CreditRiskMonitor announced that Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, has informed the Board of Directors of his intention to retire effective June 30, 2020.
Our subscribers have been wired into the potential for bankruptcy in Exela Technologies, Inc. This may be your last chance to review them and make a strong, proactive financial risk decision.
As the coronavirus (COVID-19) sends shockwaves through the stock market and the world at large, it has also greatly upped the financial risk potential for automotive, technology, healthcare, chemicals, and many other industries.
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.
If a premium grocery chain like Whole Foods can experience a multi-month SKU disaster, chances are that it can happen to your company too. Evaluate the financial health of your supply chain, see which vendors are most at risk of failure, and take the necessary steps to safeguard against them.
Over the last three completed calendar years, CreditRiskMonitor's FRISK® score was able to predict U.S. public company bankruptcy at a 96% rate of success.
Commercial bankruptcies in the United States increased for the first time since 2009. Record corporate debt and waning business confidence are striking developments regardless of which industry you are operating within.
With cracks already starting to show in the trucking industry and CFOs worrying that economic conditions are primed to decline, the time to prepare is now.
Our FRISK® score is drilling deep for our subscribers to unearth the high financial stress lurking within well site service provider Basic Energy Services, Inc.
The financial fallout from the most recent holiday season may not provide comfort or joy for Conn’s, Inc., a specialty retailer of furniture, mattresses, home appliances and electronics.