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Normale Ansicht

Guggenheim Ties Weigh on Acrisure Debt, Dragging High-Yield Credit Markets

It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typically deemed distressed.

Scaffolding Company’s Data-Center Pivot Cuts Into Margins

11. Juni 2026 um 23:55
Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Close-up of the modern data center and cabinets. Photographer: Comezora/Moment RF
  • ✇Bloomberg Markets
  • Scaffolding Company’s Data-Center Pivot Cuts Into Margins
    Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.
     

Scaffolding Company’s Data-Center Pivot Cuts Into Margins

11. Juni 2026 um 23:55
Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter.

Close-up of the modern data center and cabinets. Photographer: Comezora/Moment RF
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