CreditRiskMonitor reported that revenues were $3.48 million and $10.33 million for the three and nine months ended Sept. 30, 2018, respectively, an increase of 2.8% and 3.7% over the comparable periods last year.
U.S.-based mining outfit Westmoreland Coal Company filed for Bankruptcy in Oct. 2018, unable to service it's debt load once loanable collateral had been exhausted.
A contraction in credit is not something that might occur: It will happen at some point. Risk professionals dealing with the technology sector are better off preparing now, while economic conditions are still strong.
Ben Unglesbee of RetailDive leverages CreditRiskMonitor FRISK®️ score data to examine the current financial health of mega retailer Neiman Marcus Group LTD LLC.
Certain residential homebuilders are performing adequately, like PulteGroup, Inc., while others like Hovnanian Enterprises, Inc. remain severely exposed to credit risk.
Iconic American department store operator Sears Holdings Corporation has filed for Chapter 11 bankruptcy protection, becoming easily the highest-profile casualty of the "Retail Apocalypse" to date.
Inbound Logistics' Sandra Beckwith cites CreditRiskMonitor as a power user of crowdsourcing throughout the supply chain—from product design to final-mile delivery—to better assess risk.
PYMNTS.com interviewed CreditRiskMonitor CEO Jerry Flum about the "ticking time bomb" of non-financial corporate debt worldwide in 2018 and what the future holds.
CreditRiskMonitor’s proprietary FRISK® score has Texas oil and gas company Jones Energy, Inc. (NYSE: JONE) at a "1," the highest probability of bankruptcy in the next 12 months.
CreditRiskMonitor today announced a new licensing agreement with Morningstar Credit Ratings, LLC, a nationally recognized statistical rating organization (NRSRO) and a subsidiary of Morningstar, Inc.