Do svidaniya? Russian-based freight railcar manufacturer NPK OVK PAO is coming perilously close to being totally derailed by default and debt.
No two public companies are cut from the exact same cloth, yet the telltale signs of potential bankruptcy shown by craft retailer JOANN Inc. are universal: lots of leverage, recurring net losses, and negative free cash flow.
Clovis Oncology, Inc. has filed for bankruptcy due to the combination of poor sales tied to its cancer drug, Rubraca, and a significant debt load.
The party's over. Party City Holdco put up a fight, but suffocating debt and supply chain woes forced the American retailer into Chapter 11 bankruptcy.
In the world of “vCommerce,” Qurate Retail, Inc. – parent company of television shopping mainstay QVC – sits as king. Massive leverage and better capitalized competition, however, could knock the company off its throne and into bankruptcy before long.
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.
The Chapter 11 filing of wellness supplement giant NewAge, Inc. is a classic case showing that on-time bill payment by a public company is not indicative of true financial health.
CommScope Holding Company, Inc. is at the forefront of providing telecom infrastructure solutions. To steer clear of bankruptcy after a few tumultuous years of supply chain breakdown and cost pressures, it will have to come up with a different kind of fix.
Bankruptcy has claimed British chemical manufacturer Venator Materials PLC after years of struggle with both high European energy costs and waning demand.