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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 56-66
  • Ex-Catonsville doctor charged with sexually assaulting patient in Western Md.

    Ex-Catonsville doctor charged with sexually assaulting patient in Western Md.
    The practitioner of a now-closed Catonsville laser surgery center who was convicted of raping a woman at gunpoint in 1987 was indicted by an Allegany County grand jury last week for sexually assaulting a patient behind locked doors. Dr. William Thomas...
  • First Mariner says stock to be delisted in June

    First Mariner says stock to be delisted in June
    First Mariner Bancorp's days of publicly traded stock are coming to an end. The Baltimore-based company said in a U.S. Securities and Exchange Commission filing Monday that it expects its stock will be delisted from the OTC Bulletin Board as soon as...
  • Social Security disability backlog in Md. among highest in nation

    Social Security disability backlog in Md. among highest in nation
    The Social Security Administration office that reviews disability claims for Central Maryland has the third-longest processing delay in the nation — a backlog that prompted a member of the state's congressional delegation on Monday to call for...
  • Shelton Factory Seeks Bankruptcy Protection

    A Shelton manufacturer of latex foam mattresses and the rubber latex supplied to other mattress and pillow manufacturers has filed for bankruptcy protection as it restructures its debt. The Chapter 11 bankruptcy will not disrupt service to its customers,...
  • Fisker Karma may relaunch in 2015

    Fisker Karma may relaunch in 2015
    A plan for Fisker Automotive Inc. is solidifying that would put the company's gas-electric hybrid Karma luxury automobile back on the road in mid-2015, according to its newly appointed interim president. The hope is that the newly launched car, backed...
  • No way to avoid tax hit liquidating SEP IRA

    By Ilyce Glink and Samuel J. Tamkin Q: My daughter purchased a little house for me to live in when I retire. I'm hopefully going to retire within the next 24 months. The house is owner financed at 5 percent with balance of $35,000 due in July. I want to...
  • Bitcoin exchange Mt. Gox says 'no prospects' for restart of business

    Bitcoin exchange Mt. Gox says 'no prospects' for restart of business
    Mt. Gox, the online bitcoin exchange that shuttered in February, said Wednesday that a Japanese court had dismissed its request for a civil rehabilitation proceeding, similar to a Chapter 11 bankruptcy filing.  As a result, the bitcoin exchange said...
  • Don't liquidate retirements savings to buy house

    By Ilyce Glink and Samuel J. Tamkin Q: We are 66 years old and retired and are looking at buying or building a new home. We currently own our home, which we have lived in for 35 years. Which would be the best bet, financing or paying cash for the next...
  • Japanese firm named winning bidder for Baltimore manufacturer

    Japanese firm named winning bidder for Baltimore manufacturer
    A Japanese firm that has a long history with Baltimore-based Hedwin Corp. was named the winning bidder for the manufacturer in a bankruptcy auction Friday, a development that Hedwin officials said would save the company's 300 jobs. Fujimori Kogyo Co....
  • Consumer agency warns of student loan defaults if co-signer dies

    Consumer agency warns of student loan defaults if co-signer dies
    A new report released Tuesday by the Consumer Financial Protection Bureau is warning borrowers of a catch that is pushing private student loans into default even if the loan is in good standing.   The federal consumer agency said that borrowers complain...
  • Expenses from Fiat merger topple Chrysler into first-quarter loss

    Expenses from Fiat merger topple Chrysler into first-quarter loss
    Expenses associated with Chrysler Group’s merger with Fiat dragged the U.S. automaker into a loss in the first quarter. Chrysler said Monday that it lost $690 million in the period compared with a profit of $166 million in the same quarter a...