Fast Forward (Bon Ton Stores, David's Bridal, Supervalu and More)
- Bon Ton Stores ($BONT) looks like it's close to filing for bankruptcy this week.
- David's Bridal earned itself an S&P Global Ratings downgrade.
- More shenanigans by Sears Holdings ($SHLD) as holiday sales were down 16% and Land's End heads for the exits.
- Supervalu's junk bonds and leverage loan took a hit this week.
- Tenet Healthcare ($THC) is laying off employees and divesting assets.
- Teva Pharmaceutical Industries Ltd. ($TEVA) saw its credit rating cut to junk by Moody's Investors Service.