International vacation and tourism operator Transat A.T. Inc. continues to struggle from pandemic headwinds and a cumbersome debt load. Without a major bump in travel demand sometime in 2021, bankruptcy proves more and more a possible endgame.
Hertz Global Holdings, Inc., a global superstar in rent-a-car, was taken out of the driver's seat and into bankruptcy thanks to many factors - including a propensity to load up on debt and the ongoing coronavirus pandemic.
Whiting Petroleum Corporation's well has run dry, as the Denver-based company became the first big independent oil producer in the U.S. to succumb to the coronavirus pandemic.
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.
CreditRiskMonitor reported that revenues for the 3 months ended Mar. 31, 2020 increased 6% to $3.71 million compared to $3.50 million in last year’s first quarter.
Time ran out for health retailer GNC Holdings, Inc. in their quest to shape up their balance sheet. The popular house of nutrition suffered mightily under the weight of debt.
Engine failure: the bankruptcy of Briggs & Stratton Corporation was an event long suspected by CreditRiskMonitor subscribers who watched the company's fledgling FRISK® score on a daily basis.
Aerospace leader Team, Inc.'s debt load has spiked into the stratosphere. As company leadership is concurrently in upheaval, is bankruptcy also written in the stars?
Resilinc Corporation and CreditRiskMonitor.com, Inc. are forming a partnership, aiming to enable Fortune 1000 organizations to achieve greater visibility when it comes to gauging financial health of suppliers and overall supply chain risk.