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 89-99
  • $100M meningitis settlement filed in federal court

    $100M meningitis settlement filed in federal court
    A settlement was filed in bankruptcy court Tuesday that could provide $100 million as early as next year to victims of a nationwide meningitis outbreak linked to tainted steroid injections, lawyers said. New England Compounding Center, its owners,...
  • Massive recall expenses slash General Motors' first-quarter profit

    Massive recall expenses slash General Motors' first-quarter profit
    Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier. The nation’s largest automaker said it earned just $108 million, or 8...
  • Baltimore manufacturer awaits bankruptcy auction

    Baltimore manufacturer awaits bankruptcy auction
    When a Belgian firm tried to sell a Baltimore manufacturer to a company that planned to take jobs elsewhere, the local employees saved their livelihoods by buying their employer. Ten years later, another foreign company has stepped up to buy the company...
  • Wood floors grow in popularity as options expand

    Wood floors grow in popularity as options expand
    Last fall, when Dennis and Misty Glorioso renovated the Sykesville home they bought from Misty's father, one of their immediate priorities was to add hardwood floors. The house, which was built in the early 1980s, was chopped up into several small rooms...
  • What's next for Detroit as creditors gear up for bankruptcy plan vote?

    Three months after Detroit filed its initial plan to emerge from bankruptcy, a federal judge has cleared the way for creditors to vote on a much-amended blueprint to restructure the city’s $18-billion debt. The next steps are complicated and hinge...
  • Grief counselor seeks financial healing

    Grief counselor seeks financial healing
    Bridgette Sullenger knows what it takes to survive difficult times. Sullenger is an ordained minister who works with patients in hospice care. Sullenger also leads group counseling sessions for those left behind. "Every day, I'm around people who...
  • Co-signing has risks for young borrower, too

    It doesn't always pay for young borrowers to add parents, grandparents or other relatives as co-signers to get a lower interest rate on a student loan from a bank. In some cases, when the co-signer dies or falls into bankruptcy, the action may trigger an...
  • Lumber Liquidators hosts anticipated April sale

    Lumber Liquidators hosts anticipated April sale
    Toano-based Lumber Liquidators will host its annual April sale from April 24-28.  According to a company press release, "The sale's success has become legendary in Lumber Liquidators' culture. Lines wrapped around its stores on the first day and, 11...
  • 1st Mariner buyers see value in local brand

    1st Mariner buyers see value in local brand
    The founder of 1st Mariner launched the Baltimore bank as an alternative to big, faceless, out-of-state institutions at a time when banks based elsewhere had rapidly gobbled up 30 percent of the Maryland market. Now — 19 years and many...
  • Beware debt relief scams

    After my recent column on financial priorities for the New Year appeared, I heard from a reader with $55,000 in credit card debt. She said that her options were limited for paying off the debt and asked about using debt relief services. "Will that destroy...
  • Bankruptcies Should Cover Student Loans, Too

    Allowing student loan debt to be discharged under bankruptcy laws, as recently advocated by Sen. Richard Blumenthal, is a matter of fairness. Currently, student loans are not dischargeable. Many people oppose the senator's proposal because they think it...