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Stora Enso To Record Negative Non-Recurring Item Of $180 Mln In Q3 - Quick Facts
On September 7, 2011, NewPage voluntarily filed for Chapter 11 protection under the US Bankruptcy Code to reorganise its debt. When Stora Enso North America Inc or SENA was divested to NewPage, the Stevens Point Mill Paper Machine 35 lease obligation
Updated: 09/07/2011 08:59A
NewPage says it's talking with potential buyers
In a statement issued this morning, NewPage Port Hawkesbury Corp., which filed for bankruptcy protection Tuesday, says it hopes to sell the troubled mill while under court protection. The mill, located in Point Tupper, is scheduled to shut down
Updated: 09/07/2011 08:57A
Local paper producer seeks bankruptcy protection
Miami Twp.-based paper producer NewPage Corp. said today it and its corporate parent and subsidiaries are seeking Chapter 11 protection in a US bankruptcy court in Delaware.
Updated: 09/07/2011 08:56A
Europeans Fear Bank Failure May Spark Crisis
Europeans are concerned that the current debt crisis could lead to a major bank failure, like the one sparked by Lehman's bankruptcy in September 2008. The New York Times reported Wednesday there are growing questions about whether Europe's top banks
Updated: 09/07/2011 08:51A
Saab Auto files for protection from creditors
Swedish Automobile filed with the Vaenersborg District Court for bankruptcy protection on Tuesday in a bid to secure short-term stability while generating additional funding. Saab, which has been in vehicle manufacturing for 64 years,
Updated: 09/07/2011 08:46A
Stora Enso Will Record a Negative Non-Recurring Item of USD 180 Million
On 7 September 2011 NewPage voluntarily filed for Chapter 11 protection under the US Bankruptcy Code to reorganise its debt. When Stora Enso North America, Inc (SENA) was divested to NewPage, the Stevens Point Mill Paper Machine (PM) 35 lease
Updated: 09/07/2011 08:44A
Saab seeks protection from creditors
Saab Automobile has applied for protection from creditors in an effort to stave off a bankruptcy petition by unions, Bloomberg reports. This is the second voluntary restructuring in as many years for the 64-year-old Swedish carmaker.
Updated: 09/07/2011 08:37A
Will American Airlines crashland like GM or takeoff like Ford (AMR, GM, XRX
American Airlines (NYSE: AMR) could be a small cap stock that pulls out of its nosedive like Ford (NYSE: F) and Xerox (NYSE: XRX) or one that contines to plummet into a bankruptcy crash landing, like General Motors (NYSE: GM) or WInn
Updated: 09/07/2011 08:36A
Saab files for bankruptcy, makes last stand
The owner of Saab filed for bankruptcy protection today in a last-ditch attempt to save the brand. Saab has been virtually shut down since April and wasn't able to pay its employees their August wages last week. Swedish Automobile, formerly Spyker Cars
Updated: 09/07/2011 08:36A
Owner of Saab files for bankruptcy protection
By: AP STOCKHOLM — The owner of cash-strapped car maker Saab filed for bankruptcy protection today in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary payments and mounting debt. Swedish Automobile, formerly
Updated: 09/07/2011 08:32A
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