Gibson Guitar May Default If Company Can't Refinance Its Debt
There's 'uncertainty' about the famed guitar maker's ability to refinance this debt and that its capital structure is 'unsustainable,' according to Moody's
Herbalife: Getting Junkier?
"The specter of a takeout still hovers over Herbalife. And that has led S&P Global Ratingsanalyst Gerald T Phelan to lower the company’s corporate credit rating deeper into junk territory by cutting it one notch to B+ from BB-. The senior secure bank debt was also lowered one rung from BB+ to BB."
Companies Face Record Number of Shareholder Lawsuits
Securities cases stack up as investors take firms to task for business disruptions, failed trials and disappointing earnings
The Uber Dilemma – Stratechery by Ben Thompson
Game theory explains why Benchmark is risking its reputation to sue Uber. Plus, what comes next.