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Joseph Weitemeyer

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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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Duck Creek Stocks Rally After its IPO

Duck Creek Technologies’ (NASDAQ: DCT) stocks rallied the day after its IPO. At first, the stock price was $27 for the IPO....

NexHealth Raises $32 Million for Patient Experience Management Platform

Telemedicine's popularity has skyrocketed in the wake of the COVID-19 pandemic — and NexHealth is already ready. The first Patient Experience...

New Chapter 11 Filings, Disclosures: May 18 – May 22, 2020

Credit issuers lowered various ratings of eight companies that either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the...

New Chapter 11 Filings, Disclosures: January 18 – January 22, 2021

At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of January...

COVID-19 Forces U.S. Health Systems into Unprecedented Financial Distress

Daily coverage of emergency rooms and intensive care units overwhelmed with coronavirus patients could give an impression that hospitals are profiting. The...