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Posts related to ‘Bankruptcy’

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From Impossible to Unexpected: Ambac Exits Bankruptcy

Ambac Financial Group, Inc. (OTCMarkets: ABKFQ) is about to do what many investors would have considered to be impossible. The public finance guarantor is set to exit bankruptcy. While new ...
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The American Retirement Asset Crisis Is Upon Us

A fresh report from the Employee Benefit Research Institute is signaling that most Americans are going to be retiring with nowhere close to having enough assets and savings for retirement. ...
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Avalon and Equity Residential Snatch Up Archstone, Creating Super-REITs

Equity Residential (NYSE: EQR) and Avalonbay Communities Inc. (NYSE: AVB) are acquiring  Archstone Enterprises LP. This deal is for the portfolio of apartment properties under Lehman Brothers Holdings Inc. Today's ...
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Investor Caution: Indentifying the Next Penny Stocks (AMD, ALU, GERN, MTG, OCZ, OSG, RSH, RAD)

Some companies are in real trouble. Some are under severe industry pressure, and some are just faltering due to missteps and bad luck. With the economy remaining weak and with ...
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Today’s Market Winners and Losers

The stock market is mixed Monday, with the Dow Jones Industrial Average down 0.04%, The Nasdaq up 0.24% and the S&P 500 up 0.05%. Today's sole winner is a coal ...
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BofA and the Lesson of Assets Sales (BAC, AIG, XLF, FAS)

Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation ...
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American Superconductor Restatement Highlights The Woes In Solar Sector (AMSC, ESLR, SOLR, SOL, TAN)

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 ...
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Icahn Bargain-Hunting for Dynegy (DYN, IEP, BX, NRG)

When Dynegy Inc. (NYSE: DYN) reported earnings, or rather, losses, yesterday, the company also included the dreaded "going concern" statement telling investors that unless the company could restructure its debt, ...
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Dynegy Struggling to Remain a Going Concern (DYN, IEP)

After failing to pull the trigger on two buyout offers, Dynegy Corp. (NYSE: DYN) stated in its 10-K filing yesterday that it still has plenty of problems: "Our accompanying consolidated ...
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Bye, Bye Blockbuster; It Was Fun While It Lasted

Blockbuster Inc. is going bust. The struggling movie rental outfit is set to file for Chapter 11 bankruptcy tomorrow and receive $125 million in debtor-in-possession financing to forestall the inevitable ...
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