| American Express net tops estimates http://www.chicagotribune.c... Bankruptcy Articles Chicago Tribune - Provisions for losses in the U.S. surged 44 percent from what the company called "unusually" low levels a year earlier, when the after-effects of a new bankruptcy law cut bad debts. The report came out after the close of trading. In other earnings news ... |
| Australia's S&P/ASX 200 Climbs, Led by National Australia Bank http://www.bloomberg.com/ap... Bankruptcy Articles Bloomberg - Citic Securities Co. investment in New York-based Bear Stearns encouraged investor confidence in a bank that saw U.S. loan defaults push two of its hedge funds into bankruptcy. ``It's an indication of the sort of money people are willing ... |
| Neumann to file for bankruptcy http://www.chicagotribune.c... Bankruptcy Articles Chicago Tribune - Crippled by the downturn in the housing market, Neumann Homes, one of Chicago's largest home-building companies, said Monday that it plans to file for bankruptcy. Neumann, based in Warrenville, said it closed all of its sales, production and customer ... |
| Randolph selectmen terminate police officer http://www.boston.com/news/... Bankruptcy Articles Boston Globe - The town's lawyer, Peter Berry, argued that Estrela needed money because he had filed for bankruptcy in 2004. Selectmen met in closed session Saturday and voted 3 to 2 to fire Estrela. Selectmen Richard W. Wells, Maureen C. Kenney, and William ... |
| Auto briefs http://www.detnews.com/apps... Bankruptcy Articles Detroit News - Delphi Corp. , the biggest U.S. auto-parts maker, may sell the majority of its shock absorber and strut business as the company pares operations in bankruptcy. The company said on Monday that it hired W.Y. Campbell & Co. to seek buyers for the Global ... |
| Stern Files Claim Involving Smith Estate http://www.cbsnews.com/stor... Bankruptcy Articles CBS News - Stern filed his creditor's claim Oct. 18 in Los Angeles Superior Court, citing a contingent fee agreement on file in bankruptcy court. Smith, who died in February Florida, was the widow of Texas oil tycoon J. Howard Marshall II. She had been fighting ... |
| Chicago builder, Neumann Homes, closes branches, prepares bankruptcy ... http://www.chicagotribune.c... Bankruptcy Articles Chicago Tribune - Neumann Homes, one of Chicago's largest homebuilders, announced on Monday that it intends to file for bankruptcy. The company said in a press release at 5 p.m. that it had been "unable to procure adequate funding" to operate its business. Marketing ... |
| Jackson Defaults on $23M Loan http://www.foxnews.com/stor... Bankruptcy Articles FOX News - There is some speculation that cash-strapped Jackson could file for bankruptcy in the next 90 days to guard against further disasters. The beleaguered pop star — who I told you on Thursday recently admitted in sworn testimony to impairment due to ... |
| Off track expected for Breeders' Cup at Monmouth http://www.newsday.com/spor... Bankruptcy Articles Newsday - Street Sense is a deep closer, and betting them in the slop at speed-favoring Monmouth is a proven formula for bankruptcy. When asked how an off track would affect his Kentucky Derby winner's chances, trainer Carl Nafzger said, "Ask me on Saturday ... |
| Trader Talk Video Gallery http://www.cnbc.com/id/2148... Bankruptcy Articles CNBC - Cynics on the Street feel that Countrywide had nothing to lose--one trader noted to me that the stock was trading like they were going to file for bankruptcy--they didn't, and importantly they maintained a quarterly dividend of $0.15. Call it wildly ... |