Newsroom | RapidRatings

News

August 12, 2023

Consumer Spending Slows, Putting The Rest Of Year At Risk For Retailers

When the National Retail Federation (NRF) puts out a release with the headline “Consumer Spending Is Slowing,” retailers better take notice.

News

August 7, 2023

Bankrupt AeroCision looks to pay suppliers $5M

The aerospace parts maker filed for Chapter 11 last week after it buckled under revenue shortfalls, rising costs and supply chain disruptions.

Press Release

July 19, 2023

RapidRatings Appoints John D’Aleo as Chief Executive Officer and James Gellert as Executive Chair

RapidRatings, the leading provider of financial health data and analytics, announced the appointment of John D’Aleo as its new Chief Executive Officer (CEO) effective immediately.

News

July 17, 2023

Global Outlook Report 2023

No one knows exactly how 2023 will wrap up or what 2024 will bring, but using last year as a guide, then taking stock midway through the year and course correcting as needed is the best path forward.

News

July 10, 2023

Rapid Ratings CEO: We will see a significant increase in defaults in mid-size private companies

Rapid Ratings CEO James Gellert joins ‘The Exchange’ to discuss refinance troubles for upcoming debt maturities, industry and business size impacting borrowing dynamics, and small companies.

News

June 9, 2023

Incora’s bankruptcy sends a warning signal to aerospace supply chains

The supplier and service provider took on heavy costs and lost profit as shipment delays in the industry spiraled.

News

June 7, 2023

Why retailers almost never come back from bankruptcy

The Bed Bath & Beyond bankruptcy saga continues — this time with a glint of good news. The company is in talks to sell its baby product chain, Buybuy Baby, according to reporting by WSJ.

News

May 22, 2023

Corporate bankruptcies are on the rise — and the pain won’t end for a while

From Vice Media to Bed Bath & Beyond, bankruptcies are picking up again. Last week, corporate America had its worst 48-hour stretch of bankruptcies since at least 2008, according to Bloomberg.

News

May 8, 2023

Tesla has more ability to experiment than other automakers, says Rapid Ratings CEO

James Gellert, Rapid Ratings CEO, joins ‘Power Lunch’ to discuss Tesla’s price cuts and the state of the auto industry.

News

May 3, 2023

Perfect Storm Is Brewing For More Retail Bankruptcies After Bed Bath & Beyond And David’s

Retailers face a perfect storm due to the rising cost of capital, trouble in the banking sector, slowing residential real estate market, record levels of household debt and persistent inflation.