All posts tagged "Bankruptcy"

  • Bitcoin
    Mt Gox Bankruptcy Claimants Are Not Happy With Possible Distribution Outcome

    news This week Kolin Burges of the web page “Mtgoxprotest,” wrote an interesting new blog publish referred...

  • Business
    Westinghouse Electric is filing for bankruptcy

    troubled U.S. nuclear business Westinghouse electrical is submitting for chapter, its jap proprietor Toshiba mentioned Wednesday. Toshiba...

  • Business
    Under Armour upgraded as Sports Authority bankruptcy threat fades

    underneath Armour Inc. UA, +1.30% was upgraded to outperform from market perform at Wells Fargo on Monday as considerations about the influence of The sports activities Authority bankruptcy fades. The athletic attire and equipment company’s valuation range was elevated to $ 44-$ 46 from $ 38-$ 42. The sports activities Authority’s share...

  • Business
    Dick's Sporting Goods' stock soars toward record close after Golfsmith bankruptcy

    Dick’s sporting items Inc.’s inventory DKS, +2.42% surged 2.four% in noon trade Thursday, striking it on track for a file shut, within the wake Golfsmith’s bankruptcy filing. Deutsche financial institution analyst Mike Baker wrote in word to clients Wednesday that a Golfsmith chapter could be “an incremental sure” for Dick’s, as it...

  • Cyber Security
    The Wall Street Journal: Troubled Hanjin Shipping files for bankruptcy in U.S.

    South Korea’s Hanjin shipping Co., probably the most world’s largest container delivery companies, has filed for chapter protection within the U.S. to give protection to its vessels from being seized by collectors. Hanjin 117930, -zero.eighty one%   filed Friday for protection below chapter 15, the component to the U.S. bankruptcy code that...

  • Cyber Security
    The Wall Street Journal: Univision scoops up Gawker for $135 million at bankruptcy auction

    Univision Communications Inc. received a courtroom-administered auction for Gawker Media crew, outbidding Ziff Davis for keep watch over of the 14-year-outdated digital media pioneer that used to be forced out of business via a pricey criminal battle with former skilled wrestler Hulk Hogan. Univision came out on high with a bid of...

  • Business
    KaloBios emerges from chapter, with rights to a brand new rare disease treatment

    KaloBios pharmaceuticals Inc., the drug maker formerly run by using Martin Shkreli, said Friday it emerged from bankruptcy. the corporate emerged with exit equity financing of $ 11 million, which is along with the $ three million debtor-in-possession financing it acquired in may. KaloBios said it obtained the rights to advance benznidazole...

  • Business
    Gawker Media files for bankruptcy after losing felony fight with Hulk Hogan

    Gawker Media LLC, bruised after dropping a pricey felony struggle with professional wrestler Hulk Hogan, has filed for Chapter 11 chapter safety, in step with a submitting. The digital writer used to be sued with the aid of Hogan, whose real identify is Terry Bollea, for violating his privateness with the aid...

  • Business
    Hercules Offshore's inventory tumbles after bankruptcy submitting

    Shares of Hercules Offshore Inc. HERO, +zero.71% tumbled 19% in premarket trade Monday, after the oil products and services company mentioned it has filed for chapter, as it places all of its belongings up on the market. The filing comes after the company mentioned ninety nine.7% of its first lien debt holders...

  • Business
    Linn power shares down 25% after chapter information

    Linn energy LLC LINE, -2.76% shares fell more than 25% late Wednesday after information the corporate has filed for Chapter eleven bankruptcy safety to enforce a debt restructuring. Linn shares had been halted earlier pending news. the corporate stated it expects customary operations to continue. The stock ended the common Wednesday session...

  • Cyber Security
    SunEdison’s inventory plunges after buyers reminded of chapter dangers

    SunEdison Inc.’s inventory plunged in heavy quantity Friday, reversing the previous session’s surge, after investors were reminded...

  • Business
    SunEdison falls greater than 50% after report of bankruptcy plans

    SunEdison Inc. SUNE, -20.40% stock, which has been plunging amid an investigation through the Securities and trade commission, was once cut in half in late trading Friday after a record that the company is making ready to declare chapter. The Wall side road Journal suggested Friday afternoon that SunEdison plans to to...

  • Startups
    id verification startup Jumio information for chapter, will promote assets to early backer Eduardo Saverin

    Jumio, the Andreessen Horowitz-funded cellular and online credentials authentication business, whose technology can scan and skim information from...

  • Fintech
    What Your lawyers Don't tell you About chapter

    With the entire ads on television, radio, and the web, you’ll assume that personal bankruptcy is a straightforward option on your financial woes. flawed! My first suggestion: Get a bankruptcy attorney (and make sure they have got the fitting credentials. My subsequent advice: Do your research. And,...