Latest Legal Advertising News
Feds defend Beacon Power loan guarantees
's (Nasdaq: BCON) Chapter 11 bankruptcy filing with a blog post that defends loan guarantees the federal government wrote to support the Tyngsborough, Mass. company's energy flywheel technology. Beacon Power declared Chapter 11 bankruptcy, Sunday,
Updated: 10/31/2011 02:26P
Europe stocks close sharply lower
The crisis took its first casualty in the United States as struggling brokerage firm MF Global filed for bankruptcy after taking losing bets on distressed European sovereign debt. In London, the FTSE-100 index of top companies lost 2.77 percent to
Updated: 10/31/2011 02:26P
MF Global Shares Hung Up in Limbo
Shares of MF Global remain halted Monday afternoon, hours after the New York Stock Exchange first put a stop on trading this morning before MF Global filed for bankruptcy protection. Don't expect the stock to go anywhere soon.
Updated: 10/31/2011 02:25P
Monday Afternoon Business Brief
As expected, Securities firm MF Global Holdings is now seeking bankruptcy protection. The move comes a week after reporting its biggest ever quarterly loss and having its credit downgraded to junk status. The company is run by former New Jersey
Updated: 10/31/2011 02:24P
European stocks fall on lingering debt worries
The crisis took its first casualty in the United States as struggling brokerage firm MF Global filed for bankruptcy after taking losing bets on distressed European sovereign debt. In London, the FTSE-100 index of top companies lost 2.77 per cent to
Updated: 10/31/2011 02:22P
FTSE Ends October on a Bloody Note
The primary causes of Monday's decline were a filing for bankruptcy by the broker-dealer MF Global Holdings and cautionary remarks about global growth from the Organization of Economic Cooperation and Development. The FTSE 100 index closed 158 points
Updated: 10/31/2011 02:21P
Bonds climb as stock losses re-fuel safety bid
The bankruptcy of futures broker MF Global Holdings (MF.N) added to the nervousness. "It's the move down in stocks and also one of those 'Who's next?' trades prompted by the MF Global bankruptcy filing. But it's also because, after a phenomenal month,
Updated: 10/31/2011 02:21P
European stocks slide as debt crisis sinks US broker
The crisis took its first casualty in the United States as struggling brokerage firm MF Global filed for bankruptcy after taking losing bets on distressed European sovereign debt. In London, the FTSE-100 index of top companies lost 2.77 percent to
Updated: 10/31/2011 02:21P
Jeffco expected to lose $2 billion without special session
Jefferson County leaders warn the county could lose $2 billion if Governor Robert Bentley does not call a special session to help the county avoid bankruptcy. The losses would be in the form of creditor concessions and state assistance.
Updated: 10/31/2011 02:19P
Chu lost another $43 million
Beacon Power is out of juice as it seeks refuge in bankruptcy court for protection from its creditors. It looks like taxpayers will have to eat $43 million for another loan guaranteed by Secretary Steven Chu, whose Nobel is in physics, not banking.
Updated: 10/31/2011 02:17P
Primary Categories