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Stocks Tumble amid Dollar Strength (AA, AAPL, BAC, CMG, CVX, FCX, JNPR, JPM
Investors were also spooked by the bankruptcy filing from MF Global. The Dow Jones Industrial Average was falling 1.42%. The S&P 500 index was tumbling 1.47%, while the NASDAQ was losing 1.15%. The market started on a down note, amid weakness in
Updated: 10/31/2011 01:10P
Mine Reclamation Files for Bankruptcy Protection
PALM SPRINGS, Calif., Oct. 31, 2011 /PR Newswire/ -- Mine Reclamation, LLC (MRC), the developer of the long-delayed Eagle Mountain landfill project, filed for bankruptcy protection Sunday in federal bankruptcy court in Riverside County, CA in order to
Updated: 10/31/2011 01:08P
Man Group 'free from MF Global exposure'
Man Group has asserted that it has no counterparty exposure to former subsidiary MF Global Holdings, which filed for Chapter 11 bankruptcy protection today. The US holding firm and its broker-dealer subsidiary MF Global Finance USA filed its voluntary
Updated: 10/31/2011 01:08P
US Indexes Head Lower; MF Global Files Bankruptcy
MF Global filed for bankruptcy protection after the deal with Interactive Brokers fell apart. US stocks edged lower on the last day of trading this month. World markets surged in October after six weeks of volatility and registered the best monthly
Updated: 10/31/2011 01:03P
MF Global goes bankrupt, is 1st U.S. casualty of European crisis
Jon Corzine filed for bankruptcy Monday morning, making it the first big American casualty of the European debt crisis. The firm, MF Global, had come under increasing strain in recent weeks due to $6.3 billion in outstanding bets on the sovereign debt
Updated: 10/31/2011 01:02P
Brokerage MF Global bankrupt after euro debt losses
Struggling US brokerage firm MF Global filed for bankruptcy Monday, after confidence in the firm was shattered by a string of losses from European public debt holdings. Shares in the brokerage -- which at one time held approximately $41 billion in
Updated: 10/31/2011 01:01P
First US Casualty of Europe Crisis: Corzine Firm Seeks Bankruptcy
MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss. MF Global shares plunged 66 percent last week.
Updated: 10/31/2011 01:01P
<span style="font-weight: bold;">Corzine's MF Global Files for Bankruptcy</span>
MF Global Holdings Ltd., the securities firm run by former New Jersey Governor and Goldman Sachs head Jon Corzine, is seeking bankruptcy protection one week after reporting its biggest-ever quarterly loss. MF Global shares plunged 66 percent last week.
Updated: 10/31/2011 01:01P
The Next Solyndra: Beacon Power Goes Bankrupt
The portfolio includes "green energy" loans like the one given to Solyndra and Beacon Power, as well as loan guarantees for new nuclear plants and grants and loans for technology used in energy-efficient vehicles. Beacon Power developed new technology
Updated: 10/31/2011 01:01P
Busy Week Starts With a Busy Weekend
by Alexander Chepurk - Forex Club | View company's profile MF Global, a futures broker and primary deal to the NY Federal Reserve, is at the edge of bankruptcy, seeking a buyer as trading on NYSE is halted. Italian bond yields trade at record wides
Updated: 10/31/2011 01:00P