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The Moneyist: My ex-husband racked up $70K in credit-card debt in my name, and bought a house with our son. Now his business is in trouble. What can we do?

‘This was the way my father treated my mother, so I thought it was normal.’.....»»

Category: topSource: marketwatchApr 21st, 2021

The Bank of Spain estimates that 18% of companies are insolvent due to the coronavirus, but half of them are viable in the long term.

The Bank of Spain estimates that 18% of Spanish companies are insolvent, given that their net debt exceeds more than 12 times their expected profits in.....»»

Category: personnelSource: nytMar 9th, 2021

Market Extra: Companies race to borrow after last week’s extreme rates spike hits calm patch

Roughly a dozen U.S. companies with investment-grade credit ratings are back borrowing in the bond market on Monday, after last week's surprise jump in Treasury yields spooked stocks and parts of the debt market......»»

Category: topSource: marketwatchMar 1st, 2021

Companies are set to issue record debt for a 2nd straight month — and Bank of America says it"s because the Fed "solved" a looming credit crisis

(AP Photo/Carolyn Kaster.....»»

Category: topSource: businessinsiderApr 28th, 2020

Credit companies cut spending limits without warning

Safety net threatened for consumers who need credit cards during economic crisis, as firms move to cancel dormant cards and reign in limits......»»

Category: topSource: moneycentralApr 28th, 2020

Your credit card can lower your limit without warning. Here"s how to keep your credit score from taking a hit.

Integrity Pictures Inc/Getty Images   To minimize risk during the current economic crisis, credit card issuers li.....»»

Category: topSource: businessinsiderApr 27th, 2020

These oil companies are most at risk in the danger zone

Survival will be difficult on plunging oil prices and mounting debt......»»

Category: topSource: moneycentralApr 20th, 2020

Deep Dive: These U.S. oil companies are most at risk in the danger zone

Survival will be difficult on plunging oil prices and mounting debt......»»

Category: topSource: marketwatchApr 20th, 2020

Why Leveraged Loans, CLOs Feed Worries in Virus Slump

Higher-risk corners of the financial market are under stress from the economic collapse caused by the Covid-19 pandemic. One area that’s a focus of intense nail-biting is so-called leveraged loans -- or borrowing by companies with shakier credit .....»»

Category: topSource: washpostApr 4th, 2020

Why Leveraged Loans, CLOs Feed Worries in Virus Slump: QuickTake

Higher-risk corners of the financial market are under stress from the economic collapse caused by the Covid-19 pandemic. One area that’s a focus of intense nail-biting is so-called leveraged loans -- or borrowing by companies with shakier credit .....»»

Category: topSource: washpostApr 3rd, 2020

A top New York surgeon warns that the coronavirus has "breached" hospital walls and infections could peak in 22 to 32 days

Sgt. Amouris Coss/U.S. Army National Guard via Reuters A top New York City surgeon has issued two ominous memos, warning that the healthcare system could soon be overwhelmed and that healthcare workers are at risk. In .....»»

Category: topSource: businessinsiderMar 21st, 2020

Market Extra: Brace for credit shocks as heaps of U.S. oil-field service company debt comes, warns Moody’s

North American oil-field services and drilling companies will need to refinance $32 billion of debt this year through 2024, a big worry even before oil prices collapsed to $22 a barrel and the coronavirus grew into a pandemic......»»

Category: topSource: marketwatchMar 18th, 2020

Fed"s short-term corporate funding plan boosts stocks, gold, dollar

Gold, the dollar and global equity markets rose on Tuesday after the Federal Reserve said it would buy short-term corporate debt directly from companies to help relieve credit markets under strain from the economic impact of the coronavirus epidemic......»»

Category: topSource: reutersMar 17th, 2020

Rating agencies warn Lebanon over $1.2 billion loan default

Credit ratings agency Moody’s is warning that the country’s first-ever default on paying its sovereign debt will likely lead to significant losses for private creditors.....»»

Category: smallbizSource: nytMar 10th, 2020

Deep Dive: These energy companies have the highest debt and the most at risk as the oil market collapses

Expect bankruptcies among highly leveraged U.S. shale-oil producers......»»

Category: topSource: marketwatchMar 10th, 2020

"Risk of a credit event surging" BofA says as coronavirus-fearing investors race out of the market"s riskiest bonds

REUTERS/Lucas Jackson The risk of a credit event is surging, according to Bank of America, with high-yield debt seeing billions in outflows. New issuances have come to a standstill, Societe Generale said. It's one of a slew of ris.....»»

Category: topSource: businessinsiderFeb 28th, 2020

Boeing and T-Mobile’s Credit Set to Follow in Kraft Heinz’s Footsteps

These high-debt companies could be next in the wave of credit downgrades, making them more vulnerable to lossesRelated Stocks: BA, TMUS, MCO, KHC,.....»»

Category: blogSource: gurufocusFeb 26th, 2020

Wall Street leveraged debt desks set to dial up risk in new year

Bankers in the $2.5 trillion leveraged credit market are ready to get back to risk taking. After a volatile year that saw over $2 billion of loans pile onto their balance sheets as investors sought... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

SoCal Millennials Are Piling On Most Credit Card Debt

SoCal Millennials Are Piling On Most Credit Card Debt Beverl.....»»

Category: blogSource: zerohedgeDec 17th, 2019

Market Extra: Credit-rating firms raise more alarms about the weakest corporate borrowers

Investors say fears of credit-ratings downgrades to debt-laden companies is a top concern as the U.S. economy shows signs of weakening.....»»

Category: topSource: marketwatchOct 17th, 2019