wholesale electric company in the U.S. last year after it acquired GenOn Energy for ~$1.7B, and it is buying coal plants, wind farms and other assets out of bankruptcy from an Edison International subsidiary. Post your comment!
coal-burning power plants in the Midwest that may boost revenue if natural gas prices rebound. Edison Mission’s non- bankrupt parent, Edison International ( EIX -1% ), agreed last month to a nearly $1B settlement that resolved the unit’s tax
regulators on Tuesday filed civil charges against a corporate audit committee chairman for his role in covering up what they say was a massive accounting fraud at a now- bankrupt animal feed company, in a rare charge against an audit director.
old and not indicative of the quality that GM currently produces. Litigation risk seems low because GM has stated that only Old GM is liable for accidents that occurred before July 10, 2009, when GM emerged from Old GM's bankruptcy .
future goodwill impairments or, in a worst-case scenario, bankruptcy as a result of large debt-service requirements. Kindred ..... Kindred's high level of fixed costs and slim profit margins keep bankruptcy a plausible scenario. Although the company has controlled
just one month after the crash of Lehman Brothers, it seemed that it were only a matter of weeks till the company would go bankrupt . Petrikovic, who was responsible for the company's bad situation, was later convicted to a 6 years prison sentence because
provisional sum-of-the-parts analysis of the company in Sears Holdings' Valuation: Between Berkshire Hathaway And Bankruptcy in June 2013 that was followed by a comprehensive report detailing the complexities of the company's myriad liabilities
By Lou Basenese : Come Thursday at 8:30 AM, the U.S. Census Bureau will release the next round of retail sales data. And everyone will be tuned in to see if the industry shrugged off the winter blues. As MarketWatch's Jeffry Bartash writes, "Almost everyone, it seems, believes an unusually severe
SAN JUAN, March 10 (Reuters) - Ingrid Rivera is well aware of Puerto Rico's plan to borrow $3 billion from Wall Street on Tuesday, which has been front-page news in almost every local newspaper. She just doesn't expect it to do any good.
(Reuters) - Mt. Gox, once the world's largest bitcoin exchange, received U.S. bankruptcy protection on Monday to temporarily halt U.S. legal action against the Japanese company by traders who allege the operation was a fraud.