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The AMR 'Bankruptcy Trade' Has Run Its Course For Now
As I explained October 4, AMR was a trade on bankruptcy panic where sellers dump shares first and ask questions later. I was slow on the trade and “only” managed a 12% gain on the trade. From the bottom to my selling point, AMR gained 57%.
Updated: 10/12/2011 02:49P
Tipton official pleased with solar plant progress
AP TIPTON, Ind. (AP) - A local official says a solar panel manufacturer planning a major factory in central Indiana has kept up its commitments even as some residents worry about its future after the high-profile bankruptcy of a competitor.
Updated: 10/12/2011 02:47P
Solar Scapegoat
That explains why they are scrambling to treat the bankruptcy of Solyndra Corporation, a former solar energy poster child of Obama's, as indicative of the entire industry. Ironically, many of these Republicans were for federal subsidies to solar energy
Updated: 10/12/2011 02:45P
Muni Bonds: Will New Worries Spread?
The decision yesterday by Harrisburg, Pa., city officials to file for bankruptcy raises a key question for investors: Is there more danger ahead for the already troubled municipal bond market? Harrisburg city council members approved
Updated: 10/12/2011 02:44P
Chrysler, union strike deal to bring 2100 jobs, $4.5 billion to US plants
The UAW said the agreement would add 2100 new jobs and $4.5 billion in new investments at Chrysler's US plants. “Less than three years ago, Chrysler was teetering on the edge of bankruptcy as our nation was thrown into the worst economic crisis since
Updated: 10/12/2011 02:39P
Craig Ruttle / AP
Full story The Pennsylvania capital's council has agreed to a rare move to seek Chapter 9 bankruptcy protection to avoid a state takeover amid a $300 million debt crisis. Life Inc.: A new report offers further evidence to the theory that people are
Updated: 10/12/2011 02:33P
Lehman Brothers Court, Building on SemCrude and Swedbank Decisions, Denies
The United States Bankruptcy Court for the Southern District of New York (the Court), has held that section 553(a) of the Bankruptcy Code prohibits a swap counterparty from setting off amounts owed to the debtor against amounts owed by the debtor to
Updated: 10/12/2011 02:33P
Andronico's and A.G. Ferrari saved from the brink
After both declaring bankruptcy earlier this year, Andronico's and AG Ferrari have found a savior and look to be out of immediate crisis, according to Chronicle columnist Andrew Ross. AG Ferrari, which was forced to close its Solano Avenue store in
Updated: 10/12/2011 02:32P
Debt-laden Harrisburg, Pa., files for bankruptcy
Oct 12 (Reuters) - Pennsylvania's capital, Harrisburg, filed for a rare municipal bankruptcy on Wednesday in a desperate bid to resolve its debt crisis, but it now faces a showdown with the state over control of the city.
Updated: 10/12/2011 02:30P
Harrisburg to file for bankruptcy
NEW YORK (CNNMoney) -- The city council of Harrisburg, Pennsylvania, voted to file for bankruptcy protection Tuesday night. The state capital of Pennsylvania, with just under 50000 residents,
Updated: 10/12/2011 02:26P
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