Bankruptcy
Bankruptcy Articles
Ally Financial Inc. is still planning to conduct its initial public offering. A fresh amended filing from this morning shows that Ally plans to sell up to $100 million in common stock and/or up to...
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LightSquared, one of the worst ideas in the history of technology, may file for bankruptcy. The firm was to provide wholesale 4G service across the U.S. The notion failed to recognize that each of...
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First Solar, Inc. (NASDAQ: FSLR) is the king of U.S. solar companies. Despite a monstrous rally in the stock market year-to-date, First Solar shares hit a new 52-week low today. In fact, if you...
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When Solyndra filed for bankruptcy forcing US taxpayers to swallow a $500 million loss, the public outcry caused some real problems for the solar industry and its champion, the Obama administration....
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German solar panel maker Q-Cells SE, once the largest solar panel maker in the world, has said it will file for insolvency tomorrow following a failed attempt to restructure its debt. A court ruling...
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AMRAnother airline has filed Chapter 11. This time it is Pinnacle Airlines (NASDAQ: PNCL), a small U.S. carrier. The firm announced that it will continue to operate. Most airlines use the Chapter 11...
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In a “we versus them” speech today, President Obama again called for the end of subsidies for oil and gas companies. His speech talked about the global opportunities that the big oil companies...
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For the month of February, the percentage of single-family homes that were three or more months behind in payments fell to 3.57%, the first time since August 2011 that the month-to-month change has...
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The Bernie Madoff ponzi scheme may not be over, but the fight between the bankruptcy trustee Irving Picard and the owners of the New York Mets baseball team appears to be over. Fred Wilpon and...
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Eastman Kodak Co. (EKDKQ) is still trading as an equity despite its bankruptcy process. There remains a debate over whether or not the equity value will remain above the red-line or not, and...
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First Solar, Inc. (NASDAQ: FSLR) is getting crushed with an 9% loss in its stock this morning. The move is on the heels of earnings and a much lowered expectation for 2012 sales. The question to...
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Greece has all but formally defaulted on its debt if you remove the winks and nods from the ‘exceptions to the rules’ of what constitutes a default. Standard & Poor’s Ratings Services has...
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If you want to know about bizarre versions counterfeit, this one takes the cake. A report out of Switzerland note that Italian anti-Mafia prosecutors ordered a seizure in Switzerland of… get...
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AMREconomists have begun to voice concerns that the price of gasoline, which is usually high, could damage the U.S. recovery and make the recession in Europe worse. That is probably true. An...
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Energy Conversion Devices, Inc. (NASDAQ: ENER) has proven that penny stocks in trouble just cannot be trusted. The small solar player used to be close to $100 and then dropped, and drop, and kept...
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