Eliza Ronalds Hannon - Profile and Journalist Details
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Eliza Ronalds Hannon
Verified
Senior Reporter, Bloomberg News
Atlanta
Beats
Biography
Reporter in Sarajevo @ Organized Crime & Corruption Reporting Project (@OCCRP); @Cunyjschool biz/econ grad; Bostonian; public radio junkie & contrib.
bond marketsLatin America finance economics
lifestyle, restaurant and bars, music, travel, beauty.
Content
By Scott Carpenter Verified, Immanual John Milton, Eliza Ronalds Hannon Verified| Bloomberg News Verified A form of Wall Street financial engineering that’s become popular with chain restaurants is about to get a serious stress test, as Hooters heads toward bankruptcy and TGI Friday’s remains mired in one. Whole-business securitizations took off over a decade ago, allowing retail chains to raise money more cheaply than in junk bond markets by promising future cashflow from their franchised restaurants and stores.
By Eliza Ronalds Hannon Verified, Reshmi Basu Verified| Yahoo Finance Canada Verified (Bloomberg) — Hooters of America and some of its creditors are considering a potential bankruptcy plan that would see control of the brand returned to former executives and the one-time parent of the chain, according to people with knowledge of the matter.
By Eliza Ronalds Hannon Verified, Reshmi Basu Verified| Bloomberg Law Verified Hooters of America and some of its creditors are considering a potential bankruptcy plan that would see control of the brand returned to former executives and the one-time parent of the chain, according to people with knowledge of the situation. Hooters of America’s largest franchisee, an entity tied to the original Hooters business, would team up with creditors to control the company, said the people, who asked not to be identified discussing confidential discussions.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981