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Indicators of Financial Stress in U.S. Food and Restaurant Sectors
Fitch Ratings has published a report that identifies leading financial stress indicators in the U.S. food and restaurants sectors. The report reviews several companies that have struggled financially and have, at some point, either filed for bankruptcy protection or become 'fallen angels' due to their ratings being downgraded to high yield. The firms discussed include Chiquita Brands International, Inc., Interstate Bakeries Corporation, Krispy Kreme Doughnuts, Inc., Buffets Holdings, Inc. and VICORP Restaurants, Inc.
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