Bankruptcy
Bankruptcy Articles
GM has been taking it on the chin over its recalls. With congressional inquiries and investigations picking up, this sounds like it is really bad news. But the impact on the stock price so far may be...
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NII Holdings is trying a Hail Mary pass. The troubled Latin American cellphone provider announced early on Monday that it has hired UBS Investment Bank to be its financial advisor.
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USEC has struggled for years as it has tried to get its new U.S. uranium enrichment project funded and under construction. It filed a voluntary petition Wednesday morning for a reorganization under...
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ThinkstockNII Holdings Inc. (NASDAQ: NIHD) is not trading like a company that simply reported a wider loss than expected. The Latin American wireless Nextel telecom provider i sin trouble and...
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Sterne Agee's Chuck Grom maintained a Neutral rating on the down and out retailer J.C. Penney, but he suspended his $3.00 price target on the stock. Is J.C. Penney doomed?
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Credit Suisse maintained its Underperform rating on Sears. What stands out the most is its price target of $20, given that Sears closed at $36.71 on Friday.
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YRC Worldwide is a company that just cannot seem to ever get it right. The trucking company's stock has been in the penalty box this week, and shares were down 20% in Friday trading.
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ThinkstockThe U.S. Bankruptcy Court for the Southern District of New York issued a ruling on Thursday that could result in a damage award to Tronox Ltd. (NYSE: TROX) of as much as $14.5 billion from...
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ThinkstockApparently being all organic, natural or healthy is no longer an assured success in the grocery store business. A company called Natural Markets Food Group has announced that it will be...
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courtesy of General Motors Co.Depending on which expert does the math, the U.S. taxpayer will lose about $10 billion on the bailout of General Motors Co. (NYSE: GM) once the Treasury’s sell-off of...
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Jon OggIf one bankruptcy in recent history was about as well telegraphed as you could ever imagine, it was the bankruptcy of Eastman Kodak Company (NYSE: KODK). This down and out company has made its...
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ThinkstockChinese solar PV maker Suntech Power Holdings Co. Ltd. (NYSE: STP) has been down for so long that anything must look like up. The company said Wednesday morning that it has received a...
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courtesy J.C. Penney Co. Inc.J.C. Penney Co. Inc. (NYSE: JCP) will be open on Thanksgiving, at least so far as letting customers in at 8 p.m. that day can be considered Thanksgiving hours. Those four...
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ThinkstockAs the saying goes, “It ain’t over til it’s over,” and the bankruptcy auction for the assets of LightSquared L.P. may never be over. But at least it is a step closer. On Monday a...
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courtesy J.C. Penney Co. Inc.How long is too long before the shutdown of the federal government begins to batter U.S. gross domestic product and the fortunes of a number of industries? In the case of...
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