While COVID-19 provided the final push to propel Neiman Marcus into a Chapter 11 filing, a long history of leveraging up gave our subscribers ample time to reduce exposure to this retail giant.
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Peril in Paris: Air France-KLM SA is facing a mighty headwind now with the COVID-19 pandemic raging. The airliner's FRISK® score has dipped throughout 2020.
The (pizza) party's over. Texas-based CEC Entertainment, Inc., parent company of the popular Chuck E. Cheese theme restaurant chain in the U.S., has filed for bankruptcy as the combo of tremendous debt and stay-at-home orders during the COVID-19 pandemic derailed their business.
As the world reels from the effects of COVID-19, Quorum Health Corporation - a major American healthcare provider and operator of hospitals in 13 U.S. states - has filed for bankruptcy.
For the second time in four years, Seadrill Limited is bankrupt. The company is the latest in a series of offshore rig firms to seek court protection from creditors following spending cuts by the energy sector in wake of the COVID-19 pandemic.
Tobacco giant Pyxus International has filed for bankruptcy, citing COVID-19-related supply chain disruptions and an overall decline in cigarette sales and consumption.
CreditRiskMonitor reported operating revenues of $4.9 million, an increase of approximately $251 thousand or 5%, for the second quarter of fiscal 2024 compared to the same period of fiscal 2023.
Will massive accrued debts soon take Salem Media Group, Inc. off the air and into bankruptcy court? If you want the lowdown on the financial peril this major media conglomerate is facing, tune into this High Risk Report.