MUMBAI (Reuters) – Shares in energy major Reliance Industries were choppy in early trade on Friday morning, after a newspaper report said the company has recently sweetened its offer to buy a controlling stake in bankrupt LyondellBasell . See the article here: Reliance shares choppy on sweetened Lyondell offer report The …
Also tagged a-newspaper-report, article, choppy-on-sweetened, early-trade, lyondell, reliance, trade-on-fridayWILMINGTON, Delaware (Reuters) – Washington Mutual Inc said it could receive an additional $2.6 billion in tax refunds due to a recently enacted law, sending shares of the bankrupt bank holding company soaring on Thursday. Continued here: WaMu says tax refund may double, shares soar See the article here: WaMu says tax …
Also tagged 2-6-billion, a-recently-enacted, article, bank-holding, delaware, says-tax, sending-shares, shares-soar, soaring-on-thursday, tax-refunds, thursday, thursday-continuedReuters – Citadel Broadcasting Corp , the third largest U.S. radio broadcaster, plans to file for bankruptcy as soon as Sunday, the Wall Street Journal reported on Saturday. See the article here: Citadel to file bankruptcy as soon as Sunday: report (Reuters) View post: Citadel to file bankruptcy as soon as …
Also tagged article, bankruptcy-as-soon, file-for, reported-on-saturday, street-journal, sunday, the-third, wallNEW YORK (Reuters) – U.S. small business lender CIT Group Inc headed to court on Tuesday to ask a New York bankruptcy judge for approval of its prepackaged reorganization plan. See the article here: CIT Group seeks judge’s OK on bankruptcy exit plan View original post here: CIT Group seeks judge’s OK …
Also tagged article, bankruptcy-exit, bankruptcy-judge, cit, for-approval, group, its-prepackaged, new, original-post, small-business, tuesday, yorkThe total number of bankruptcies filed in the third quarter surged 33% in 2009 and is at the highest level since 2005, according to data released Wednesday. Read more: Bankruptcies spike 33% See the article here: Bankruptcies spike 33%
Also tagged 2009-and, article, bankruptcies, data-released, highest, level-since, quarter-surged, the-highest, the-third, third, total-number, wednesday(Reuters) – Taylor-Wharton International LLC said it had reached an agreement in principle with lenders to restructure its debt and had filed for a pre-arranged voluntary Chapter 11 bankruptcy to implement the restructuring. See the article here: Taylor-Wharton International files for Chapter 11 See the original post: Taylor-Wharton International files for Chapter …
Also tagged and-had, article, chapter, filed-for, implement-the, its-debt-, llc, original, principle-with, restructuring, said-it-had, taylor-, the-originalWASHINGTON – (AP) Can’t pay the mortgage? You still might be able to stay in your home. Government-controlled mortgage company Fannie Mae is going to give borrowers on the verge of foreclosure the option of renting their homes for a year. The change announced Thursday could giv See the article here: …
Also tagged borrowers-on-the, fannie, give-borrowers, home, oreclosure-the-option, pay-the, renting-their, still-might, the-vergeCapmark Financial Group files for bankruptcy protection amid mounting loan losses Excerpt from: Capmark Financial Files for Bankruptcy Protection See the article here: Capmark Financial Files for Bankruptcy Protection
Also tagged amid-mounting, bankruptcy, bankruptcy-protection, capmark, files-, files-for, financial, loan-lossesAP – Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday. See the article here: Auto task force shocked by state of GM, Chrysler … Here is …
Also tagged a-federal-bailout, article, but-officials, general-motors, government-auto, management-at-general, the-former, weakened-their, wednesdaySAN DIEGO – (AP) Foreclosureswill peak by the end of next year and unemployment will climb above 10 percent as the housing market and U.S. economy grapple with the aftermath of the recession, the Mortgage Bankers Association’s chief economist said Tuesday. Jay Brinkmann’s forecast, released See the article here: MBA: Foreclosures, unemployment …
Also tagged article, association, brinkmann, chief-economist, foreclosures, grapple, market-and, mortgage, percent-as-the, recession, san, tuesday, with-the