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- N.C. farmers remain on shaky financial ground 23 Nov 2009 22:34 GMT
... production company owned by the daughter of former U.S. Sen. Lauch Faircloth, filed for bankruptcy protection. In a written statement, the company cited two years of losses attributed to ...
- US STOCKS-Stronger housing, weaker dollar boost Wall St 23 Nov 2009 22:33 GMT
... $12.01 after it agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks . Tel: +1 646-223-6314; Reuters Messaging: ((Multimedia versions of Reuters Top News ...
- Weak dollar helps Cat, McDonald's, hurts Komatsu 23 Nov 2009 22:33 GMT
... in Rolling Meadows and Oak Brook. Ford, the only major U.S. automaker to avoid bankruptcy, has risen 22 percent in the fourth quarter, compared with a 10 percent decline ...
- Carl Icahn offers $155 million for Fontainebleau, outbids Penn National 23 Nov 2009 22:32 GMT
... offering about $155 million in cash and financing today. During a hearing in Miami's bankruptcy court, Penn National Gaming initially competed with Icahn but then dropped out of the ...
- Ciena will pay $US769M for Nortel's metro Ethernet business 23 Nov 2009 22:31 GMT
... on Oct. 7. The approval of the deal is set to be heard by bankruptcy courts in the U.S. and Canada on Dec. 2, Nortel and Ciena said. Nokia ...
- Bi-Lo files reorganization plan with bankruptcy court 23 Nov 2009 22:31 GMT
... - Bi-Lo said it has filed its reorganization plan with bankruptcy court. The plan, sponsored by Lone Star Funds, includes a $350 million cash infusion, ...
- Reliance's bid for Lyondell may be first of several 23 Nov 2009 22:31 GMT
... may well be the first of several bids for the bankrupt major, analysts said on Monday. "It's a starting point. You have to put something ...
- Leo Robbins & Sons Petitioned for $1.37M 23 Nov 2009 22:18 GMT
... an involuntary petition against retailer Leo Robbins & Sons of Philadelphia in United States Bankruptcy Court, Eastern District of Pennsylvania, citing unpaid invoices totaling $1.37 million. The retailer operates ...
- Ciena feels the Nortel taint 23 Nov 2009 22:18 GMT
... had won an auction to buy the optical-networking and ethernet assets of Nortel, the bankrupt Canadian telecom equipment maker. Ciena will fork over $769-million (U.S.) for the assets after ...
- Shoppers help drive rebound, BlackBerry Curve top seller 23 Nov 2009 22:15 GMT
... however, that it does not expect shareholders to get anything from its travels through bankruptcy protection. ...
- Op-Ed Contributor: Taking Taxpayers for a Ride 23 Nov 2009 22:15 GMT
... overshadowed the real news of the day: G.M. had lost $1.2 billion since exiting bankruptcy in July, and its fourth-quarter results were expected to be worse. The company's chief ...
- CUNA/CFA 10th Annual Survey of Consumer Holiday Spending Attitudes, Plus Spending Tips 23 Nov 2009 22:14 GMT
... fees can erode its value to zero; the store that issued it can go bankrupt or stop honoring gift cards. If you give or receive a gift card, read ...
- UPDATE 1-Altius Minerals says NLRC to emerge out of bankruptcy 23 Nov 2009 22:13 GMT
... Refining Corp (NLRC), in which it owns 37 percent, is to emerge out of bankruptcy as NLRC received a court approval for its creditor proposal. The proposal, approved by ...
- Ciena will pay US$769M for Nortel's metro Ethernet business 23 Nov 2009 22:13 GMT
... on October 7. The approval of the deal is set to be heard by bankruptcy courts in the US and Canada on December 2, Nortel and Ciena said. Nokia ...
- Trucking index dips in October 23 Nov 2009 22:12 GMT
... Park. The company has negotiated with union workers, pension funds and lenders to avoid bankruptcy. Compared with October 2008, the index dropped 5.2 percent, though that was the best ...
- Feds ban Brooke Corp. founders from banking for life 23 Nov 2009 22:12 GMT
... Robert and Leland Orr, founders of bankrupt , have been banned for life from the banking industry. Robert Orr formerly was ...
- The Business of Bankruptcy 23 Nov 2009 22:12 GMT
... The lead bankruptcy attorney for Circuit City Stores Inc. charges $945 per hour, or $15.75 a minute. ...
- Stronger housing, weaker dollar boost Wall Street 23 Nov 2009 22:12 GMT
... $12.01 after it agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Network . (Reporting by Edward Krudy; Editing by Kenneth Barry) 2009 Thomson Reuters. ...
- Magna wins contract for next-gen GM truck frames 23 Nov 2009 22:12 GMT
... off from the Magna plant in response to GM production shutdowns during the automaker's bankruptcy proceedings. Between 500 and 550 of the workers were called back in July. Ford ...
- Monday outlook: Stock markets to open higher 23 Nov 2009 22:03 GMT
... to at least 2,000 Nortel employees after it won a three-day auction for the bankrupt Canadian company’s optical and Ethernet business units. Ciena’s final cash and debt offer was ...
- US STOCKS-Wall St rallies on weak dollar, strong home sales 23 Nov 2009 22:03 GMT
... $12.01 after it agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks . Tel: +1 646-223-6314; Reuters Messaging: ((Multimedia versions of Reuters Top News ...
- Camus' children torn over Pantheon transfer bid 23 Nov 2009 22:03 GMT
... works include "The Plague," "The Rebel," and "The Stranger" _ his novel about moral bankruptcy and alienation set in Algeria. Camus was born and raised in the slums of ...
- UPDATE 2-GM to present plan to fix Opel this week 23 Nov 2009 22:02 GMT
... overcrowded car market remains cut-throat, the same problems that pushed parent General Motors into bankruptcy. GM's core businesses have been stripped out and moved into a holding company. It ...
- Hunters lodge complaints against meat processor 23 Nov 2009 22:01 GMT
... about it. People don't seem to want to drive us out of business or bankrupt us." Tanana Valley Meats has gone through a tumultuous few years. Started as B-Y ...
- US STOCKS-Wall Street gains on weak dollar, strong home sales 23 Nov 2009 22:00 GMT
... $11.91 after it agreed to buy the optical networking and ethernet equipment businesses of bankrupt Nortel Networks . (Reporting by Angela Moon; Editing by Jan Paschal) To access running ...
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