Jewelry Retailer Alex and Ani Files Chapter 11 Bankruptcy
Alex and Ani, known for its trendy bracelets, filed for Chapter 11 bankruptcy protection on June 9. The company said...
Indivior’s Cash Balance Yields CFR Upgrade
Indivior PLC, a manufacturer of opioid addiction treatment drugs, reported a first-quarter positive performance in March, which earned it an upgraded corporate...
NRA Bankruptcy Filing Dismissed By Judge as Bad Faith
Federal Judge Harlin Hale of the U.S. Bankruptcy Court, N.D. Texas dismissed a bankruptcy filing by the NRA on May 11. The...
Bayer Struggles with Roundup Claims, Receives Downgrade
Bayer AG continues to struggle with persistent claims against its Roundup weed killer. What's more, on May 28, Moody's issued the company...
Brooks Brothers’ Owners Sued for Questionable Chapter 11
Claudio Del Vecchio, the owner of Brooks Brothers, and his son Matteo Del Vecchio were sued on May 17 over a questionable...
Buffet Restaurant Chains Face Uneven Paths to Recovery
Despite the recent declines in new cases, waves of COVID-driven effects continue to persist across the restaurant sector. Since the early phase...
New Chapter 11 Filings, Disclosures: May 17 – May 21, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
Airlines Begin to Rebound from COVID Distress
Tourism was hit hard by the COVID-19 pandemic. In particular, airlines experienced distress. Travel in and out of state was practically non-existent...
New Chapter 11 Filings, Disclosures: May 3 – May 7, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of May...
Excel Fitness Receives Upgrade After Post-Pandemic Survival
Excel Fitness Holdings, Inc., the largest franchise holder and operator of Planet Fitness gyms, received an upgrade from Moody's on April 22....
Recent Articles
Video Streaming Platform Vimeo Goes Public
Video streaming platform Vimeo went public on May 25, 2021. However, contrary to the traditional IPO, the parent company IAC opted for...
Klarna Secures Funds for $40 Billion Valuation in IPO
European-based buy-now-pay-later company Klarna is close to securing a new fund-raising round at a $40 billion valuation. Softbank, along with several other...
World’s Largest Oat Milk Corporation Oatly Goes Public
The world's largest Oat milk company, Oatly Group AB, went public on the May 20, 2021. The shares of the company were...
India-Based Paytm Planning $3 Billion Valuation
India's leading digital payments service Paytm is seeking to raise about 218 billion rupees, about $3 billion, in its upcoming IPO. This...
Krispy Kreme Expects to Debut IPO Later This Month
On Tuesday June 1, doughnut company Krispy Kreme publicly released its prospectus for its second IPO, set to take place later this...
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Bouchard Transportation, the Largest U.S. Petroleum Barge Operator, Goes Bankrupt
The pandemic claimed another company within the distressed oil and gas sector, as Bouchard Transportation Co., Inc. announced its Chapter 11 filing...
Luxury Luggage Retailer T. Anthony Files for Bankruptcy
COVID-19 has claimed another travel-related victim, luxury luggage retailer T. Anthony.
Park Avenue Leather, LLC., doing business as...
Bodyport Raises $11.2 Million for Virtual Cardiac Clinic
Bodyport, a digital health company focused on biomarker detection and monitoring of heart disease, announced the close of an $11.2 million Series...
Two Major Mall Operators File for Chapter 11 Bankruptcy
Two major mall operators filed for Chapter 11 bankruptcy protection on Nov. 2, 2020. CBL & Associates Properties and Pennsylvania Real Estate...
Fed’s Powell Says Employment Rates Will Stay Low for the Foreseeable Future
Federal Reserve Chairman Jerome Powell on Feb. 10 said that employment rates will stay low for the foreseeable future. Continued aggressive monetary...
