Bankruptcy - Page 2

11 Largest Bankruptcies of All Time

Northern California natural gas and electricity provider PG&E Corp. (NYSE: PCG) recently announced its intention to file for bankruptcy protection under Chapter 11 of the U.S. bankruptcy code. If that ...
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Gymboree Latest Retailer to Go Bankrupt

Children's clothing company Gymboree Group Inc will follow several other retailers into Chapter 11, just as Sears decides whether to liquidate its inventory and shutter altogether. It would be the ...
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PG&E Chaos: CEO Departs, Bankruptcy Looms, Tens of Billions in Liabilities

On November 8, the same day that the worst wildfire in California history broke out in Butte County, about 150 miles northeast of San Francisco, northern California utility PG&E Corp. ...
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Will Sears Survive This Bankruptcy?

Sears finds itself under the gun yet again as bankruptcy fears seem to be taking over. While the firm has gone nowhere but down in recent memory, bankruptcy appears all ...
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9 Stocks That Show Their Companies Are in Deep Trouble

Stock prices usually are considered a proxy for a company’s future. This is particularly true for public corporations that trade large numbers of shares a day. The movement in a ...
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What a PG&E Bankruptcy Would Mean

On November 8, shares of PG&E Corp. (NYSE: PCG) closed near $49. A week later the closed at just over $17. What happened in between may lead the largest gas ...
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6 Most Important Things in Business Today

Auto executive Carlos Ghosn was arrested in Japan for a second time. According to Reuters: Japanese prosecutors arrested Nissan Motor Co Ltd’s ousted chairman Carlos Ghosn again on Friday on ...
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Former CEO Lampert Bids $4.6 Billion for Sears

In a Thursday filing with the U.S. Securities and Exchange Commission, former Sears Holdings Corp. CEO Eddie Lampert's hedge fund, ESL Investments, along with other ownership entities, outlined an "indication ...
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6 Most Important Things in Business Today

T-Mobile US Inc. (NASDAQ: TMUS) said its transaction to buy Sprint Corp. (NYSE: S) may be finished in a few months. According to Reuters: T-Mobile US Inc could close its ...
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6 Most Important Things in Business Today

Snap Inc. (NYSE: SNAP) is being investigated about some of its IPO claims. According to Reuters: The U.S. Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc for ...
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6 Most Important Things in Business Today: Go Vote

Amazon.com Inc. (NASDAQ: AMZN) may divide its second headquarters between two cities. According to Reuters: Amazon.com Inc is planning to split its second headquarters evenly between two cities, people familiar ...
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Lampert Seeks Help for Loan to Sears: Reuters

Sears Holdings Corp. (NASDAQ: SHLD) Chair Eddie Lampert is holding discussions with investment firm Cyrus Capital Partners regarding funding a portion of a $300 million loan to keep some Sears ...
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6 Most Important Things in Business Today

Retailer Nine West has filed for bankruptcy. According to Reuters: U.S. footwear and apparel company Nine West Holdings Inc filed an amended Chapter 11 bankruptcy plan that will reduce its ...
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Sears Wants to Cut Its Way to Profitability

There is an old saying in business: "You cannot cut your way to profitability." The recent plan for Sears to survive is based on just that. Growth is not important. ...
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6 Most Important Things in Business Today: Google Looks Toward China

A co-founder of Microsoft Corp. (NASDAQ: MSFT) has died. According to Reuters: Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to ...
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