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Andronico's Under New Ownership
based Andronico's Community Markets' bankruptcy proceeding ended Oct. 27 with the sale of its assets to an affiliate of Renovo Capital for $16 million. The sale allows the remaining six specialty supermarkets to continue to operate, preserving the jobs
Updated: 10/31/2011 10:45A
US broker MF Global files for bankruptcy
Struggling US brokerage firm MF Global filed for bankruptcy Monday, as trade in its shares was halted on the New York Stock Exchange and the firm was frozen out by regulators. The derivatives broker -- which at one time held approximately $41 billion
Updated: 10/31/2011 10:45A
Stocks, Italian Bonds Decline Amid Bailout Concern; Yen Tumbles
Oct. 31 (Bloomberg) -- Stocks retreated from an almost three-month high as Italian and Spanish bonds fell amid concern European leaders will struggle to raise funds to contain the region's debt crisis. The yen sank from a post-World War II record
Updated: 10/31/2011 10:44A
MF Global Nears Bankruptcy Filing, Sale Deal
MF Global, the former futures brokerage arm of hedge fund giant the Man Group, ix expected to file for bankruptcy as part of plan to sell its assets to Interactive Brokers Group. Trading in the company's shares has been halted, and its own trading has
Updated: 10/31/2011 10:43A
Wall Street Firm Run by Fromer NJ Gov. Corzine Near Bankruptcy
The company is close to filing for Chapter 11 bankruptcy, according to published reports, after the company made a big bet on Europe, buying $6 billion worth of debt in Ireland, Italy, Portugal and Spain. Now it's suffering the consequences.
Updated: 10/31/2011 10:42A
Jon Corzine's MF Global may seek bankruptcy protection because of ex-NJ Gov's
The Wall Street Journal reported Monday that MF Global would seek bankruptcy protection, partly because Corzine, the former Goldman Sachs chairman who runs the firm, had MF Global invest $6 billion in sovereign bonds issued by European countries over
Updated: 10/31/2011 10:42A
MF Global: Too small to bail
MF Global (MF), the broker-dealer run by former Goldman Sachs (GS) chief executive Jon Corzine, today filed for Chapter 11 bankruptcy protection. The firm had spent the past weekend seeking a buyer,
Updated: 10/31/2011 10:42A
MF Global files for bankruptcy but may have found buyer
LONDON (SHARECAST) - The future of futures broker MF Global is in doubt after the company filed for bankruptcy on Monday morning. The company, headed by former Goldman Sachs executive Jon Corzine, has had its status as a primary dealer suspended by the
Updated: 10/31/2011 10:41A
CME Group, other exchanges clamp down on MF Global
Financial exchanges around the world took steps to address the uncertainty swirling around embattled broker-dealer MF Global Holdings Ltd., which filed for bankruptcy protection on Monday. US futures exchanges run by IntercontinentalExchange Inc.
Updated: 10/31/2011 10:40A
M & A wrap: MF Global files for bankruptcy
Australia's Qantas Airways has seen its share of suitors knocking on the company's cabin doors before, and with the stock trading at record lows, now may seem to be a good time to welcome a white knight. Chinese groups Pang Da and Youngman will pump
Updated: 10/31/2011 10:40A
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