Bankruptcy
Bankruptcy Articles
Fitch has already warned today that if the United States dos not get a credible fiscal plan after the elections that it would likely downgrade the United States’ sovereign credit rating. Now...
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Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller incidents, but...
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So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together. Rumors have been out that nations have been instructed to make contingency...
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A ruling by a US International Trade Commission judge has declared a patent claimed by Eastman Kodak (OTC: EKDKQ) to be invalid, casting even more doubt on the value of the iconic photography company...
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It is never a good thing to see a run on the banks. That is what the fears were recently indicating in Greece. The problem is that Spain is a much larger problem due to excessive lending and the...
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Earlier this month Micron Technology Inc. (NASDAQ: MU) was named the top bidder in the auction for bankrupt Japanese DRAM maker Elpida Memory. Now, it seems that some creditors think that Micron’s...
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The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit of the Euro and as...
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The Europeans need to make a decision soon. It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system. The baby-sitting and reality TV watching...
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After the notion surfaced that LightSquared’s open wireless broadband network may interfere with global positioning systems, it seemed like nothing could save LightSquared. There was also the...
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NokiaNokia Corporation (NYSE: NOK) has been on a multiple-leg flight. Destination: Hell. Now it seems that any stop in Purgatory may be short-lived. This downgrade may feel a bit late, but...
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Micron Technology Inc. (NASDAQ: MU) has seen a very muted reaction to its efforts to buy Elpida out of bankruptcy. Stern Agee has keyed in and reiterated a Buy rating and an $11.00 price target. ...
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Bank of America Corporation (NYSE: BAC) may be trying to move further and further past its mortgage exposure, but its Home Loans division is reaching out to customers who may be eligible for...
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Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) already had problems before a fund called Tang Capital accused it of being insolvent this week. Over the last year this stock has fallen down steadily...
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Shutterfly, Inc. (NASDAQ: SFLY) is suddenly back in favor. Facebook’s $1 billion gamble on Instagram for photo sharing did not flush out any new buyers to compete against Shutterfly for what is a...
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Bernie Madoff was the ultimate scum if you consider the size, time period and numbers of clients that his Ponzi scheme damaged. It was billions of dollars lost. There may be a new scum bag in the...
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