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  • MERIDEN, Conn.— The parent company of Eastern Mountain Sports and Bob's Stores has filed for bankruptcy protection and plans to shutter several New England bricks-and-mortar locations. Eastern Mountain Sports sells outdoors gear, while Bob's is a discount footwear and clothing store. The New England EMS stores slated to close are in Foxborough,...

  • April 15- Solar energy company SunEdison Inc is preparing to file for bankruptcy as early as Sunday evening, a person with direct knowledge of the matter said on Friday. SunEdison, which had debt of about $12 billion as of Sept. 30, said in a filing on Friday that it was in talks for potential debtor-in-possession financing with some of its first and second-lien...

  • Energy Information Administration estimates coal production to fall 16 percent in 2016, which would be the largest annual percentage decline since 1958.. April 13, 2016: World's biggest private-sector coal producer, Peabody Energy Corp, filed for U.S. bankruptcy protection after it was unable to service its $10.1 billion debt it incurred mostly for an...

  • April 15- Grocery chain operator Fairway Group Holdings Corp has reached a tentative deal with creditors to restructure its debt in bankruptcy, Bloomberg reported, citing people familiar with the matter. Specific terms of the deal, including the size of the financing and whether store lease contracts for underperforming stores will be kept, are still under...

  • CHICAGO, April 15- U.S. shale oil producer Goodrich Petroleum Corp said on Friday that it filed for Chapter 11 bankruptcy protection with a plan to eliminate $400 million in debt from its balance sheet while it rides out a slump in commodities markets. The Houston- based exploration and production company, which has shale assets in Texas, Louisiana and...

  • April 15- Grocery chain operator Fairway Group Holdings Corp reached a tentative deal with creditors to restructure its debt in bankruptcy, Bloomberg reported, citing people familiar with the matter. The deal is likely to put the company into Chapter 11 proceedings by the end of May, the report said. Fairway was not immediately available for comment.

  • SunEdison, which is widely expected to file for bankruptcy soon, said it needs about $310 million to continue in operation as it estimates a cash shortfall of $260 million in June. The company's shares, which have lost nearly all of their value in the past 12 months, were down 23.6 percent at $0.44 in premarket trading. The company, which has racked up about $12...

  • April 14- Oil and gas producer Pacific Exploration& Production Corp said its board has agreed to negotiate a financial restructuring involving private-equity fund Catalyst Capital Group Inc and its creditors. Weak oil prices have forced numerous companies to delay paying interest, renegotiate agreements and even file for bankruptcy.

  • Energy XXI files for Chapter 11 bankruptcy protection

    The oil and gas producer will eliminate $2.8 billion in debt from its balance sheet through the restructuring.

  • April 14- U.S. oil and gas producer Energy XXI Ltd, which has operations in Louisiana, Texas and the Gulf of Mexico, said on Thursday it has filed for bankruptcy protection, becoming one of the biggest casualties of the oil rout to date. The company will eliminate more than $2.8 billion in debt from its balance sheet through the Chapter 11 restructuring, it said in a...

  • April 14- U.S. oil and gas producer Energy XXI Ltd, which has operations in Louisiana, Texas and the Gulf of Mexico, said on Thursday it has filed for bankruptcy protection, becoming one of the biggest casualties of the oil rout to date.

  • April 13- Oil and natural gas producer Energy XXI Ltd will prepare for bankruptcy protection as soon as a grace period for missed interest payments expires on Thursday, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The Houston- based company previously missed two interest payments on a total of $1.6 billion of debt on March 15,...

  • April 13- Leading global coal producer Peabody Energy Corp filed for U.S. bankruptcy protection on Wednesday after a sharp drop in coal prices left it unable to service debt of $10.1 billion, much of it incurred for an expansion into Australia. The Chapter 11 bankruptcy filing from Peabody, the world's biggest private-sector coal producer, ranks among the...

  • Peabody Energy files for bankruptcy protection

    The world's largest privately owned coal producer can't service a recent debt-fueled expansion into Australia.

  • April 13- Peabody Energy Corp, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in coal prices that left it unable to service a recent debt-fueled expansion into Australia. Peabody's Chapter 11 bankruptcy filing ranks among the largest in the commodities sector since energy and...

  • NEW YORK, April 12- The prospect of a near-term bankruptcy for solar giant SunEdison Inc also threatens the separate companies it created to hold renewable energy assets- the so-called "yieldcos." The companies- TerraForm Power Inc and TerraForm Global Inc- will likely avoid bankruptcy but may not escape unscathed, analysts and restructuring experts said.

  • PacSun store

    Here's a list of just some of retailers that have disappeared over the few decades. Bring on the nostalgia.

  • *Lists assets of $50 mln- $100 mln. *Golden Gate to take PacSun private. Chapter 11 filings by surfwear brand Quicksilver and teen retailer American Apparel, plans to be taken private by investment firm Golden Gate once it emerges from bankruptcy, it said in a statement on Thursday.

  • Pacific Sunwear files for bankruptcy

    The teen apparel retailer filed for Chapter 11 bankruptcy protection on Thursday.

  • Corporate profits are suffering a "gut wrenching slump ... and whole economy profits never normally fall this deeply without a recession unfolding."