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Dynegy Misses - Analyst Blog
Also the ongoing chapter 11 bankruptcy proceedings fuel apprehensions about the company. Thus we retain a short-term Zacks #3 Rank (Hold) on the company. Presently we have a long-term Neutral recommendation on the stock. Last week, business units of
Updated: 11/15/2011 01:24P
The hunt is on for $600 million missing from MF Global
The bankruptcy trustee overseeing the liquidation announced that nearly all 1066 of the company's employees were losing their jobs, although as many as 200 could stay to oversee the dissolution of the company. MF Global says the wide confusion in its
Updated: 11/15/2011 01:23P
Lincoln gets 'clean' audit
Just 25 years ago, Lincoln University was fighting for its life, working from a state of financial exigency — the equivalent of bankruptcy in the corporate world. Last week, LU Curators were told their financial records are in good shape.
Updated: 11/15/2011 01:22P
Deal pending for residents to buy mobile-home park
It also will need approval by a judge overseeing the park's bankruptcy. 50% off! $10 for $20 of Grilled Fish, Skewers, Bowls, Sushi and Drinks at 2 Fishermen Grill and Rolls! BY FRANK SHYONG / THE ORANGE COUNTY REGISTER Residents and the owner of a San
Updated: 11/15/2011 01:20P
Evergreen asset sale wins judge's approval
According to Bloomberg, US Bankruptcy Judge Mary F. Walrath approved the following sales of Evergreen assets: * Core wafer assets to Hong Kong-based Max Era Properties Ltd., for about $9.2 million. This includes the intellectual property for
Updated: 11/15/2011 01:13P
Former PM family member faces criminal bankruptcy investigation
A criminal investigation into Lauren Booth, the sister-in-law of Tony Blair, may be launched after she failed to stand down as a company director after being declared bankrupt. Cherie Blair's sister, who is a presenter for the Press TV channel,
Updated: 11/15/2011 01:12P
Freddie Mac tells mortgage servicers not to use Baum law firm
Baum acknowledges, however, that it occasionally made inadvertent errors in its legal filings in state and federal court, which it attributes to human error in light of the high volume of mortgage defaults and foreclosures throughout the state of New
Updated: 11/15/2011 01:10P
Open Range auction features sole bidder
A small Minnesota company, Tothehome.com, was the sole bidder — with a $2 million offer — in Monday's bankruptcy auction of Open Range Communications. Today, the US Bankruptcy Court in Wilmington, Del., will hold a hearing on the sale
Updated: 11/15/2011 01:06P
MF Global meltdown shows U.S. vulnerable to Eurozone crisis
Corzine's company heavily invested client funds in Eurozone bonds - Greek, Italian, Spanish, German and French. He was confident that the EU leadership in the strongest countries, especially Germany and France, would find a way through the crisis and
Updated: 11/15/2011 01:03P
Strike 1 for Madoff trustee in claim against Mets owners
Irving Picard, the trustee appointed under the Securities Investor Protection Act to liquidate the business of Madoff and Madoff Securities, sought to recover over $1 billion from Katz and Wilpon on the grounds that they had made money from Madoff
Updated: 11/15/2011 12:56P
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