Corporate defaults jump, highest August monthly tally since 2009, S&P says
(Reuters) – The number of new corporate defaults globally reached 16 in August, the highest August monthly number since 2009, S&P said in a report released on Wednesday, the latest sign that corporate stress is building. While defaults tend to slow down during the summer, last month’s number was well above the 8.6 average for… Read More »Corporate defaults jump, highest August monthly tally since 2009, S&P says