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YRC Transition Worth Cheering, But Not Investing In: Analyst
Trucking company YRC Worldwide (YRCW) is now trading for a nickel a share after a massive stock dilution earlier this year as the company worked to stave off bankruptcy. The company fell on Friday after posting a wider than expected loss
Updated: 11/07/2011 10:50A
Delphi Automotive Seeks Up to $578 Million in IPO
Delphi Automotive, the parts supplier that emerged from bankruptcy two years ago, announced in a filing on Monday that it planned to sell about 24.1 million shares at $22 to $24 apiece in an initial public offering. At the top end,
Updated: 11/07/2011 10:47A
Who Has Daniel Ward's $86076.80?
They still haven't found that mysterious $630 million out of MF Global's customer accounts, and it's been a week since bankruptcy. Last night I got this letter from a frustrated and properly angry commodity futures trader, Daniel Ward, who would very
Updated: 11/07/2011 10:45A
Blockbuster Posts $3.3 Million Profit
7 reported net income of $3.3 million on revenue of $601 million since its acquisition out of bankruptcy by Dish Network Corp. on April 26 through Sept. 30. For the second quarter (ended Sept. 30), Blockbuster posted a net loss of $177000 on revenue of
Updated: 11/07/2011 10:43A
Downtown Baltimore hotel development to be auctioned
A century-old office building in downtown Baltimore that was being converted into a 100-room hotel is for sale. The property, at 101-103 N. Charles St., is scheduled to be sold at auction Nov. 30 as part of a foreclosure sale, according to auctioneer
Updated: 11/07/2011 10:41A
Republicans Say 'Occupy Obama'
Org, Accessed 10/31/11) “Corzine Has Already Held A High-End Fundraiser And Organized A Secret Meet-And-Greet Between Finance Executives And Obama's New Chief Of Staff.” (Peter Stone, Elizabeth Lucas, John Aloysius Farrell, Paul Abowd and Rachael
Updated: 11/07/2011 10:39A
MF Global Canada in bankruptcy
The Canadian Investor Protection Fund and IIROC have obtained a bankruptcy order in Canada for MF Global Canada Co., with KPMG Inc. appointed trustee in bankruptcy. The order is designed to ensure the fair and orderly management of customer accounts
Updated: 11/07/2011 10:35A
MF Global Creditors Seek Ways to Recover
MF Global Holdings Ltd. creditors looking to recover from the eighth largest bankruptcy in US history may sue the company's advisers, search for assets overseas and seek information from a probe into the commingling of customer accounts at the
Updated: 11/07/2011 10:19A
Greek Leaders to Pick Premier of New Gov't
The leaders of Greece's two biggest political parties were in talks Monday to choose the head of a new interim government, after reaching a historic power-sharing deal to accept a massive financial rescue package and prevent imminent bankruptcy.
Updated: 11/07/2011 10:19A
Romney Eyes Iowa in Bid for Speedy Nomination
"The future of Medicare should be marked by competition, by choice and by innovation, rather than bureaucracy, stagnation and bankruptcy." -- Former Massachusetts Gov. Mitt Romney speaking at the Americans for Prosperity summit in
Updated: 11/07/2011 10:19A
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