Floral delivery service FTD Companies Inc. wilted under the pressures of enormous debt and growing industry competition.
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Bankruptcy Case Study
High Risk Report
Scandinavian Airliner SAS AB could soon be sending out a Chapter 11 S.O.S. If you're one of their creditors, what proactive steps will you take to avoid a major write-down if bankruptcy comes?
Press Release
… allows for a whole new audience to unlock the power of the FRISK score : a 96%-accurate daily read on bankruptcy risk hidden … said Jerry Flum, CreditRiskMonitor CEO. “With the FRISK score in their dashboard, we think that their clients …
CreditRiskMonitor announces a new partnership with HighRadius, a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes.
Bankruptcy Case Study
… in advertising revenue. The Pennsylvania-based company's FRISK score remained fixed at a "1" for more than a year, …
Listen up: Audacy, Inc., the largest radio and podcast company in the U.S., is bankrupt after years of debt financing, in reaction to macroeconomic challenges brought on by a massive decline in advertising revenue.
High Risk Report
South African retailer Steinhoff is battling the fallout from a massive accounting fraud and facing legal claims amounting to more than $10 billion USD. Couple that with the overall industry deline due to coronavirus and bankruptcy could be very near.
Bankruptcy Case Study
… about their heightened financial risk via our proprietary FRISK score , however, were born more than a year before their … and Puerto Rico. We have seen Destination Maternity's FRISK score drop gradually all the way down to a "1" earlier …
Baby bankruptcy boom: American retailer Destination Maternity Corporation has met Chapter 11. Our suspicions about their heightened financial risk, however, were born more than a year before their filing.
Bankruptcy Case Study
… in bankruptcies in early 2024. The Florida-based company's FRISK score sat at a "1" for more than a year before its …
Medical services provider Cano Health, Inc. ran out of cash and incurred a mountain of debt, part of a corporate healthcare sector spike in bankruptcies in early 2024.
Bankruptcy Case Study
… Bealls, and Goody’s department stores, landed firmly in the FRISK score "red zone" at the outset of 2019. Once there, the company never rose higher than a FRISK "4" in the 18-plus months prior to going under: Image …
Retail Apocalypse Now: Houston-based Stage Stores, Inc. has filed for Chapter 11 bankruptcy protection, just one of several large U.S. retailers to do so thus far in the month of May.
High Risk Report
… in 2020. The Nashville-based company is sitting at a FRISK score of "1," indicating extreme financial duress: … Keep on …
Keep on truckin'? American freight transporter Yellow Corporation could be on the road to bankruptcy as it is rapidly running out of cash even after securing a $700 million bailout in 2020.