American freight transporter Yellow Corporation has declared bankruptcy after years of financial struggles and growing debt, marking a significant shift for the U.S. transportation industry and shippers nationwide.
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Textile manufacturer Pan Brothers Tbk PT unsuccessfully relied on a strategy of using short-term working-capital facilities to cover its long cash-conversion cycle, leading to eventual bankruptcy.
The end credits could roll on Cineworld Group, the parent company of several large movie theater chains including Regal Entertainment Group. Will COVID-19 ultimately annihilate the industry?
CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) reported revenues of $4.9 million, an increase of approximately $63 thousand or 1%, for the first quarter of fiscal 2025 compared to the same period of fiscal 2024.
Although crude oil prices snapped back in recent months, Denver-based Highpoint Resources filed bankruptcy not long after the publication of our High Risk Report.
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.
By tracking the behavior of credit managers and other professionals, crowdsourcing becomes the critical advantage that CreditRiskMonitor subscribers gain.
¡Ay, Caramba! The coronavirus has grounded Grupo Aeroméxico SAB de CV, but their heavy debt load preceding the pandemic made the Mexican airliner a bankruptcy risk for many years prior.
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.