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Nov 21, 2009 (The Honolulu Advertiser - A private equity firm that controls some of Hawai'i top hotels will become a shareholder in Hawaiian Telcom Inc. Cerberus Capital Management LP on Tuesday filed papers in U.S. Bankruptcy...
New Delhi: Mukesh Ambani-run Reliance Industries has offered more than USD 12 billion in cash to acquire a majority stake in bankrupt international petrochemical group LyondellBasell Industries. Both Reliance and LyondellBasell...
finance professor Edward Altman created the Z-Score, a formula for predicting the likelihood a company would go bankrupt within two years. Almost 40 years later, former fund manager Peter Temple dragged out the formula in his...
General Motors, its river of red ink stemmed by a trip through bankruptcy court, reported a narrower quarterly loss and said it would start repaying billions of dollars in government loans that helped keep it alive.
MANCHESTER - State officials went to federal court yesterday to force into bankruptcy two troubled Meredith financial firms, claiming that sole shareholders Scott Farah of Financial Resources and Donald Dodge of C L and M have...
A federal bankruptcy judge has extended at least until the end of January the period during which the owners of the Daily News, Inquirer and Philly.com have the exclusive right to propose a reorganization plan for the company.
More AIG Controversy: Maiden Lane III As everyone knows by now, Neil Barofsky, special inspector general for TARP, has a new report out on the decision by the Federal Reserve Bank of New York last Fall to make various AIG...
Published: Friday, 20 Nov 2009 | 7:22 PM ET Investors who want to speculate on the economy’s recovery, Cramer said during Friday’s Mad Money, should consider buying Lear. While many auto suppliers took on heavy debt loads to...
By: Rich Bergeron Fittingly, it was a powerful union (The Teamsters) that is credited with making Vegas what it is today, and now another union (Culinary Workers Union Local 226) is trying to set the record straight about the...
Stop giving the Fed chairman such a hard time, he prevented more bankruptcies than we'll ever know. Complaints about the Federal Reserve come from every corner. Cable pundits worry about inflation and the falling dollar. Asian...
