Bankruptcy

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 ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
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. ...
Read Full Story »
72991313

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 ...
Read Full Story »
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 ...
Read Full Story »
135093244

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 ...
Read Full Story »
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 ...
Read Full Story »
493567327

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, ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
Life Ring

Is a Bloom Lake Restructuring Good or Bad for Cliffs?

Cliffs Natural Resources Inc. (NYSE: CLF) announced that it, Bloom Lake General Partner Ltd., as well as some affiliates had commenced restructuring proceedings in Canada under the Companies’ Creditors Arrangement ...
Read Full Story »
Bankruptcy

RadioShack Stock Moves Toward Zero

Some investors bought shares of RadioShack Corp. (NYSE: RSH) at a 52-week high of $2.79. Others bought shares at $4.14 in May 2013. All those investors, and almost any others ...
Read Full Story »
Manufacturing

American Apparel Cuts Factory Hours

According to a report in the New York Post, American Apparel Inc. (NYSEMKT: APP) has sharply reduced the time that its factories are open. The action is a sign of ...
Read Full Story »
200325572-001

Caesars Merger Precedes Chapter 11 Filing

Struggling casino owner Caesars Entertainment Corp. (NASDAQ: CZR) announced Monday morning that it is merging with asset acquisition company Caesars Acquisition Co. (NASDAQ: CACQ). The merger is an all-stock transaction ...
Read Full Story »