Reuters – Federal Reserve Chairman Ben Bernanke said on Thursday he could not have legally saved Lehman Brothers from bankruptcy and the firm’s catastrophic failure in 2008 was a source of sadness. Link: Bernanke cites “sadness” in letting Lehman fail (Reuters) The Portland, Oregon bankruptcy attorneys …
Also tagged bernanke, firm, have-legally, lehman, lehman-brothers, oregon, said-on-thursdayReuters – U.S. chicken producer Pilgrim’s Pride Corp said on Monday it has emerged from bankruptcy protection, just over a year after beginning the process. See more here: Pilgrim’s Pride exits bankruptcy under JBS deal (Reuters)
Also tagged a-year-after, beginning-the, chicken-producer, exits-bankruptcy, has-emerged, jbs, monday, more-here, pilgrim, pride, pride-corp-, process, said-on-monday, year-afterAutomaker General Motors announced Monday it lost $1.2 billion since emerging from bankruptcy protection. The company also said it will begin repaying $6.7 billion in U.S. government loans with a $1.2 billion payment in December. E-Mail This Add to Del.icio.us View original post here: GM Reports Progress, …
Also tagged 6-7-billion, automaker-general, december-, del-icio-us, general, government-loans, monday, monday-it-lost, original-post, reports, reports-progress, said-it-will, since-emerging, will-beginguardian.co.uk GM Generates $3.3 Billion, Will Start Repaying Loans Bloomberg Nov. 16 (Bloomberg) — General Motors Co., signaling confidence in its recovery from bankruptcy, said it generated $3.3 billion in cash in the third quarter and plans to start repaying government loans early. … GM Posts $1.15 Billion Loss …
Also tagged general, general-motors, generates, government-loans, its-recovery, loans, posts, quarter-and, said-it-generated, signaling-confidence, start, start-repaying, thirdAfter a long, painful drain on the corporate piggy bank, General Motors Co. is actually saving money once again. The bailed-out automaker today announced its first quarterly results since emerging from bankruptcy, highlighted by the fact that it was able to increase its cash reserves by $3.3 billion in the …
Also tagged cash-reserves, drain-on-the, fact, general, increase-its, its-first, money-once, painful-drain, piggy-bank, the-, the-corporate, today-announcedThe Los Angeles Times’ owner wants four more months to plan its exit from Chapter 11 without interference. The company says it would emerge from bankruptcy May 31. Signaling that infighting among creditors is bogging down reorganization efforts, Tribune Co. has asked a U.S. Bankruptcy Court in Delaware to give …
Also tagged among-creditors, delaware, four-more, give-, has-asked, plan-its, tribuneNew York Daily News GM Generates $3.3 Billion in Cash, Will Start Repaying Loans Bloomberg Nov. 16 (Bloomberg) — General Motors Co., signaling confidence in its recovery from bankruptcy, said it generated $3.3 billion in cash in the third quarter and plans to start repaying government loans early. … …
Also tagged billion, early--, general-motors, generates, its-recovery, said-it-generated, signaling-confidence, the-thirdLong Beach-based Sea Launch says it expects the aerospace giant’s ownership role to end after the smaller company emerges from bankruptcy. After struggling for nearly 15 years to prop up an unusual way to launch satellites into space, Boeing Co. is expected to throw in the towel and walk away …
Also tagged aerospace, aerospace-giant, and-walk, away-, end-after, expects-the, into-space, launch, smaller, struggling-for, unusual-way(AP) Newspaper companies that have emerged from bankruptcy protection: American Community Newspapers LLC The operator of three daily newspapers, including the Stillwater Gazette near Minneapolis, filed for bankruptcy protection in April, saying it was running out of cash “without any p See the article here: Newspaper companies that have emerged from …
Also tagged april, article, filed-for, from-, have-emerged, including-the-stillwater, llc, minneapolis, stillwater, three-dailyReuters – Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans. Read more here: Tribune may exit bankruptcy this fall: report (Reuters)
Also tagged autumn, briefed-on-the, fall, may-exit, more-here, the-autumn, the-restructuring, tribune