US midday: Consumer data lifts shares ShareCast, UK In corporate news, carmaker Chrysler could avert bankruptcy after it reportedly struck a deal with its lenders to reduce the $7bn loan it was given. The terms of the deal have not been disclosed yet but it is thought the lenders, which include JPMorgan …
MiamiHerald.com CIT Files for one of the Largest Bankruptcies in US Corporate History ecPulse CIT filed for one of the biggest bankruptcy filings in the US corporate history, as a deal with its bondholders to exchange debt failed, as CIT explained … CIT Group files for bankruptcy Interactive Investor CIT, or the world’s least unexpected bankruptcy filing FT Alphaville (blog) all 1,434 news articles »
China aviation heads to clearer skies but clouds remain Financial Times As the latest countdown with destiny begins – Thomson in coming days must strike a deal with creditors or sink into bankruptcy – the valiant Mr Rose alone … and more »
Good, bad and ugly in Thomson’s TV thriller Financial Times As the countdown with destiny begins – Thomson must strike a deal with creditors in the coming days or sink into bankruptcy – Mr Rose alone now apparently …
Sunday newspaper round-up: Royal Bank of Scotland, HSBC, Lloyds ShareCast, UK Former Silverjet chairman and XL Leisure Group chief executive Peter Owen is believed to have struck a deal with creditors to annul his bankruptcy , in a move that could herald his return to the industry, says the Independent on Sunday. …
Sunday newspaper round-up: Royal Bank of Scotland, HSBC, Lloyds ShareCast, UK Former Silverjet chairman and XL Leisure Group chief executive Peter Owen is believed to have struck a deal with creditors to annul his bankruptcy , in a move that could herald his return to the industry, says the Independent on Sunday. …