The company running Sheldon Adelson's Las Vegas Sands casino chain and generics company Mylan Pharmaceuticals, Teva's chief rival in the U.S., have been named by the research company Audit Integrity among the 20 firms most likely to go bankrupt in the next 12 months.
The list of the most vulnerable companies includes chipmaker AMD, American Airlines, retail chain Macy's, the car rental company Hertz, media firm CBS and cellular provider Sprint-Nextel.
Advertisement
Audit Integrity's list is limited to firms with a market cap of over $1 billion. It is based on an analysis of 2,500 U.S. companies.
"The evidence indicates that filings for bankruptcy protection tend to lag behind the recession period, and it is therefore very important that investors and those concerned over the risks of corporate failure limit their exposure to companies that may collapse," said Jack Zwingli, chief executive of Audit Integrity, an independent financial research and risk management firm.
Bankruptcy filings tend to lag behind downturns. Investors and those concerned with the risks of corporate failure must mitigate their exposure to vulnerable companies collapse, urged Jack Zwingli, CEO of Audit Integrity. "Market volatility and sudden downturns such as we have been experiencing must be factored into bankruptcy risk."
Las Vegas Sands filed a prospectus ahead of floating its gambling business in Macau, on the Hong Kong stock exchange.
Mylan, the second largest generic drug manufacturer in the United States, announced last week that it had filed for U.S. Food and Drug Administration approval of its generic version of Copaxone, the multiple sclerosis therapy developed by Teva and the Israeli company's biggest product.
IOS delegate你必須知道的事情
12 年前
沒有留言:
發佈留言