Incapta Inc
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Communication Services : Entertainment |
Company profile

InCapta, Inc. is a media holding company. The Company is focused on the radio, television, movie production and television productions to use on online Cloud television and radio. It is developing its online movie channel, a 24 hour a day streaming Internet television station, and its online news and video news bureau in association with Leading Edge Radio Network and Mancuso Martin Productions. The Company operates two cloud television networks: World Drone Recreation Aviators and Leading Edge Radio Network. Its network develops its own channel content. It is also involved in pre-production of two full-length movies; developing a weekly half hour television show; and producing radio talk show with LeadingEdgeRadio.com.

Closing Price
$0.0001
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.0002
Day's Low
0.0001
Volume
(Light)
Volume:
5,520,151

10-day average volume:
26,185,466
5,520,151

U.S. bankruptcies on track for 10-year high with more than 100 consumer companies already filing

8:44 am ET August 11, 2020 (MarketWatch)
Print

U.S. bankruptcies are en route to a 10-year high with 424 companies filing as of August 9, according to S&P Global Market Intelligence (https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/us-bankruptcies-on-track-to-hit-10-year-high-as-pandemic-rages-on-59745245). The group's analysis took into account both public and private companies with public debt. The coronavirus has hit consumer companies hard, with more than 100 filing for bankruptcy including Men's Wearhouse parent Tailored Brands Inc (http://www.marketwatch.com/story/mens-wearhouse-jos-a-banks-parent-tailored-brands-files-for-bankruptcy-report-2020-08-02).(TLRD), department store Lord & Taylor (http://www.marketwatch.com/story/department-store-chain-lord-taylor-files-for-bankruptcy-2020-08-02) and work wear retailer Brooks Brothers (http://www.marketwatch.com/story/brooks-brothers-enters-into-305-million-stalking-horse-agreement-that-will-keep-125-stores-open-2020-07-24). Nearly 100 bankruptcies are in the energy and industrials sector. Oil-and-gas producer Chesapeake Energy Corp (http://www.marketwatch.com/story/fracking-pioneer-chesapeake-energy-files-for-bankruptcy-2020-06-28).(CHKAQ) and small-engine maker Briggs & Stratton Corp (http://www.marketwatch.com/story/briggs-stratton-files-for-chapter-11-bankruptcy-as-pandemic-weighs-on-business-2020-07-20). are among the 35 companies that have filed with more than $1 billion in liabilities. The Consumer Discretionary Select Sector SPDR ETF (XLY) has gained 13.3% for the year to date while the S&P 500 index is up 4% and the Dow Jones Industrial Average has lost 2.6%.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 11, 2020 08:44 ET (12:44 GMT)

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