Currency (OCC) proposed a new rule last week which prohibits banks from denying services to oil...

Airbnb Approves Private Share Split

Airbnb (NADAQ: AIRB) has approved a 2-for-1 split of privately held shares, effective Tuesday Oct. 27. According to an email reviewed by...