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Posts related to ‘Bankruptcy’

At All-Time Lows… Can First Solar Manage To Avoid Death? (FSLR, TAN, PBW, SPWR, WFR)

First Solar, Inc. (NASDAQ: FSLR) is the king of U.S. solar companies.  Despite a monstrous rally in the stock market year-to-date, First Solar shares hit a new 52-week low today.  In ...
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And Everyone Thought Solyndra Was Bad News …

When Solyndra filed for bankruptcy forcing US taxpayers to swallow a $500 million loss, the public outcry caused some real problems for the solar industry and its champion, the Obama ...
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German Solar Maker to File for Bankruptcy

German solar panel maker Q-Cells SE, once the largest solar panel maker in the world, has said it will file for insolvency tomorrow following a failed attempt to restructure its ...
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Pinnacle Chapter 11

Another airline has filed Chapter 11. This time it is Pinnacle Airlines (NASDAQ: PNCL), a small U.S. carrier. The firm announced that it will continue to operate. Most airlines use ...
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Obama Speech Attacks Oil & Gas Subsidies (XOM, VLO, CHK, FSLR, USO)

In a "we versus them" speech today, President Obama again called for the end of subsidies for oil and gas companies.  His speech talked about the global opportunities that the ...
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Freddie Mac Reports Single-Family Delinquency Rate Falls

For the month of February, the percentage of single-family homes that were three or more months behind in payments fell to 3.57%, the first time since August 2011 that the ...
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Settlement: Madoff Trustee Vs. Mets

The Bernie Madoff ponzi scheme may not be over, but the fight between the bankruptcy trustee Irving Picard and the owners of the New York Mets baseball team appears to be over.  ...
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Does Kodak Equity Have Any Value? (EKDKQ, SFLY)

Eastman Kodak Co. (EKDKQ) is still trading as an equity despite its bankruptcy process.  There remains a debate over whether or not the equity value will remain above the red-line ...
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Will Taxpayers Get Burned By First Solar? (FSLR, TAN, PBW)

First Solar, Inc. (NASDAQ: FSLR) is getting crushed with an 9% loss in its stock this morning.  The move is on the heels of earnings and a much lowered expectation ...
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S&P Cuts Greece to ‘Selective Default’ (NBG)

Greece has all but formally defaulted on its debt if you remove the winks and nods from the 'exceptions to the rules' of what constitutes a default.  Standard & Poor's ...
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Economy Killer: $6 Trillion In Fake Treasury Bonds? Gold Next?

If you want to know about bizarre versions counterfeit, this one takes the cake.  A report out of Switzerland note that Italian anti-Mafia prosecutors ordered a seizure in Switzerland of... get this.. ...
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Gas Prices and the Global Airlines Industry

Economists have begun to voice concerns that the price of gasoline, which is usually high, could damage the U.S. recovery and make the recession in Europe worse. That is probably true. ...
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Energy Conversion Devices Bankruptcy… Energy Suppression (ENER, TAN)

Energy Conversion Devices, Inc. (NASDAQ: ENER) has proven that penny stocks in trouble just cannot be trusted.  The small solar player used to be close to $100 and then dropped, ...
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Meet the New Scaled Down Eastman Kodak (EKDKQ)

Eastman Kodak Company (EKDKQ) is showing the 'in with the new' model it wants to operate in.  Frankly, this implosion as a future turnaround just doesn't seem much better in ...
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Political Fodder… Private Equity Firms Are Hiring!

Private equity firms are bad and evil because they fire workers to juice profits for billionaires who get to pay low tax rates!  Is that the right logic?  What if ...
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