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Posts related to ‘Bankruptcy’

Bracing For The Euro Without Greece… Other PIIGS Too (EWG, EWQ, FXE, EWI, IRE, IRL, NBG, GREK, EWP, STD, BBVA, VGK, FEZ)

Posted: May 23, 2012 at 12:20 pm

So much for any great help from the ECB, France, Germany, and any other entity being able to help the Euro stay together.  Rumors have been out that nations have ...
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Kodak Loses Patent Decision — What’s the Company Worth Now? (EKDKQ, AAPL, RIMM, SSNLF)

Posted: May 21, 2012 at 2:39 pm

A ruling by a US International Trade Commission judge has declared a patent claimed by Eastman Kodak (OTC: EKDKQ) to be invalid, casting even more doubt on the value of ...
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Are Bank Guarantees Coming For Europe? (NBG, IRE, STD, BBVA, DB, BCS, UBS)

Posted: May 21, 2012 at 2:30 pm

It is never a good thing to see a run on the banks.  That is what the fears were recently indicating in Greece.  The problem is that Spain is a ...
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Micron Gets Pushback on Deal for Elpida

Posted: May 21, 2012 at 8:53 am

Earlier this month Micron Technology Inc. (NASDAQ: MU) was named the top bidder in the auction for bankrupt Japanese DRAM maker Elpida Memory. Now, it seems that some creditors think ...
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ECB ‘Actions’ & Threat Of Run On The Banks (NBG, GREK, CCH, IRE, STD, BBVA)

Posted: May 16, 2012 at 11:43 am

The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit ...
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Can Greek Banks Survive A Euro Exit? Which PIIGS Are Next?

Posted: May 15, 2012 at 4:01 pm

The Europeans need to make a decision soon.  It is time to deal with Greece, then the markets can decide how they will deal with the Greek banking system.  The ...
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LightSquared Bankruptcy, Another One Bites The Dust

Posted: May 14, 2012 at 3:12 pm

After the notion surfaced that LightSquared's open wireless broadband network may interfere with global positioning systems, it seemed like nothing could save LightSquared.  There was also the thought that revenues ...
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Almost Nothing Can Save Nokia, Except Maybe Widespread Poverty

Posted: May 14, 2012 at 11:00 am

Nokia Corporation (NYSE: NOK) has been on a multiple-leg flight.  Destination: Hell.  Now it seems that any stop in Purgatory may be short-lived.  This downgrade may feel a bit late, ...
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Defending the Micron/Elpida Merger (MU)

Posted: May 8, 2012 at 9:15 am

Micron Technology Inc. (NASDAQ: MU) has seen a very muted reaction to its efforts to buy Elpida out of bankruptcy. Stern Agee has keyed in and reiterated a Buy rating ...
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BofA Starts More Mortgage Forgiveness Efforts, Sort Of (BAC)

Posted: May 8, 2012 at 8:00 am

Bank of America Corporation (NYSE: BAC) may be trying to move further and further past its mortgage exposure, but its Home Loans division is reaching out to customers who may ...
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Second Look: Is There Any Real Value Left In Savient? (SVNT, DNDN, SVNT)

Posted: May 2, 2012 at 1:31 pm

Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) already had problems before a fund called Tang Capital accused it of being insolvent this week.  Over the last year this stock has fallen down ...
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As Shutterfly Wins Kodak Gallery Purchase, It Thwarts Facebook-Instagram Fears (SFLY, EKDKQ)

Posted: April 25, 2012 at 3:50 pm

Shutterfly, Inc. (NASDAQ: SFLY) is suddenly back in favor.  Facebook's $1 billion gamble on Instagram for photo sharing did not flush out any new buyers to compete against Shutterfly for ...
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New Ponzi Scheme Targeted Church Congregations

Posted: April 12, 2012 at 12:06 pm

Bernie Madoff was the ultimate scum if you consider the size, time period and numbers of clients that his Ponzi scheme damaged.  It was billions of dollars lost.  There may ...
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Ally Financial Still Plans IPO

Posted: April 12, 2012 at 10:08 am

Ally Financial Inc. is still planning to conduct its initial public offering.  A fresh amended filing from this morning shows that Ally plans to sell up to $100 million in ...
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Falcone’s LightSquared May File for Bankruptcy

Posted: April 4, 2012 at 5:49 pm

LightSquared, one of the worst ideas in the history of technology, may file for bankruptcy. The firm was to provide wholesale 4G service across the U.S. The notion failed to recognize ...
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