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Eastman Kodak Denies Bankruptcy Rumors
Eastman Kodak Company (NYSE:EK), well known for its imaging products, imaging services, technology and services has recently announced its plans to borrow around $ 160 million for corporate purposes as it explores various opportunities to transform
Updated: 10/03/2011 03:44P

Former Borders customers warned personal data will be sold
Attorney General Martha Coakley says Borders is planning to sell 45 million of its former customers' personal information to Barnes & Noble as part of its bankruptcy plan. Information customers shared with the Borders website, including name, address,
Updated: 10/03/2011 03:44P

American Airlines Stock Plunges On Renewed Bankruptcy Fears
NEW YORK (AP) - The stock of American Airlines' parent company plunged to lows not seen since 2003 on new fears that the carrier was headed for bankruptcy protection. The stock dropped on a combination of news and speculation by Wall Street analysts
Updated: 10/03/2011 03:42P

American Airlines dives on bankruptcy fears
Fears that the holding company for American Airlines, the fourth-biggest US carrier by passenger miles, will file for bankruptcy sent shares in AMR Corporation tumbling as much as 35 per cent on Monday. Management at Fort Worth-based AMR,
Updated: 10/03/2011 03:41P

The Roller Coaster Ride Continues for Madoff Investors
Judge Rakoff ruled that Mr. Picard could only seek to reclaim profits withdrawn for the two years before Mr. Madoff's firm was forced into bankruptcy rather than the full six years otherwise provided by federal bankruptcy law. In addition, he concluded
Updated: 10/03/2011 03:40P

Dodgers want to be allowed to gather evidence
(AP) -- The Los Angeles Dodgers asked a Delaware bankruptcy judge on Monday for permission to gather evidence on how Major League Baseball has dealt with other teams as lawyers for the Dodgers and the league prepare for a court showdown that will
Updated: 10/03/2011 03:40P

Rudins Close on Purchase of St. Vincent's Campus
The hospital, which long struggled financially, twice filed for bankruptcy before finally closing last year. The Rudins are still in the process of gaining approval from city regulators for their plan. In addition to the medical complex, the developers
Updated: 10/03/2011 03:39P

Bankruptcy Filing Wouldn't Surprise Kodak's Hometown
And if Kodak did, in fact, file for bankruptcy protection, many of the remaining jobs would also go away...and won't come back. "These are skilled jobs, where you can't just look in the yellow pages and find a replacement job," said Drew Meyers,
Updated: 10/03/2011 03:35P

The rise and fall of Kodak: By the numbers
Photo: Henry Diltz/CORBIS Eastman Kodak, the legendary American film and camera company that's struggled to adapt to the digital age, is teetering on the edge of bankruptcy. Though the company insists it has no intentions to file for bankruptcy
Updated: 10/03/2011 03:35P

Solyndra warnings were debated by White House, memos show
Photograph: Paul Chinn/AP The White House and congressional Democrats have released new internal documents that they say show top officials were aware and concerned about the financial stability of Solyndra well before the company filed for bankruptcy.
Updated: 10/03/2011 03:33P

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