Bankruptcy
Bankruptcy Articles
AMR Corporation (NYSE: AMR) is in trouble. That is at least what the rumor mill is trying to signal. What may seem like aggressive reporting over the weekend has added fuel to the fire of the...
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European stocks are leading the markets this morning and the direction is lower. Greece projected that 2012 deficits will be above plan and the nation has effectively admitted that it will not meet...
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In the world of poor leadership and strategy, you have to love the irony that exists in the world of international finance on the last day of the quarter. The top headline from Yahoo! Finance is...
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Eastman Kodak (NYSE: EK) drew $160 million from its revolving credit line, a signal that the company’s viability is at risk. In an 8K filing with the SEC, the firm stated, “On September 23, 2011,...
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National Bank of Greece SA (NYSE: NBG) is trading lower this morning with Europe after news that Moody’s has downgraded 8 Greek banks to ‘Caa2’ from ‘B3’ in a fresh outlook in Greece. ...
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Bank of America Corporation (NYSE: BAC) has been no stranger to troubles nor any stranger to controversies. It is now looking to be no stranger to credit rating downgrades. Moody’s has...
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The Census Bureau is out with the 2010 figures on income, poverty, and health insurance. About all you can hope for is that 2011 is magically better than 2010 because many of the figures are...
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The month of August was hard on US solar makers. Evergreen Solar closed its doors a few weeks ago, followed by privately held and Intel Corp.-supported (NASDAQ: INTC) SpectraWatt, Inc. a few days...
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J.P. Morgan Chase & Co. (NYSE: JPM) is the highest credit quality of the money center banks in America. Bank of America Corporation (NYSE: BAC) is not. Far from it. You have seen the...
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Sometimes having the first-mover advantage doesn’t pay off. If Evergreen Solar, Inc. (NASDAQ: ESLR) was not the first pure-play solar stock in America, it was among the first. Now it is filing...
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Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation that the bank is considering...
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If you know one thing about the meltdown that took place in 2008 and then again in 2009, you know that rumor mongering exacerbated the situation massively. To say whether or not Bear Stearns or...
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Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak...
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Dick Bove of Rochdale Securities spoke out this morning on CNBC saying that the “AAA” rating should not even apply to the U.S. when you include the $14.4 trillion that will grow to about $20...
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Blockbuster Inc. (BLOAQ.PK) is trading at price levels not seen since early spring, as traders responded enthusiastically to a published report that new owner, Dish Network Corp. (NASDAQ: DISH), has...
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