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Recent Articles
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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Lord & Taylor Files for Bankruptcy, Announces Store Closures
Lord & Taylor, founded in 1826, is one of America’s oldest department stores. This month, it became another casualty of the coronavirus outbreak....
Restream Earns $50 Million in Series A Funding
Restream recently announced the closure of a $50 million series A funding round. Led by Sapphire Ventures and Insight Partners, the funding...
Revolution Acceleration Acquisition Corp Goes Public Looking for a Suitable Target
Revolution Acceleration Acquisition Corp has filed paperwork with the SEC announcing its IPO. In its S-1 form Revolution Acceleration Acquisition Corp registered...
Twilio Acquires Customer Data Startup Segment for $3.2 Billion
Twilio Inc., a customer communications platform provider, has announced it will acquire Customer Data Platform (CDP) startup Segment Inc. Twilio acquired the...
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.
