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Michelle Strydom

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Recent Articles

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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SEC Gamestop Robinhood

SEC to Punish ‘Abusive Activity’ in the Midst of Gamestop, Robinhood Saga

The Securities and Exchange Commission (SEC) said in a Jan. 29 statement that it is "closely monitoring the extreme price volatility of...

COVID Cancels Plans for Travel Leaders Group, Forces Ratings Downgrade

Travel Leaders Group LLC, an Internova company, received a ratings downgrade on both its issuer credit rating and its senior secure credit...

New Chapter 11 Filings, Disclosures: October 26 – October 30, 2020

At least three major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of October...
Goldman Sachs Marqeta

Goldman Sachs Partners with Marqeta to Build Checking Accounts

Goldman Sachs (GS) has partnered with card issuing startup Marqeta to build the U.S. bank's Marcus checking accounts scheduled to launch in...

Premium Apparel Acquires Ascena Retail Group

Premium Apparel LLC acquires Ascena Retail Group for $540 million. This payment will be on a cash-free and debt-free basis. Ascena Retail...