Business Insider: Exide Technologies Files for Chapter 11 Bankruptcy Protection

…Since June 2012, GMI Ratings’ Financial Distress Risk Model has rated Exide  Technologies as “high risk” for financial distress. The most recent score for  XIDE placed the company in the lowest 1 percentile of all companies in North  America, indicating higher chance of financial distress than 99% of comparable  companies rated by GMI…

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