San Antonio-based Pioneer Energy Services Corporation's swelling debt and decline in working capital present heightened bankruptcy risk.
CreditRiskMonitor reported operating revenues of $4.55 million, an increase of 5%, for the three months ended Sept. 30, 2022, as compared to the third quarter of fiscal 2021.
Irish drug company Mallinckrodt plc is one of several major opioid manufacturers to file for bankruptcy protection in the shadow of massive litigation.
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.com, Inc. (OTCQX:CRMZ) is pleased to announce that its SupplyChainMonitor™ solution has been recognized as a top procurement technology in the Spend Matters Fall 2024 SolutionMap.
The news that Kona Grill, Inc. went bankrupt was tough to digest for many risk professionals - but not CreditRiskMonitor subscribers, who would have been aware of the restaurant chain's financial struggles for years.
Shut down the showroom? Iconic luxury auto manufacturer Aston Martin has seen sales collapse and losses mount in a turbulent year that was overshadowed by management change and the coronavirus pandemic.
American retailer Pier 1 Imports, Inc. struggled to stay solvent, leading to filing for Chapter 11 bankruptcy protection. As the chain plans to close nearly half its stores, we focus on how things deteriorated to this point and how our subscribers were notified early.
Colorado-based oil and gas giant Ultra Petroleum Corporation's ineffective use of assets to generate earnings is causing our subscribers to feel like their well is going dry.