RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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 67-77
  • Gonzalez, Kronk: Casey Anthony 'malicious,' defamation suits should survive bankruptcy

    Gonzalez, Kronk: Casey Anthony 'malicious,' defamation suits should survive bankruptcy
    Two people suing Casey Anthony for defamation filed complaints in federal court on Monday arguing their lawsuits should survive Anthony's bankruptcy, because she was "willful and malicious" in damaging their reputations. Roy Kronk and Zenaida Gonzalez...
  • Grace says sales fell in 2Q after a price increase

    Grace says sales fell in 2Q after a price increase
    Columbia chemical maker W.R. Grace & Co. said Thursday that it took a hit to sales in the second quarter as a price increase prompted customers to jump ship. Investors didn't like that news, pressing the stock price down $5.33 a share — more than 6...
  • Myopia that bankrupted Detroit is shared by many

    Detroit's bankruptcy is about numbers: a 26 percent drop in population since 2000, 78,000 abandoned properties, $10 billion in underfunded pension and health care obligations for public employees and billions more in bonds and other debt that make it...
  • Bankrupt Detroit A Warning To Country

    If there's an iron rule in economics, it is Stein's Law (named after Herb, former chairman of the Council of Economic Advisers): "If something cannot go on forever, it will stop." Detroit, for example, can no longer go on borrowing, spending, raising...
  • Detroit's comeback may already have begun

    Detroit's comeback may already have begun
    Good news for city dwellers. According to a study published this week, we are 20% less likely to die from serious injury than our counterparts in rural America. Sure, homicide rates are higher in cities. But in rural areas, access to trauma and...
  • Rapper DMX files for bankruptcy protection to 'reorganize' finances

    Rapper DMX files for bankruptcy protection to 'reorganize' finances
    Rapper DMX, who has been in and out of jail after a slew of arrests over the past few years, has filed for Chapter 11 bankruptcy protection due to years of "financial strains" and "poor financial management." The "Ruff Ryders Anthem" and "Party (Up In...
  • Draft audit critical of Stockton officials, accounting practices

    Draft audit critical of Stockton officials, accounting practices
    A leaked early draft of state Controller John Chiang's audit of Stockton's finances found that more than half of the accounting controls investigated were ineffective and that Stockton leaders had missed warning signs, according to the Stockton Record....
  • Councilman Curran files for personal bankruptcy

    Councilman Curran files for personal bankruptcy
    Longtime City Councilman Robert W. Curran filed for personal bankruptcy in June, a move he said was necessary to avoid foreclosure on his Northeast Baltimore home. Curran, 63, said in an interview Thursday that he will repay all of his restructured...
  • Edison International aims to power through troubles

    Edison International aims to power through troubles
    Edison International, the parent company of Southern California Edison, has had its hands full with the bankruptcy of a subsidiary and the shutdown of the San Onofre Nuclear Generating Station. Now, it is overhauling its operations. The Rosemead...
  • Westport development lawsuit dismissed, to be filed again

    Westport development lawsuit dismissed, to be filed again
    A lawsuit over the ownership of the Westport waterfront that was dismissed last month by a bankruptcy judge will be re-filed in a different court, an attorney for real estate developer Patrick Turner said Monday. Kenneth B. Frank said the suit against...
  • Grounding the American-US Airways merger

    Grounding the American-US Airways merger
    The best illustration of the virtues of deregulation may be the U.S. airline industry, which Congress liberated from most nonsafety-related rules in 1978. The cost of flying plummeted as a host of new players entered the business to compete with the major...