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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles

Displaying items 45-55
  • Apartment tower proposed for Inner Harbor site

    Apartment tower proposed for Inner Harbor site
    A Pikesville developer will present plans to the city next week to build one of Baltimore's tallest buildings on the site of the former McCormick & Co. spice factory at the Inner Harbor, transforming the skyline with a luxury apartment tower. The Questar...
  • Spencer buying Brookstone out of bankruptcy

    Spencer buying Brookstone out of bankruptcy
    Retailer Brookstone Inc said it would be bought by the owner of Spencer's retail chain for about $147 million as part of a prepackaged bankruptcy plan. Brookstone sells products ranging from massage chairs to bathroom slippers through stores in malls...
  • AMR investors stand to profit on American Airlines' new shares

    Holding onto shares of AMR Corp. could pay off handsomely for investors. The value of the stock, which traded for less than a quarter in the in the low days of the airline's bankruptcy, is now estimated to reach as much as $28 a share when American...
  • Mary Barra: GM has 'civic responsibility' to compensate crash victims

    Mary Barra: GM has 'civic responsibility' to compensate crash victims
    General Motors CEO Mary Barra said Tuesday she wants to find out if GM engineering employees executed a coverup or were merely incompetent in failing to recall a defective part linked to 13 deaths. In testimony before a House Energy and Commerce...
  • Senators attack culture of GM

    For just a few million dollars, General Motors Co. could have replaced a defective ignition switch that ultimately has been linked to 13 deaths and is expected to cost the automaker billions in repairs, fines and litigation. GM need only have spent an...
  • Senators accuse GM of coverup in delayed ignition-switch recall

    Senators accuse GM of coverup in delayed ignition-switch recall
    WASHINGTON -- Senators aggressively questioned General Motors Co. Chief Executive Mary Barra on Wednesday about the years of delays in recalling vehicles with faulty ignition switches, accusing the company of a coverup to hide the problem that caused at...
  • GM chief grilled over recall delay

    General Motors Chief Executive Mary Barra on Tuesday vowed to find out whether GM engineering employees executed a coverup or were merely incompetent in failing to recall a defective part linked to 13 deaths. Testifying before a House Energy and...
  • Car sales recovery gains pace in France, Spain and Italy

    PARIS (Reuters) - Car sales rose in France, Spain and Italy last month, according to data published on Tuesday, adding to signs that a southern European recovery is gaining strength. Renault and PSA Peugeot Citroen led an 8.9 percent year-on-year rise in...
  • Barra: Poor decisions in past do not reflect the GM of today

    WASHINGTON General Motors CEO Mary Barra on Tuesday told a congressional subcommittee investigating a widening recall that while she could answer few specific questions about what happened, decisions made in previous years not to address the situation...
  • Tredegar Corp. CEO named to Lumber Liquidators board

    Nancy M. Taylor, president and CEO of Tredegar Corp., was appointed as an additional board member for Lumber Liquidators, a Toano-based retailer of hardwood flooring in North America. The Lumber Liquidators board of directors expanded from eight to nine...
  • Strategists size up Obamacare ripple effect

     Strategists size up Obamacare ripple effect
    David Axelrod vs. Steve Schmidt. Democratic strategist and former senior adviser to President Barack Obama versus Republican strategist and senior adviser to Sen. John McCain's 2008 presidential campaign. That was the setup last week at a University...