Bankruptcy
Bankruptcy Articles
courtesy of Hostess Brands Inc.Today is the deadline for interested bidders to get their bids in for bankrupt Hostess Brands Inc. At last count, about 110 potential bidders had expressed interest....
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One might think that a company that has run into bankruptcy would be approached cautiously by a potential buyer. Hostess Brands Inc., maker of such American dietary staples as Twinkies, Cupcakes,...
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Flickr, Images of MoneyEquity Residential (NYSE: EQR) and Avalonbay Communities Inc. (NYSE: AVB) are acquiring Archstone Enterprises LP. This deal is for the portfolio of apartment properties under...
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Jon OggAre big mergers really worth it? After this week’s merger implosion news by Hewlett-Packard Co. (NYSE: HPQ), 24/7 Wall St. wanted to review and analyze many of the really bad mergers of...
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Hostess management has tried nearly every reasonable means to keep the baker of Twinkies open, or so they say. Whether the claims are true or not, a short burst of optimism brought on by a...
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courtesy of Hostess Brands Inc.Some Americans hoarded all the Hostess Twinkies they could find after the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the liquidation...
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courtesy of Hostess Brands Inc.Hostess Brands Inc., a privately held firm that makes Twinkies, Wonder Bread and other bakery products, is set to seek permission from a bankruptcy court to close down,...
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ThinkstockOverseas Shipholding Group Inc. (NYSE: OSG) has just fallen on its sword. We recently named the next penny stocks and this was one of the companies we warned could easily fall into that...
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ThinkstockMBIA Inc. (NYSE: MBI) has tanked after Bank of America Corp. (NYSE: BAC) has tendered for the 5.70% MBIA notes due in 2034. The bank is asking note holders to sell their 2004 MBIA notes...
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ThinkstockIn an exclusive report published late Friday, Reuters said that Ally Financial Inc. is near a deal to sell its automobile financing operations in Europe and Latin America for a price of...
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ThinkstockSome companies are in real trouble. Some are under severe industry pressure, and some are just faltering due to missteps and bad luck. With the economy remaining weak and with the markets...
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ThinkstockA123 Systems Inc. (NASDAQ: AONE) is up on financing news this morning, but it is still hard to get excited about penny stocks in bankruptcy. The lithium iron phosphate battery and systems...
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Shares of A123 Systems Inc. (NASDAQ: AONE) have jumped more than 50% (again) today after one of the company’s lenders and shareholders, China’s Wanxiang Group Corp., said it would waive its...
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Oil and petroleum products shipper Overseas Shipholding Group Inc. (NYSE: OSG) filed a document with the Securities and Exchange Commission this morning indicating that the company is “evaluating...
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Photo by Spencer Platt/Getty ImagesThe stock market is mixed Monday, with the Dow Jones Industrial Average down 0.04%, The Nasdaq up 0.24% and the S&P 500 up 0.05%. Today’s sole winner is a...
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