Kamakura's troubled company index shows improvement
Advertiser Staff
Honolulu-based Kamakura Corp. said its troubled company index showed improvement last month for the first time since May 2008.
The index of troubled public companies fell 0.9 percent to 23.1 percent during the month. The index covers more than 21,000 public companies in 30 companies, with a troubled company defined as one whose short-term probability of default is larger than 1 percent.
