Bankruptcy
Bankruptcy Articles
Bankrupt U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) today got permission from the U.S. Bankruptcy Court to use $15.5 million of “debtor-in-possession” financing from a total of $72.5...
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Solar component maker Satcon Technology Corp. (NASDAQ: SATC) filed for Chapter 11 bankruptcy protection after markets closed last night. While not as well known as solar panel makers First Solar Inc....
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If the brand of Lance Armstrong was a stock, let’s just be nice say that the value would have tanked. The reality is that the exchange would have probably halted trading if it was public. After the...
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After filing a “going concern” letter earlier today with the SEC, U.S. battery maker A123 Systems Inc. (NASDAQ: AONE) later announced that it had sold its automotive business assets to Johnson...
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Dynegy Inc. (NYSE: DYN) has now successfully completed its Chapter 11 reorganization and emerged from bankruptcy. The newly traded independent power producing company has approximately $800 million...
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The trailing 12-month default rate on high-yield bonds in August rose to 2.2% from 2% in July, according to Fitch Ratings. The ratings firm expects the default rate to end the year with a 2.5% to 3%...
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The bankruptcy implosion at Eastman Kodak Co. is going from ugly to uglier. How Antonio Perez has been able to remain CEO is more than just a mystery. Perez is naming the leadership for Kodak’s...
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AMRBankrupt AMR Corp. and US Airways Group Inc. (NYSE: LCC) have announced that the two companies have entered a nondisclosure agreement (NDA), under which the companies have agreed to exchange...
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AMRIt is almost hard to believe, but AMR Corporation (NASDAQOTH: AAMRQ.PK) has proven to be profitable in the month of July. AMR has made an SEC Filing which discloses its Monthly Operating Report...
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ATP Oil & Gas Corp. (NASDAQ: ATPG) is joining the bankruptcy crowd. The oil company in the Gulf of Mexico filed a voluntary Chapter 11 bankruptcy petition in order to undertake a comprehensive...
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AMRAMR Corp., the parent of American Airlines, is considering what its CEO calls the “attractive option” of a merger with smaller competitor US Airways Group Inc. (NYSE: LCC) as the company...
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If you think that ‘ridiculous bonuses’ are limited to Wall Street, think again. We have always worried about a bonus even being called a bonus, but this one truly is frivolous and is going to...
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JAL will list on the Tokyo exchange with an initial public offering that will raise $8.5 billion. The listing is improbable for two reasons. The first is that airlines have had a rough year worldwide...
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The woes for Knight Capital Group, Inc. (NYSE: KCG) are still there despite newswire headlines about ongoing talks with multiple parties which have been seen throughout this Thursday. As of 12:45...
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Knight Capital Group Inc. (NYSE: KCG) has some explaining to do over its trading errors on Wednesday. This created major moves in many stocks and the NYSE canceled trades in at least six stocks. Now...
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