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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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Offshore Oil-and-Gas Driller Noble Corp. Files for Bankruptcy

Noble Corp., an operator of offshore oil-and-gas drilling rigs, filed for Chapter 11 bankruptcy in the Southern District of Texas, on Friday,...

Nana Technologies Earns $6 Million in Seed Funding

Online repair academy, Nana Technologies has earned $6 million in seed funding. The company not only provides its students with the knowledge...

L.A. Considers Employee Furloughs as N.Y.C. Starts its Own in October

Amid daily news of private sectors suffering the recession, COVID-19 is also forcing two major cities into fiscal crises.

New High Yield Bond Ratings September 14 – September 18, 2020

At least 11 companies received downgrades or revisions on high yield bond ratings during the week of September 14 – September 18,...

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...