CreditRiskMonitor announced that its Board of Directors today declared a dividend of $0.05 per outstanding share of its common stock. Additionally, the Board elected Michael Flum as SVP and COO and Jonathan Levy as SVP, Secretary and General Counsel.
Dining-out traffic trends are showing persistent weakness. If you are working with a restaurant chain that has a weak capital structure, you should implement strategies to reduce risk or otherwise face the possibility of serious financial loss.
Nearly 30% of publicly traded companies worldwide are already trending in the FRISK® red zone, indicating heightened bankruptcy risk - and as recession whispers intensify, every day you delay taking action could cost you and your company dearly.
Canadian oil & gas titan Bellatrix Exploration Ltd. suffered under the weight of tremendous debt, keeping their FRISK® score pinned down before eventual bankruptcy.
Major drug manufacturers Mallinckrodt plc and Endo International plc are financially distressed due to elevated debt and product-related risks. If your company is doing business with these manufacturers, you should evaluate your risk exposure and perform further research.
Our subscribers who had global travel giant Thomas Cook Group plc in their portfolios as the company's debt soared and working capital eroded were provided ample time to sidestep financial risk thanks to the FRISK® score.
Popular drugstore retailer Rite Aid Corporation's heightened bankruptcy risk coincides with one-time competitor Walgreens swooping in and converting brick-and-mortar stores to their own brand and system.
We're seeing financial risk increasing within agricultural equipment leader Titan International, Inc. With the FRISK® score in their arsenal, our subscribers are far less likely to be surprised when public company bankruptcies crop up.
Transportation and freight leader YRC Worldwide Inc. has delivered prompt payment to its customers without fail - but wise financial risk evaluators know that payment data doesn't predict future behavior from public companies.
CreditRiskMonitor announces a new partnership with HighRadius, a Fintech enterprise Software-as-a-Service (SaaS) company which leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes.
Retail leader Fred's, Inc. tried to stave off Chapter 11 with new leadership while hundreds of their drugstores closed for good. A household name in much of the U.S., we look at what led to their rapid decline.
In 2019, nearly half of the 230 publicly traded Chinese construction companies we cover are financially distressed. If you have exposure to China’s real estate market, we urge you to monitor closely the financial risk potential of your commercial counterparties.