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Showing posts with label bankruptcy. Show all posts
Showing posts with label bankruptcy. Show all posts

September 13, 2014

RadioShack seeks rescue and warns of bankruptcy

US electronics retailer RadioShack has said that it is in talks to restructure the firm but warned that if an investment is not secured soon, it could be forced to declare bankruptcy.

April 17, 2014

GM asks bankruptcy judge for special protection to head off lawsuits

General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.

August 22, 2013

Eastman Kodak gains approval to come out of bankruptcy

Eastman Kodak has gained court approval to come out of bankruptcy as a much smaller digital imaging company.

August 09, 2013

Toyota just keeps roaring back

General Motors (GM, Fortune 500), Ford (F, Fortune 500), and Chrysler have been gaining ground from competitors, posting solid profits, and winning historic praise for the quality and drivability of their products.

April 07, 2013

'Green' car maker Fisker fires 75 pct of workforce

DETROIT: Fisker Automotive, the struggling government-backed hybrid sports car maker, on Friday terminated most of its rank-and-file employees in what sources said was a last-ditch effort to conserve cash and stave off a potential bankruptcy filing.

November 07, 2012

Suzuki to stop U.S. auto sales, exit market

HONG KONG (CNNMoney) -- Japan-based Suzuki said Tuesday that it was closing its American auto distributor and exiting the U.S. car market.

August 16, 2012

Virgin Trains loses West Coast Mainline franchise

Virgin Rail has lost its bid to continue running the West Coast Mainline and will be replaced by the UK's largest rail operator, FirstGroup.

June 09, 2012

Chinese and Japanese investors bid for Saab

STOCKHOLM: A group of Chinese and Japanese investors have submitted an offer to take over bankrupt Swedish carmaker Saab, a spokesman said on Thursday.