PharmAthene ( PIP -13.2% ) goes south on increased volume albeit on turnover of only 550K. Investors appear to perceive that its potential award from ( SIGA -22.2% ) may be at risk or at least substantially delayed due to its Chapter 11 filing and appeal. Post your comment!
NASDAQ: SIGA ) files for voluntary relief under Chapter 11 of the U.S. Bankruptcy Code. It takes the action in order to assure ..... Research and Development Authority (BARDA). Chapter 11 protection will enable Siga to operate as a going
Sept 15 (Reuters) - NII Holdings Inc filed for bankruptcy protection in the United States on Monday as the Nextel operator in Latin America struggles with $5.8 billion in debt and fierce competition in its key markets of Brazil and Mexico.
It was a Chapter 11 filing in New York, according to a Bloomberg headline. The Chapter 11 filing, of course, means a debt restructuring in which the company
Trump Entertainment plans to file a Chapter 11 bankruptcy , according to Bloomberg. Atlantic City has seen three casinos shut their days already this year as online gambling ventures have
USEC ( USU -15.3% ) says a U.S. Bankruptcy Court has confirmed its plan of reorganization , and that it will emerge from Chapter 11 restructuring under the name Centrus Energy when the plan becomes effective later this month. USEC will replace
prominent of those exceptions would be General Motors Company (NYSE: GM ), which issued warrants subsequent to its Chapter 11 bankruptcy restructuring. There are currently three outstanding issues of warrants, in total representing the right to purchase
holding our breath re a buyout). Whether JCP would evade bankruptcy was always a much simpler analysis than calculating its value ..... before, JCP could entice at least enough shoppers to avoid Chapter 11 proceedings (see our prior piece on SA, "Penney For Your
including the company's investment in Tomsten, which operated a scrapbooking retail concept and filed for Chapter 11 bankruptcy protection in 2013. Further capital allocation missteps are possible, particularly if the company steps away
By Andy Batts : NII Holdings (NASDAQ: NIHD ) yesterday reported its consolidated financial results for the second quarter of 2014. The company said that it had a net loss of 77,000 subscribers in the quarter, bringing its quarter-end subscriber base to 9.4 million, a 6% decrease from the year-ago