Bankruptcy
Bankruptcy Articles
Eastman Kodak’s (NYSE: EK) board of directors has been invisible as the company first intimated it would not need new funds, and then a short time later said it had potential cash problems. The...
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Filene’s Basement and parent company Syms declared bankruptcy recently. The situation is so grim that Syms will shutter all 46 locations, and 2,500 employees will lose their jobs. The company,...
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The markets have a “shoot first and ask questions later” mentality that is not really working too well for Jefferies Group, Inc. (NYSE: JEF) right now. After the MF Global implosion, investors...
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There is some food for thought in the world of alternative energy against the hatred of banks. It is a very painful observation, but it is turning out to be that the government may have done far...
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MF Global Holdings (NYSE: MF) became the first U.S. casualty of the European sovereign debt crisis, filing for Chapter 11 bankruptcy on Monday. Chairman and chief executive Jon Corzine has yet to...
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Alternative energy stocks continue on their path of self-destruction. The government has been handing over taxpayer cash in droves to help fund alternative energy companies. Now what we are...
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MF Global Holdings Ltd. (NYSE: MF) has been halted pending news this Monday. Workers may be allowed into the offices, but the firm is being cut off from transacting business. The company issued a...
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To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year. The commodities and derivatives broker has reportedly been caught on the wrong side of trades...
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Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters)...
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AMR Corporation (NYSE: AMR) was halted, but not for ‘News Pending’ as you often see. This morning’s halt was after a single circuit-breaker was triggered. No news has been issued by the...
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There are two financial issues in America that have been developing simultaneously: many borrowers have been locked out from the ability to access capital, and investors can no longer rely on bonds...
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Sprint-Nextel (NYSE: S) does not deserve the money it soon will request from Wall St. The company caused consternation among investors last week when its management said the firm would need more...
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AMR Corporation (NYSE: AMR) is a company we noted earlier this week which might have been the victim of overly aggressive reporting that turned into bankruptcy rumors. It is rare that news reports...
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It is more tiring each day to consider how much Europe has the world by the throat. Everyone in the U.S. is looking for a flash point, or a flushing sound, or something that signals the beginning...
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Some companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But that did not stop the...
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