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Naming An Interim CFO Has Its Benefits
Appointing an interim CFO need not be avoided at all costs, according to a new study.
By
Vincent Ryan
| August 5, 2022
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Refinancing
The Economy
U.S. Home Refinancing Reaches Three-Year High
A sharp drop in mortgage rates is sending homeowners to their lenders to lower monthly payments.
By
Lauren Muskett
| August 21, 2019
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Credit
U.S. Home Refinancings Drop to 18-Year Low
A weekly measurement of refinancing activity showed a 5% decline even though mortgage rates fell for the first time in seven weeks.
By
Matthew Heller
| November 23, 2018
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Strategy
Kodak Issues ‘Going Concern’ Warning
The company says its liquidity challenges "raise substantial doubt about Kodak’s ability to continue as a going concern.”
By
Matthew Heller
| November 12, 2018
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Risk
S&P Downgrades Eastman Kodak to ‘CCC’
S&P says there is a material risk Eastman Kodak will be unable to refinance a $395 million outstanding term loan.
By
William Sprouse
| June 6, 2018
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Corporate Finance
Hertz Shares Jump on Private Debt Offering
The stock rises more than 8%, recouping some of the losses it suffered after Hertz reported disappointing first-quarter results.
By
Matthew Heller
| May 31, 2017
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Investment Banking
CMBS Delinquency Rate Rises Again in March
As measured by Trepp, the delinquency rate has increased in 11 of the past 13 months and, at 5.37%, is now 115 basis points higher than a year ago.
By
Matthew Heller
| April 6, 2017
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GAAP and IFRS
The Refinancing from Hell
YRC's controller is glad that a 2014 refinancing didn't fall under 'troubled debt restructuring,' like a 2011 recapitalization did.
By
David McCann
| February 10, 2015
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Strategy
YRC Keeps on Truckin’
CFO chronicles YRC Worldwide's descent into and return from the financial depths.
By
David McCann
| February 10, 2015
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