Bankruptcy
Bankruptcy Articles
Reports have been circulating since late yesterday that Blockbuster Inc. (Pink Sheets: BLOAQ) has put itself up for sale rather than trying to emerge as a new operating company that can healthily...
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Allied Irish Banks plc (NYSE: AIB) and The Bank of Ireland (NYSE: IRE) are both suffering today. News is out that Ireland’s Finance Minister has postponed making more capital injections into...
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American International Group, Inc. (NYSE: AIG) has run into a snag on its giant secondary offering. The troubled insurance giant that nearly took down the financial system before being bailed out...
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Media reports questioning whether the United States will keep its “Triple-A Rating” in the future are frequent. The fear of endless budget deficit spending and quantitative easing have only...
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Allied Irish Banks, p.l.c. (NYSE: AIB) has been in trouble from top to bottom from the financial crisis. Things have become dire enough that now the bank has listing issues. The bank noted today...
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Corporate turnarounds are almost never engineered by a single person. A CEO who takes a failing company and makes it successful again obviously got help from management, a board, along with customers...
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Standard & Poor’s is at it again, with late debt rating cuts. This is actually in the Irish banking sector rather than in the sovereign ratings. As this is too little too late, we are only...
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Companies locked in a struggle to remain viable and maintain their profits and sales sometimes begin to run out of customers. This happened to GM (NYSE: GM), which had a 50% share of domestic car...
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BankUnited, Inc. (NYSE: BKU) is coming public again today, for the second time. The bank you used to know as “BKUNA” is now “BKU” and is far more healthy and more focused. The...
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The slate of 2011 initial public offerings is about to kick off into gear. We have three top IPOs we will be closely watching this week. In internet publishing we have a controversial offering...
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When a former adviser to President Bill Clinton was asked what he wanted to be re-incarnated as, he answered, “The bond market. Everybody’s scared of the bond market.” If he was right, then the...
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We examined nine companies whose plans to revive their fortunes have not succeeded and found several common themes. Managements often fail to appreciate the size of the challenges they face. ...
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Bank of America Corporation (NYSE: BAC) was just listed this morning as one of the six DJIA components with the most implied upside in 2011 this morning, and part of that is already being realized on...
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American International Group Inc. (NYSE: AIG) keeps seeing Fairholme Capital Management, L.L.C. and Bruce Berkowitz take a larger stake in the company. AIG shares hit a new 52-week high just last...
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Better economies do not always help all players. The grocery business is already one which operates on razor-thin margins, so any hiccup can cause great pain for investors in the food segment of...
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