Stocks and Finance

Bankruptcy

Bankruptcy 11/29/2011

13:17 : Corrections: American bankruptcy equals higher fares - A MarketWatch consumer column on the impact from the bankruptcy filing of American Airlines parent AMR Corp. misidentified Jim Corridore, an analyst for S&P Capitol IQ.
Source : marketwatch-com
13:06 : AMR Bankruptcy Will Hurt Unions, Vendors, Shareholders the Most - As news continue to trickle down as to what the bankruptcy of the third-largest airline in the U.S. (NYSE:AMR) will look like, there are three groups of stakeholders in the company that should have already realized they're in for a rough ...
Source : ibtimes-com
11:45 : AMR Corporation Files for Bankruptcy - R Corp. filed for bankruptcy protection in New York despite the fact that the company has more than a reported $4 billion in cash on hand. AMR shares, traded on the New York Stock Exchange, were halted earlier on the news. ...
Source : ibtimes-com
11:10 : American Airlines, AMR file for bankruptcy - (Reuters) - American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday to cut costs and combat soaring fuel prices and dampened travel demand.
Source : reuters-com
10:58 : AMR stakeholders lose millions in bankruptcy - WASHINGTON (MarketWatch) -- The Tuesday bankruptcy of American Airlines parent company AMR Corp. took large bites from institutional stakeholders. PRIMECAP Management Co., AMR's biggest shareholder, held about 12.3% of all ...
Source : marketwatch-com
10:36 : American Airlines Parent AMR Files for Bankruptcy, Names Thomas Horton ... - AMR Corp. (NYSE:AMR), the parent company of American Airlines, has filed for bankruptcy protection under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York to shed its debt load and ...
Source : ibtimes-com
10:18 : Stocks mixed on Europe debt talks, AMR bankruptcy - NEW YORK - Stocks are opening mixed as European leaders struggle to craft new cures for the region's debt crisis and as a major U.S. airline declares bankruptcy.
Source : newsobserver-com
09:56 : American Airlines files for bankruptcy protection - American Airlines filed for Chapter 11 bankruptcy protection today and will make changes at the top of its leadership. Fort Worth, Texas-based American (NYSE: AMR), the second-largest airline serving Los Angeles International Airport, ...
Source : bizjournals-com
09:47 : AMR pilots union says it didn't cause bankruptcy - WASHINGTON (MarketWatch) -- The union representing pilots at American and American Eagle airlines said it wasn't to blame for the parent company AMR Corp. decision to file for bankruptcy on Tuesday. "There were a broad range ...
Source : marketwatch-com
09:12 : AMR bankruptcy won't hurt Boeing, Airbus: analyst - WASHINGTON (MarketWatch) -- The Tuesday bankruptcy filing by American Airlines parent AMR Corp. should have little impact on aircraft manufacturers since the real aim for the carrier is to re-open existing labor deals, according ...
Source : marketwatch-com
08:29 : AMR ([[AMR]] -60.5%) crashes and burns following its bankruptcy filing, ... - AMR (AMR -60.5%) crashes and burns following its bankruptcy filing, while airline ETF FAA is -4.1%. AMR also names 22-year company veteran Thomas Horton as CEO and Chairman to succeed Gerard Arpey, ...
Source : seekingalpha-com
08:18 : American Airlines parent seeks Ch. 11 protection - (The Associated Press) American Airlines' parent company is seeking Chapter 11 bankruptcy protection as it seeks to unload massive debt built up by years of accelerating jet fuel prices and labor struggles.The nation's third largest ...
08:15 : AMR, American Airlines file for bankruptcy - (Reuters) - AMR Corp, the parent company of American Airlines, filed for voluntary Chapter 11 bankruptcy protection in a New York court on Tuesday to restructure debt.
Source : reuters-com
08:04 : DealBook: American Airlines Parent Company Files for Bankruptcy - AMR Corporation, the parent company of American Airlines, said on Tuesday that it has filed for Chapter 11, in an effort to reduce labor costs and shed its heavy debt load.
Source : nytimes-com
07:42 : American Airlines expected to file bankruptcy today - Fort Worth-based American Airlines is expected to file for Chapter 11 bankruptcy protection today and will make changes at the top of its leadership, according to a report in the Dallas Morning News. The newspaper reported that American ...
Source : bizjournals-com
07:15 : AMR Corp. (AMR) files for Ch. 11 bankruptcy protection, 'in order to achie - AMR Corp. (AMR) files for Ch. 11 bankruptcy protection, "in order to achieve a cost and debt structure that is industry competitive and thereby assure its long-term viability." (PR) Post your comment!
Source : seekingalpha-com

Bankruptcy 11/24/2011

18:18 : IMF welcomes long-awaited letter from Greek leader - The International Monetary Fund welcomed a written pledge from a Greek party leader backing a bailout deal and the prime minister was quoted as saying other lenders were satisfied as well, bringing Greece closer to getting funds to avoid ...
Source : ibtimes-com
10:30 : Irish bank seeks to reverse tycoon's UK bankruptcy - DUBLIN (AP) -- An Irish bank pursuing Ireland's former richest man for euro2.16 billion ($2.9 billion) in unpaid loans appealed Thursday to a Northern Ireland judge to overturn his bankruptcy judgment....
Source : usnews-com

Bankruptcy 11/23/2011

19:11 : Mortgage Insurer PMI Group Files for Bankruptcy - Mortgage insurer PMI Group Inc filed for Chapter 11 bankruptcy protection Wednesday, following the seizure last month of its main operating unit by Arizona insurance regulators.
Source : foxbusiness-com
17:06 : PMI Group files Chapter 11 bankruptcy - PMI Group Inc., the parent of PMI Mortgage Insurance Co., filed for Chapter 11 protection Wednesday after an Arizona judge rejected an effort earlier in the week to overturn the seizure of its mortgage insurance unit by the Arizona Department ...
Source : bizjournals-com

Bankruptcy 11/22/2011

19:24 : Judge OKs bankruptcy trustee for MF Global - A judge approved the appointment of a bankruptcy trustee for MF Global Holdings Ltd , wresting control of the remains of the futures brokerage once run by Jon Corzine from its current management.
Source : ibtimes-com
18:09 : A judge approves the appointment of a bankruptcy trustee for MF Global ... - A judge approves the appointment of a bankruptcy trustee for MF Global (MFGLQ.PK), meaning current management will no longer be in control of what remains of the company. Though no one has yet been charged with wrongdoing, ...
Source : seekingalpha-com

Bankruptcy 11/21/2011

18:25 : The FT's Martin Wolf provides an on point summary of Iceland's response ... - The FT's Martin Wolf provides an on point summary of Iceland's response and quick rebound from the financial crisis. Depositors were protected, managements sacked, shareholders wiped out, and bondholders left to fight for their scraps in bankruptcy ...
Source : seekingalpha-com

Bankruptcy 11/15/2011

04:48 : Papademos says “our membership of the euro is the only choice” - The newly appointed Prime Minister in Greece Lucas Papademos said "our membership of the euro is the only choice," referring that his country will be prone to bankruptcy if it did not follow the EU/IMF program announced ...
Source : ibtimes-com

Bankruptcy 11/14/2011

05:00 : MF Global bankruptcy proceedings, 13-F filings due - ECONOMIC NEWS U.S. consumer sentiment rose to its highest level in five months in early November as Americans felt better about the economic outlook. The Thomson Reuters/University of Michigan’s preliminary reading on the overall index on consumer sentiment ...
Source : fxstreet-com
02:10 : Asian stocks, euro rise on hopes of progress in Europe - Asian stocks and the euro rose on Monday on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown ...
Source : ibtimes-com
02:08 : Asia stocks rise on hopes of progress in Europe - Asian stocks rose on Monday and the euro edged up on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial ...
Source : ibtimes-com
00:57 : Stocks and Euro Rise on Hopes of Progress in Europe - Asian stocks and the euro rose Monday on hopes that new technocratic leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown ...
Source : ibtimes-com

Bankruptcy 11/13/2011

19:53 : Stocks, euro rise on hopes of progress in Europe - Asian stocks and the euro rose on Monday on hopes that new leaders in Italy and Greece will take decisive action to save their indebted nations from bankruptcy and fend off a wider financial meltdown in the euro ...
Source : ibtimes-com

Bankruptcy 11/11/2011

13:35 : Analysis: Bondholders warming to Dynegy's unusual bankruptcy - WILMINGTON, Delaware (Reuters) - The bankruptcy of a unit of Dynegy Inc has turned the usual order of payment for creditors upside down, as the power company tries to protect shareholders like...
Source : reuters-com
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