Bankruptcy

Puerto Rico

Puerto Rico’s Chances of Bankruptcy Look Weak to Credit Suisse

The United States may have a problem closer to home than Greece. Puerto Rico just made debt payments that were previously under question. Many investors worry about the fallout's impact ...
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RadioShack Speaker Wall

Who Still Lends Money to RadioShack?

RadioShack is dead. Or is it? News came out on Monday that General Wireless Operations Inc., which operates as RadioShack, completed a new financing pact that came to a total ...
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Molycorp Mountain Pass Mine

Molycorp Files for Chapter 11, Delisted From NYSE

When Molycorp (MCPIQ) held its initial public offering in July of 2010, the company priced the shares at $13.25, below the IPO range of $15 to $17 that the company ...
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Money background. Close-up.

Will Molycorp Shareholders Get Totally Wiped Out in Bankruptcy?

Molycorp Inc. (NYSE: MCP) may soon join the endless number of public companies that have filed for bankruptcy protection. There have been countless warnings about this U.S.-based leader in rare ...
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solar panels

Is Yingli Solar About to Implode?

In its annual Form 20-F filing with the U.S. Securities and Exchange Commission (SEC) last Friday, Chinese solar PV maker Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) said, “There ...
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Sprint_shop

Sprint Opens 1,435 Co-Branded RadioShack Stores

Wireless carrier Sprint Corp. (NYSE: S) more than doubled its retail footprint Saturday with the opening of 1,435 Sprint-RadioShack co-branded stores. Not all the RadioShack locations will sport the new ...
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mining

Does Banker Lawsuit Put Cliffs at Further Risk?

It has all been downhill for Cliffs Natural Resources Inc. (NYSE: CLF), ever since last fall when it lost in its Bloom Lake arbitrage. Following this, the company was at ...
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80s tv set graphic

Aereo Has a Future — With TiVo

Aereo was a gallant effort that aimed to change the world of broadcast television as we know it. Still, it failed. But after bankruptcy there is often life after death. ...
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Are RadioShack Investors Just Refusing to Accept Their Fate?

It takes a very brave speculator, or a really stupid one, to invest in a delisted stock of a bankrupt company. Investors in the delisted RadioShack stock apparently just refuse ...
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121104064

10 Retailers Closing the Most Stores

With the growth of e-commerce still outpacing the overall growth of retail sales, retailers are continuing to close brick-and-mortar outlets. While total U.S. retail sales grew 3.7% in the ...
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Financial Security Hits All-Time High, While Many Still Struggle With Debt

There is some mixed news today on the state of the average American’s financial situation. Some might say this is a glass half-full versus half-empty argument. Most Americans have solid emergency ...
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RadioShack Speaker Wall

Sprint Gets to Double Its Store Count in RadioShack Bankruptcy Deal

It is finally official. RadioShack has filed for bankruptcy. This may be a sad day in retail, but if you have been a reader of 24/7 Wall St. for very ...
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NYSE Suspends RadioShack Trading, Who Will Buy Its Locations?

As bond holders and investment bankers pick over the bones of RadioShack, the company has received one last insult. The decades-old retailer, once on the foundations of consumer electronics retail, ...
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RadioShack Logo

The End May Be in Sight for RadioShack

RadioShack Corp. (NYSE: RSH) is reportedly in discussions with Sprint Corp. (NYSE: S) about a bankruptcy deal that would have Sprint acquire about half of RadioShack’s store leases. The rest ...
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Crumbling Greek flag with euro

Politics and Uncertainty Take NBG Under $1 and Pound the Greek ETF

There is yet one more bit of evidence that financial markets and investors do not like socialist regimes and the chance of defaults. The leftist Syriza Party won Greece's most ...
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