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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles

Displaying items 78-88
  • Knight Capital's massive trading error results in $12-million SEC fine

    Knight Capital's massive trading error results in $12-million SEC fine
    Knight Capital Group's successor has agreed to pay $12 million to settle Securities and Exchange Commission allegations that it failed to have safeguards in place that could have prevented mistaken trades that caused more than $460 million in losses...
  • Mayors seek statewide vote on measure to allow pension-benefit cuts

    Mayors seek statewide vote on measure to allow pension-benefit cuts
    A group of Democratic and Republican mayors are hoping to qualify a measure for the November 2014 ballot that could dramatically reduce retirement benefits for current and future public employees. The measure, filed with the state attorney general&...
  • Lenders see some crazy excuses for dings on credit reports

    Lenders see some crazy excuses for dings on credit reports
    "The devil made me do it" was perhaps the most famous catchphrase of comedian Flip Wilson. And it was among the numerous excuses one potential borrower gave his lender to explain his lousy credit report. The 10-page letter of explanation ranged from...
  • Filing for Chapter 7 bankruptcy on the cheap

    Filing for Chapter 7 bankruptcy on the cheap
    Jane is behind the eight ball with her debt. She's looking at a Chapter 7 bankruptcy filing. Jane asks: Is there an easy and cheap way to do this? My answer: No, and yes. But be careful. ASK LAZ: Smart answers to consumer questions Chapter 7,...
  • Fresh & Easy files for Chapter 11 bankruptcy protection

    Fresh & Easy files for Chapter 11 bankruptcy protection
    Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 protection in U.S. Bankruptcy Court less than a month after being promised to Los Angeles billionaire Ron Burkle. The grocery chain, in the process of trading hands from British supermarket...
  • Tesco's Fresh & Easy declares bankruptcy to ease sale to Burkle

    Tesco's Fresh & Easy declares bankruptcy to ease sale to Burkle
    Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court, weeks after being promised to Los Angeles billionaire Ron Burkle. The grocery chain, which is in the process of trading hands from British supermarket...
  • New York City Opera near bankruptcy; Kickstarter effort falling short

    New York City Opera near bankruptcy; Kickstarter effort falling short
    New York's second-largest opera company appears to be on the brink of bankruptcy as an emergency fundraising effort is failing to meet its target, barring any last-minute miracle. The New York City Opera was looking to raise $1 million through...
  • Chrysler Group plans to resume trading its shares on stock market

    Chrysler Group plans to resume trading its shares on stock market
    Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust. The stock sale would not be a normal initial public offering, in which a...
  • Generous aid for relatives came at great personal cost

    Generous aid for relatives came at great personal cost
    Dear Liz: I have $40,000 in credit card debt due to home healthcare I had to provide for my mom, who lived with me for six years before she passed away in 2011. I filed a Veterans Affairs claim on her behalf but just got a VA check for $344 with no...
  • Eiji Toyoda, car family scion who developed Corolla and Lexus, dies

    Eiji Toyoda, car family scion who developed Corolla and Lexus, dies
    Eiji Toyoda, a family scion who spearheaded Toyota Motor Corp.'s aggressive push into the U.S. auto market, has died. He was 100. Toyoda, a cousin of the Japanese automaker's founder Kiichiro Toyoda, died of heart failure Tuesday at Toyota Memorial...
  • Penthouse publisher FriendFinder files for bankruptcy protection

    Penthouse publisher FriendFinder files for bankruptcy protection
    The company that owns Penthouse magazine and a host of online dating and adult websites filed for bankruptcy protection Tuesday. FriendFinder Networks Inc.'s move comes as many in the adult entertainment industry struggle because of an increase in...