Bankruptcy

RadioShack Speaker Wall

How RadioShack Could Lose 90% of Its Value This Year

RadioShack Corp.'s (NYSE: RSH) shares traded at $0.33 Wednesday, down from a 52-week high of $2.79. One more tiny slip by management, lower same-store sales or ongoing fighting with its ...
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RadioShack Still Looking for Cash

In a filing with the U.S. Securities and Exchange Commission (SEC) Tuesday morning, RadioShack Corp. (NYSE: RSH) said it has signed an agreement with FTI Consulting for “advisory and interim ...
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RadioShack Speaker Wall

RadioShack’s Stock Price Races Toward $0

RadioShack Corp. (NYSE: RSH) is at odds with its lenders again. The battle is over whether the retailer can close 1,100 locations, among other things. The loans involved are the ...
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Would Casinos Really Make Good REITs?

Caesars Entertainment Corp. (NASDAQ: CZR) shares have responded favorably to news that the company presented a plan to creditors that would restructure the company into a real estate investment trust ...
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gavel

Could Takata Go Bankrupt?

Takata faces huge fines, and almost certainly lawsuits (which have already begun), over its defective airbags. Some experts believe that the Japanese company was not forthcoming about the technical failure ...
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Biofuel Cans

Ethanol Maker KiOR Files for Bankruptcy

In a move that should have surprised no one, cellulosic ethanol maker KiOR on Sunday filed for Chapter 11 bankruptcy protection. According to the filing, KiOR will seek approval from ...
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The Shame and Lessons of a Dendreon Bankruptcy

Dendreon Corp. (NASDAQ: DNDN) has committed the ultimate sin by filing for bankruptcy protection. This should not be a total surprise as it was in August that we warned that ...
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Plan to Buy 6,000 Homes in Detroit Gets Killed

Among the most ambition plans to repair, in modest part, the cratered housing market in Detroit was a deal to buy 6,365 badly damaged homes all at once. The transaction has ...
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foreclosure notice

Could Backdating Foreclosure Letters Kill Ocwen? (Updated)

Ocwen Financial Corp. (NYSE: OCN) could be facing a massive legal and PR nightmare. If you do not believe there are now serious risks to the company, ask yourself what ...
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Bankruptcy

The 10 Biggest Energy Company Bankruptcies

By Andrew Topf of Oilprice.com Running a multi-billion dollar energy company isn't easy. Just ask the executives in the corner suites of some of the energy companies that have gone ...
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RadioShack Long-Term Problems Kill Financing Optimism

Last Thursday, RadioShack Corp. (NYSE: RSH) reached an agreement with a group of lenders led by hedge fund Standard General to refinance some $590 million in RadioShack debt, giving the ...
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Stock Split Image

Bankruptcy Filing Surprise From GT Advanced Technologies (Update)

GT Advanced Technologies Inc. (NASDAQ: GTAT) has made a surprising announcement, a move that will have certainly caught many shareholders off guard. The company announced Monday morning that it and ...
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Can RadioShack Close 1,000 Stores?

Part of a plan to help reverse the almost irreversible slide of RadioShack Corp. (NYSE: RSH) was to close 1,100 stores. Lenders killed the idea in May, leaving the company ...
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RadioShack Gets a Lifeline

Late Thursday night, Bloomberg reported that RadioShack Corp. (NYSE: RSH) had reached an agreement with a group of lenders led by hedge fund Standard General to refinance some $590 million ...
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Sears_Hometown_Store

Can Sears Close 2,300 Stores?

In a widely publicized note to investors, Gary Balter of Credit Suisse said that it is best that Sears Holdings Corp. (NASDAQ: SHLD) close its Sears and Kmart locations while they, ...
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