Bankruptcy
Bankruptcy Articles
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. Reuters: China’s...
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If you have watched Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE), you know what has gone on. These are technically Federal National Mortgage Association (NYSE: FNM) and Federal Home Loan...
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The new UK Prime Minister David Cameron told Canadian broadcaster CBC, “It is … in all our long-term interests that there is some clarity, some finality, to all of this, so that we don’t at...
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Many traders and investors love the active penny-stocks and low-priced stocks. And betting against low-priced shares is something that expert short sellers frequently do. The short selling from...
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The day has come for Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM). Freddie Mac has notified the New York Stock Exchange of its intent to delist its common stock from NYSE trading. It is...
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Spirit Airlines is currently closed down due to a strike by its pilots. The carrier announced today that the shutdown will continue at least through Thursday. The work stoppage could go on much...
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YRC Worldwide Inc. (NASDAQ: YRCW) is seeing much trading interest this morning after it confirmed prior expectations that the company will see positive adjusted EBITDA on a consolidated basis and...
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Ambac Financial Group, Inc. (NYSE: ABK) was trying to have a good day yesterday, but it is one of those companies where almost all good news is met by more selling. The news yesterday that helped...
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Depending on how you look at it, the latest news on consumer bankruptcy filings means things are getting a bit better or they’re getting a bit worse. According to the American Bankruptcy Institute,...
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When Blockbuster Inc. (NYSE:BBI) filed its 2009 annual report in March, it included the dreaded “going concern” sentence, indicating that it needed to boost its operating income and restructure...
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Maybe you remember the “Bear Market Financial Terms”… If you are getting as sick of the daily financial news out of Greece and its financial games as we are, here are some new Greek Financial...
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How much does it cost to clean up the Lehman Bros. bankruptcy mess? Hundreds of millions of dollars, apparently. The firm that provides the liquidation service for the court, Alvarez & Marsal,...
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Imagine the government and taxpayers finally being out of AIG… Who doesn’t love to hate AIG? The financial crisis and the bailouts might have been much different had American International...
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In our daily stock and market rumors wrap up each morning, an interesting issue stood out this morning. Zale Corporation (NYSE: ZLC) may be in play. This is a continuation of other rumors about...
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This weekend’s roster of the Unusual Suspects has far fewer earnings previews due to the notion that earnings season is over and we are already getting ready for another earnings season. But...
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