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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 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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Alcohol Tariff War Cripples Liquor Industry
When the United States won a long-standing lawsuit against the European Union for providing illegal subsidies to European airline manufacturer Airbus last...
New Chapter 11 Filings, Disclosures: June 1 – June 5, 2020
At least seven companies either filed for Chapter 11 Bankruptcy protection or defaulted on loans during the first week of June. These...
DraftKings Adds Basketball Legend Michael Jordan to its Portfolio of Investors
On Wednesday, DraftKings, announced that former Chicago Bulls basketball player and NBA Hall of Fame inductee Michael Jordan, will be joining the...
Stein Mart Files Chapter 11, Plans Liquidation Sales
After 112 years in business, U.S. discount chain Stein Mart filed for Chapter 11 bankruptcy on Wednesday, August 12. The company, headquartered...
EdTechX Merges with Chinese Company, Meten
EdTechX Holdings announces a merger with Meten International Education Group. EdTechX is a holdings company that focuses on the education, education technology...
