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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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COVID-19 and Wildfires Test Mettle of California Wineries

COVID-19 has caused a surge in alcohol-related purchases, but it has also challenged many California wineries, which have had to change the...

New High Yield Bond Ratings August 31 – September 04, 2020

At least 18 companies received downgrades or revisions on high yield bond ratings during the week of August 31 – September 04,...

Federal Reserve Governor outlines Climate Change Combat Policies

Federal Reserve Governor Lael Brainard outlined climate change combat policies before the 2021 Institute of International Finance U.S. Climate Finance Summit. Brainard...
SPAC Hennessy Capital announces EV startup Canoo IPO launch

SPAC Hennessy Capital Reaches IPO Agreement with EV Startup Canoo

Electric vehicle startup Canoo is not only capitalizing on growing demand, but also several more revenue streams from their products. Data shows...

Banks Go Green, Cut Carbon Footprint to Gain Customers, Trust

Comerica Bank joined the Partnership for Carbon Accounting Financials (PCAF) to better understand the carbon footprint of its portfolios.