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.
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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.
The retail industry continues to be haunted by persistent bankruptcy filings. Will famed furniture and home decor provider Pier 1 Imports be next to fall?
Claire's Stores, Inc., a retailer aimed at providing boutique jewelry and accessories for young women, has filed for Chapter 11 bankruptcy protection.
CreditRiskMonitor and Allianz Trade, the world’s leading trade credit insurer, are pleased to announce the approval of CreditRiskMonitor as a Discretionary Credit Limit (DCL) report provider in the U.S.
Animal pharma leader Akorn, Inc. had been in bankruptcy danger for several years. When a stern warning from the FDA and a failed takeover bid derailed their business, they were left with nowhere else to turn.
A popular technology solutions provider to the energy sector, Houston-based McDermott International, Inc. has met Chapter 11 bankruptcy - a fate which wouldn't have surprised vigilant CreditRiskMonitor subscribers.
American healthcare services leader Owens & Minor, Inc. is trending towards a higher probability of bankruptcy. We advise continuous, thorough checkups of your portfolio when assessing public company financial risk.
Debenhams Plc's pre-pack administration takes us across the pond to the United Kingdom, where the popular British retailer collapsed in a rapid fashion.