In the wake of Russia's invasion of Ukraine nearly one year ago, we note how companies in 2023 must implement sound sourcing strategies that account for sanctions, country, and financial risk to mitigate future disruptions.
As the fallout from one of the biggest bankruptcies of 2019 begins to settle, we see that credit and procurement professionals who evaluate risk in public companies as a habitual practice are proving to be the best at avoiding unnecessary exposure.
Pier 1 Imports, Inc.'s management is hyper-focused on turning around the business, but don’t let other scoring methods (including the PAYDEX® score) mislead you.
The coronavirus has reignited challenges for Contura Energy, Inc. and for the coal industry in general, with the price of coal dropping towards multi-year lows.
CreditRiskMonitor’s FRISK® Stress Index today shows that the retail industry in the United States is experiencing near-record financial stress.
Major drug manufacturers Mallinckrodt plc and Endo International plc are financially distressed due to elevated debt and product-related risks. If your company is doing business with these manufacturers, you should evaluate your risk exposure and perform further research.
Dining-out traffic trends are showing persistent weakness. If you are working with a restaurant chain that has a weak capital structure, you should implement strategies to reduce risk or otherwise face the possibility of serious financial loss.
For J. C. Penney Company, Inc., CreditRiskMonitor's proprietary subscriber crowdsourcing is indicating negative sentiment and matches the high-risk assessment of the retail giant provided by the FRISK® score.
In a highly interconnected world, large financially distressed companies like Spain's Obrascon Huarte Lain can pose far-reaching risks.