Bankrupt Companies

Latest News for: Bankrupt companies

Edit

OP-ED: Lawmakers need to learn from history

Observer-Reporter 23 May 2019

When the coal was depleted and when mining companies went bankrupt, abandoned mines filled with water, eventually discharging the resulting poison into streams and rivers ... When longwall mining came along in the late 20th century, our lawmakers allowed coal companies to undermine ......

Edit

Tesla keeps getting hammered and if the beating doesn't stop, it may need another tech giant like Apple to save it, experts say

The Times of India 22 May 2019

Even in the worst-case scenario, Tesla is unlikely to go bankrupt, said the Center for Automotive Research's Brett Smith and Morningstar's David Whiston.Instead, it's more likely another company would take a major stake in Tesla or buy it, said Smith and Kelley Blue Book's Karl ......

Edit

MediaNews Group closes in on Reading Eagle purchase

Business Journal 22 May 2019

The bankrupt Reading Eagle Company is all but certain to be the latest region newspaper company swallowed up by MediaNews Group. The two groups were in federal bankruptcy court Wednesday morning, discussing the details of an asset purchase agreement filed Tuesday, according to a news report in the Reading Eagle ... ....

Edit

Bitcoin [BTC]: Dutch man dupes investors of $26 million after promising returns on Bitcoin mining rigs

AMB Crypto 22 May 2019

The accused, a man of 33, claimed to be the Director of two companies which sold Bitcoin mining rigs ... One of his said companies, Koniz Trading, Lelystad had already been declared bankrupt last year after the accused was charged with fraud. The company was into buying and selling ......

Edit

Bankruptcy judge to approve sale of Reading Eagle

ABC News 22 May 2019

A federal judge says he intends to approval the sale of the bankrupt Reading Eagle to a company known for taking over struggling newspapers and then cutting jobs ... ....

Edit

New Zealand crews reenter coal mine 8 years after 29 killed

Arab News 22 May 2019

An earlier investigation concluded the Pike River Coal company had exposed miners to unacceptable risks as it strove to meet financial targets. The report found the company ignored 21 warnings that methane gas had accumulated to explosive levels before the disaster. The company, which went bankrupt, didn’t contest labor violation charges against it....

Edit

Archrock And Its Growing Services Division

Seeking Alpha 22 May 2019

Archrock (AROC) is a one of the two biggest companies in the natural gas compression space ... Gas prices have an indirect effect on the company; if natural gas prices get very low gas E&P companies could start going bankrupt (not being able to meet their obligations)....

Edit

Emails Reveal PG&E Efforts to Avoid Fines Over San Bruno

NBCBayArea 22 May 2019

While PG&E has since been separately fined $86.5 million more for backchannel communications with state regulators, that sum does not reflect the latest emails the bankrupt company recently turned over as part of the CPUC proceeding over ex-parte, or one-sided communications with state regulators....

Edit

GNC Holdings: The Turnaround Is Taking Hold, But The Market Is Impatient

Seeking Alpha 22 May 2019

Company Presentation, December 2018 ... Company Presentation, December 2018 ... The market is pricing as if GNC is going bankrupt; although they are definitely challenged, the company is focused on getting its operations turned around and I believe they have already made big steps; they are managing their working capital as well to boost its cash levels....

Edit

Deere And Caterpillar Are Not Dogs; Thanks Bears, I'm Buying More

Seeking Alpha 22 May 2019

As a retiree interested in long-term wealth preservation, I sleep well at night, owning very large, dominant companies in essential industries, trading at significant discounts (at least 30% cheaper on a P/E basis) to a richly-priced market (SPY) ... More than once, the companies simply eliminated the dividends and then went bankrupt....

Edit

Alabama editorial roundup

Decatur Daily 22 May 2019

Recent editorials from Alabama newspapers . ... ——— ... ... Excuse us if we're not reassured by the backing of Bannon, Schilling, a former baseball player whose bankrupt video game company left Rhode Island taxpayers holding the bag, and Clarke, a disgraced former lawman who is so toxic that Fox News and a pro-Trump super PAC both quietly showed him the door ... ....

Edit

Opinion: Fans of Tesla’s stock might find the car maker’s bonds a profitable investment

Market Watch 21 May 2019

... best way to invest in it, assuming it will survive or merge with another company — in other words, that it won’t go bankrupt....

Edit

Vendor risk management & federal IT

Federal News Radio 21 May 2019

This week on Federal Tech Talk, Jake Olcott, vice president of Communications and Government Affairs at BitSight, joins host John Gilroy to discuss how his company is helping federal information technology professionals reduce cyber risk and avoid breaches caused by third party vendors ... What can happen? The third party can go bankrupt....