Bankruptcy
Bankruptcy Articles
Bank of America Corporation (NYSE: BAC) has rapidly turned into a runaway train. The latest suit from American International Group, Inc. (NYSE: AIG) for $10 billion for its massive mortgage fraud...
Published:
Last Updated:
The Bank of Ireland (NYSE: IRE) is likely going to go private. U.S.-based WL Ross, a private equity firm, and Canada’s Fairfax Financial Holdings are each taking a stake in the bank of 9% after...
Published:
Sometimes a death of a brand can take quite a bit longer than many might expect. Borders Group was one of our brands to disappear picks in late-2010 despite a broad and obvious economic recovery. ...
Published:
Last Updated:
MGIC Investment Corporation (NYSE: MTG) is one of the troubled mortgage insurers which we routinely worry about for both viability and relevance. This morning’s earnings report does nothing to...
Published:
The European Banking Authority has published the results of its 2011 stress test of 90 banks in 21 countries in the Euro-area. While the aim is “to assess the resilience of the banks involved in...
Published:
Last Updated:
You just have to love the new round of stress tests in the European Union being conducted on banks. Maybe this headline of “Groundhog Day Meets Spanish Inquisition” seems full of pun, but that...
Published:
Today is not a good-news day in the alternative energy sector. American Superconductor Corp. (NASDAQ: AMSC) has said that it will restate revenues for the last two calendar quarters of 2010,...
Published:
Last Updated:
YRC Worldwide Inc. (NASDAQ: YRCW) appears to have gotten yet one more lifeline, one which continues to dilute and dilute by the looks of it. This troubled trucking company has endured possible...
Published:
If you are surprised about the newest crash scenario boiling up outside of Greece, this is something we have been covering routinely. While the beastly pace is surprising, how big of a surprise is...
Published:
Greece saved itself with its latest austerity measures. For a few months, maybe. If you have read about Greece’s woes and read about the bailout and rescue process, the real implication is that...
Published:
Last Updated:
Norway’s entry in the electric vehicle (EV) sweepstakes, Think (or sometimes, Th!nk) has filed for bankruptcy because the company has been unable to find long-term financing. The company, once...
Published:
Ally Financial Inc. has filed a second amendment to its S-1 filing as a mark that its IPO is likely closer rather than farther away. The company’s stock will be listed on the NYSE under the...
Published:
The big Greek rumors are already being refuted today, but it doesn’t matter. Friday’s big rumor is that Greece will leave the Eurozone. Our prediction: this rumor is not true now, but on a...
Published:
Last Updated:
Nortel Networks Corporation (NRTLQ) was one of our Unusual Suspects this weekend for issues to watch this week. The death of Nortel has been years in the making and this company became one of the...
Published:
Last Updated:
This last week marked another solid week for investors and many stocks were on the move. We have compiled a list of stocks we are looking for event-driven trading moves in the coming week that are...
Published:
Last Updated: