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New Harry & David CEO sees hope in the brand
Regardless of whether it is just emerging from bankruptcy, new CEO Craig Johnson says the strength of Harry & David's brand makes him optimistic about its growth potential. Tuesday marks Johnson's first day as head of Medford-based Harry & David
Updated: 10/25/2011 10:03A
TerreStar, Lehman, MSR Resorts, Madoff, A&P: Bankruptcy
(This report contains items about companies both in bankruptcy and not in bankruptcy. Updates Madoff; adds Dodgers, Washington Mutual, Lehman, Harrisburg, Ambac and Capmark in Updates; and section on Daily Podcast.
Updated: 10/25/2011 10:00A
Madoff Claims Tumble 17% in Trading Prompted by Rakoff Opinion
Rakoff based his ruling on the so-called safe harbor law in Section 546(e) of the Bankruptcy Code, which bars a trustee from suing to recover payments made by a stockbroker. Rakoff restricted Picard's ability to sue customers for so- called fictitious
Updated: 10/25/2011 09:57A
Back to the drawing board
Clow attributes the widespread critique to people who are new to comic books and have never made that realization before. The controversy does not seem to be hurting the sales of The New 52 for The Comics Place. “As of now, the numbers are still high
Updated: 10/25/2011 09:47A
Amish no-contest plea issue delayed in Ohio court
The Amish traditionally avoid involvement in the court system. Another judge rejected a bid by members of Mennonite and Amish communities to let them settle Beachy's company bankruptcy out of court. Church members said Beachy had accepted their guidance.
Updated: 10/25/2011 09:41A
BC-OH--Amish Bankruptcy,129
EL SEGUNDO, Calif. (AP) -- Mattel Inc. says it has agreed to buy the company behind Thomas the Tank Engine and Bob the Builder for $680 million in cash. ... WSYX files and maintains quarterly Children's Television Reports in its Public File.
Updated: 10/25/2011 09:32A
Grace Reports Third Quarter Adjusted EPS of $1.16 Per Diluted Share
Income taxes are recorded at a global effective tax rate of approximately 32 percent before considering the effects of certain non-deductible Chapter 11 expenses, changes in uncertain tax positions and other discrete adjustments.
Updated: 10/25/2011 09:20A
Should Some Bankers Be Prosecuted?
More than three years have passed since the old-line investment bank Lehman Brothers stunned the financial markets by filing for bankruptcy. Several federal government programs have since tried to rescue the financial system: the
Updated: 10/25/2011 09:16A
MP calls Stranraer 'bankruptcy capital'
STRANRAER has been named as the bankruptcy capital of Scotland following the release of shock figures this week. Per 10000 residents covered by the town's Sheriff Court, 49 were declared bankrupt in the 2009/2010 financial year compared to the region's
Updated: 10/25/2011 09:13A
Frank McCourt looted nearly $190M from Dodgers, bankruptcy documents say
(AP Photo/Nick, File) LOS ANGELES (AP) — Dodgers owner Frank McCourt looted nearly $190 million from the Los Angeles team, using the money for non-baseball use in violation of Major League Baseball rules, according to Delaware bankruptcy court
Updated: 10/25/2011 08:54A