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.
Frontier Communications’ deteriorating business fundamentals have been ongoing for years now, and CreditRiskMonitor’s subscriber crowdsourcing has provided an important high-risk signal in the last few quarters.
They paid their bills on time right up until the day they filed for Chapter 11 bankruptcy protection. If you're in oil & gas, spotting risk within Sanchez Energy Corporation would have required deeper drilling.
American healthcare services leader Owens & Minor, Inc. is trending towards a higher probability of bankruptcy. We advise continuous, thorough checkups of your portfolio when assessing public company financial risk.