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Avaya exits the Triangle, less than three years after arriving in NC
Raleigh News and Observer via Yahoo News· 1 year agoAt the start of 2023, the telecommunications firm Avaya was in a much different place than it is...
Factbox-US corporate bankruptcies set for highest level since 2020
Reuters via Yahoo Finance· 1 year agoBy Bansari Mayur Kamdar (Reuters) -Bankruptcy filings by U.S. companies this year are on track to...
Avaya files for Chapter 11 bankruptcy
Reuters via Yahoo Finance· 1 year agoAvaya Holdings Corp has filed for Chapter 11 bankruptcy and secured a financing of $780 million as it restructures its business, the IT firm said on Tuesday. Avaya said upon completion of the ...
Open Source: Crowd investing heats up
Raleigh News and Observer via AOL· 1 year agoFor most of the past century, the federal government barred all but higher-end earners from investing in private companies, including startups, fearing...
Leveraged loan default rate holds slim in October but distressed volume tops $100B
Pitchbook via Yahoo Finance· 2 years agoWith no bankruptcies or payment misses in October the default rate of the Morningstar LSTA US Leveraged Loan Index fell slightly, to 0.83% by amount, from 0.90% in September. While this figure ...
US loan default rate ends 2022 at 0.72%; downgrades, distressed volume in focus
Pitchbook via Yahoo Finance· 1 year agoWith no payment misses or bankruptcies among companies in the Morningstar LSTA US Leveraged Loan Index in the fourth quarter of 2022, the institutional loan default rate closed the year at 0.72% ...
US leveraged loan defaults hit two-year high after $4.5B of August filings
Pitchbook via Yahoo Finance· 2 years agoDefault activity in the U.S. leveraged loan market roared back to life in August after bankruptcy filings from four issuers in the Morningstar LSTA U.S. Leveraged Loan Index pushed $4.46 billion ...
US Audit Agency Can Now Inspect & Investigate Chinese Firms, US Senate Passes $858B In Annual...
Benzinga via Yahoo Finance· 1 year agoReuters US Embargo On China Intensifies, Ban Extends To AI Chip Sector The U.S. government added...
US leveraged loan default rate climbs to 20-month high in February
Pitchbook via Yahoo Finance· 1 year agoThree defaults in February propelled the U.S. leveraged loan default rate above 1%, the first time this metric has reached that level in 20 months, according to the Morningstar/LSTA Leveraged ...
RingCentral (RNG) Q1 2023 Earnings Call Transcript
Motley Fool· 1 year agoJoining me today are Vlad Shmunis, founder, chairman, and CEO; Mo Katibeh, president and chief operating officer; and Sonalee Parekh, chief financial...
