Casas Bahia Reports R$10.1 Billion Loss; Auditor Flags Going-Concern Doubt
Companies

Casas Bahia Reports R$10.1 Billion Loss; Auditor Flags Going-Concern Doubt

EY refused to sign off on Casas Bahia's delayed accounts, citing material uncertainty about its survival. A possible jud...

Declan Byrne 👁 59 💬 0
Fitch Cuts UWM to B+ as $451.9M Loss and Debt Surge Push Leverage to 6.1x
Companies

Fitch Cuts UWM to B+ as $451.9M Loss and Debt Surge Push Leverage to 6.1x

Fitch downgraded United Wholesale Mortgage to B+ from BB- after a second-quarter net loss of $451.9 million, a $603 mill...

Declan Byrne 👁 42 💬 0