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Bankruptcy prediction is the art of predicting bankruptcy and various measures of financial distress of public firms. It is a vast area of finance and accounting research. The importance of the area is due in part to the relevance for creditors and investors in evaluating the likelihood that a firm may go bankrupt.
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On December 18, 2007, Pitney Bowes also acquired Encom Technology whose products include Encom Discover and Encom Engage which are the major plugins for MapInfo Professional. [ 11 ] As of January 28, 2009, MapInfo and Group 1 Software were operating as one division called Pitney Bowes Business Insight.
In 2019 Syncsort acquired the software and data business of Pitney Bowes in a $700 million transaction backed by affiliates of Centerbridge Partners and Clearlake Capital Group. [ 37 ] [ 25 ] The deal roughly doubled the company’s size to 2,000 employees and expanded its service offerings to include data enrichment capabilities, such as ...
In 1950, Pitney Bowes initiated an advertising campaign in national publications with the message, "Metered mail makes the mailer's life easier". [9] In 1971, the company introduced a new logo, which represented the "intersection of paper-based and electronic communication". [9] Pitney Bowes was valued at around $18 billion in December 1998. [21]
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The Ohlson O-score for predicting bankruptcy is a multi-factor financial formula postulated in 1980 by Dr. James Ohlson of the New York University Stern Accounting Department as an alternative to the Altman Z-score for predicting financial distress.
The following is a list of the bankruptcy judges, as of May 2023, for the United States Bankruptcy Court for the Southern District of New York. [4]As with all federal bankruptcy judges in the US, judges are appointed by the circuit's court of appeals — in this case, the United States Court of Appeals for the Second Circuit.