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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...

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...

Men’s Wearhouse Struggles to Resurge

After a rough 2020, Men's Wearhouse LLC continues to face an uphill battle toward recovery. Moody's recently affirmed...

Crocs Reduced to Junk-Bond Despite Revenue Climb

Even as its stock surged early this year, a revenue increase amid the pandemic, and a promising projection of 20-25% revenue growth...

Godiva to Close all North American Stores in March 2021

Godiva will close all 128 of its stores in the United States and Canada by the end of March 2021. Decreased demand...

New Chapter 11 Filings, Disclosures: March 15 – March 19, 2021

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

New High Yield Bond Ratings: March 15 – March 19, 2021

At least 39 companies received a revision on high yield bond ratings during the week of March 15 - 19, 2021. These...

New High Yield Bond Ratings: March 8 – 12, 2021

At least 25 companies received a revision on high yield bond ratings during the week of March 8-12, 2021. These revisions caused...

CarbonLITE Recycling Files for Bankruptcy

CarbonLITE, the world’s largest bottle-to-bottle plastic manufacturer, filed for bankruptcy on March 8. Like many other companies, CarbonLITE blamed the COVID-19 pandemic...

New Chapter 11 Filings, Disclosures: March 8 – March 12, 2021

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

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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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The Federal Reserve to Buy Corporate Bonds

An announcement on June 15 reveals a plan from the Federal Reserve to buy corporate bonds through its Secondary Market Corporate Credit...

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...

Pulmonx Corporation Filed For IPO

Pulmonx Corporation filed for its IPO. The IPO will see the company trade shares on the NASDAQ under the ticker symbol LUNG....

Joint Venture Ventas and GIC Merge Funds Worth $930 Million

Ventas Inc. is the real estate and housing trust that has recently joined forces with GIC Pvt Ltd. - a Singaporean sovereign wealth fund for a joint venture worth $930 million.

As No-Sail Order Remains in Effect, Cruise Operators Seek to Stay Afloat

Uncertainty and financial woes loom ahead of the cruise industry, forcing many to restructure in order to stay liquid for the foreseeable...