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Beacon Power CEO: We may be bankrupt but we're no Solyndra
Bill Capp released a statement (click for PDF) taking issue with comparisons to Solyndra, a solar collector maker which received a $535 million loan guarantee and abruptly shut down at the end of August and declared bankruptcy.
Updated: 11/01/2011 04:09P
/C O R R E C T I O N -- Grant Park Funds/
In the news release, Grant Park Funds Responds to MF Global's Bankruptcy Announcement, issued 01-Nov-2011 by Grant Park Funds over PR Newswire, we are advised by the company that the text has been updated. The complete, corrected release follows:
Updated: 11/01/2011 04:07P
Greek referendum call hammers markets
NEW YORK - Greece's shock decision to hold a referendum on its euro zone bailout package sent world stock markets tumbling yesterday, further undermining sentiment already weakened by the bankruptcy of US broker MF Global and an unexpected moderation
Updated: 11/01/2011 04:06P
Dirty Cricketers Convicted; Dodgers Close to Being Sold Off
Today in sports: The Los Angeles Dodgers ownership mess is nearing a resolution, two Pakistani cricket players convicted for bribery, and Wolf Blitzer takes the credit (or blame) for Michael Jordan's last comeback. Los Angeles Dodgers owner Frank
Updated: 11/01/2011 04:05P
Stoltmann Says No Question of MF Global Criminal Probe (Video)
MF Global, under investigation by US regulators after filing for bankruptcy protection, violated requirements that it keep clients' collateral separate from its own accounts, said CME Group Inc. Chief Executive Officer Craig Donohue on a conference
Updated: 11/01/2011 04:02P
JP Morgan Seeks Restrictions on MF Global's Use of Cash
By Shira Ovide JP Morgan today asked a bankruptcy court to restrict how MF Global uses its cash accounts. The brokerage filed for bankruptcy protection yesterday, and JP Morgan is an agent for lenders of an MF Global line of credit.
Updated: 11/01/2011 03:55P
Tribune working on revised bankruptcy plan
Tribune Co. officials believe they can still win a judge's approval to emerge from bankruptcy protection by making changes to its reorganization plan. The judge on Monday rejected Tribune's current plan, as well a rival plan from dissident creditors.
Updated: 11/01/2011 03:48P
All MF Global Funds Are Accounted For, Held by Brokerage
“To the best knowledge of management, there is no shortfall,” Ziman told US Bankruptcy judge Martin Glenn, who inquired about whether a shortfall in customer accounts would affect the case, citing media reports that hundreds of millions were missing.
Updated: 11/01/2011 03:47P
Court OKs Marie Callender's reorganization plan
Restaurant owner Perkins & Marie Callender's Inc. said Tuesday that its latest reorganization plan has been confirmed by bankruptcy court, clearing the way for the company to exit bankruptcy protection by the end of the month.
Updated: 11/01/2011 03:47P
International financial news
NEW YORK - Yahoo! has announced it is buying internet advertising company interclick in a deal worth $US270 million ($A257 million). NEW YORK - US manufacturing conglomerate Honeywell International said Tuesday it was buying Singapore-based safety boot
Updated: 11/01/2011 03:47P
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