Chart of the Day: NewLead Holdings

According to Yahoo!Finance, “NewLead Holdings Ltd. (NEWLF) operates as a vertically integrated shipping company worldwide. The company was formerly known as Aries Maritime Transport Limited and changed its name to NewLead Holdings Ltd. in December 2009.”

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The Study of Failure

“It also said Baxter's failure to meaningfully reduce financial leverage to compensate for the increased risk of its business could also lead to a rating downgrade. ("Baxter to cut 4,500 jobs." UPI Archive: Financial, 16 Nov. 1993. Infotrac Newsstand. Accessed 17 Dec. 2018.).”

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