¡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.
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Scandinavian Airliner SAS AB could soon be sending out a Chapter 11 S.O.S. If you're one of their creditors, what proactive steps will you take to avoid a major write-down if bankruptcy comes?
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CreditRiskMonitor.com, Inc. (OTCQX: CRMZ) today announced that its Board of Directors has appointed Madhav Kale as its Chief Technology Officer, effective September 18, 2025.
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CreditRiskMonitor® conducted its Annual Shareholder Meeting on July 12, 2023 and Dr. Brigitte Muehlmann and Mrs. Lisa Reisman were elected as new members of its Board of Directors, effective immediately.
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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.
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CreditRiskMonitor.com, Inc. reported operating revenues of $5.1 million, an increase of approximately $85 thousand or 2%, for the third quarter of fiscal 2025 compared to the same period of fiscal 2024.
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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.
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Chinese property developer defaults have become the norm, with formal bankruptcies now beginning to take shape. Industry giant China Evergrande Group may be among the next to file.
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A recent IMF report has highlighted a surge in instability within nonfinancial corporations. As the potential for mass economic failure mounts, CreditRiskMonitor is providing the daily markers that effectively signal on the counterparties in your portfolio that hold the most extreme bankruptcy risk potential.