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  • RadioShack files for Chapter 11 bankruptcy protection Thursday, 5 Feb 2015 | 5:32 PM ET

    Sept 11- Electronics retailer RadioShack Corp filed for Chapter 11 bankruptcy protection and said shareholder Standard General LP would buy 1,500 to 2,400 of its stores. RadioShack listed assets of $1.2 billion and liabilities of $1.39 billion in its bankruptcy petition in a Delaware court. The case is In Re: RadioShack Corp, Delaware Court, District of...

  • BRIEF-RadioShack files for Chapter 11 bankruptcy Thursday, 5 Feb 2015 | 5:14 PM ET

    *Files for chapter 11 bankruptcy-- court records. *Files with U.S. bankruptcy court in Delaware. *Says has $1.2 billion assets, $1.39 billion debts as of November 1, 2014.

  • RadioShack files Ch.11, plans Sprint partnership Thursday, 5 Feb 2015 | 5:12 PM ET
    Pedestrians walk past a RadioShack store in San Francisco.

    RadioShack filed its long-awaited bankruptcy papers Thursday evening.

  • Apparel retailer Cache files for bankruptcy Wednesday, 4 Feb 2015 | 6:28 AM ET

    Feb 4- Apparel retailer Cache Inc filed for Chapter 11 bankruptcy protection and the company said it was seeking a "stalking horse" bidder for its assets. The company said it had received commitment for debtor-in-possession financing of up to $22 million from Salus Capital Partners LLC. The mall-based retailer said in December that it was evaluating strategic...

  • Feb 3- Much hangs on the interpretation of a word, and in the case of Greece and the euro zone that word is: insolvent. "This is the trouble over the last five years with Greece. Creditors decline new advances, existing loans, where possible, are called and the debts of the insolvent, Greece, are no longer acceptable as collateral.

  • Retail FAIL: After RadioShack, who's next? Tuesday, 3 Feb 2015 | 1:40 PM ET
    Shoppers walk through the Tower City Mall in Cleveland, Ohio.

    Who could be the next retailer to close up shop after RadioShack? Brian Sozzi names his targets.

  • Look who may snap up some RadioShack stores Tuesday, 3 Feb 2015 | 5:53 AM ET
    RadioShack closes a store in New York.

    Amazon.com, Sprint consider acquiring some RadioShack stores after the troubled electronics retailer files for bankruptcy, Bloomberg reported.

  • Feb 2- Amazon.com Inc and Sprint Corp are considering acquiring some RadioShack stores after the troubled electronics retailer files for bankruptcy, Bloomberg reported, citing people with knowledge of the discussions. Amazon has considered using the RadioShack stores as showcases for the Seattle- based company's hardware as well as potential pickup and...

  • Feb 2- Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions. Sprint and RadioShack have also had talks about co-branding the stores, Bloomberg reported, citing two anonymous...

  • Sunac China to buy stake in troubled Kaisa: report Thursday, 29 Jan 2015 | 10:34 PM ET

    Sunac plans to buy a 49.3 percent stake in troubled Chinese developer Kaisa, which recently missed bond coupon payments, Caixin magazine reported.

  • Jan 28- The bankruptcy of the operating unit of Caesars Entertainment Corp's will proceed in Chicago, a victory for the casino company's private equity backers over its hedge fund creditors who wanted the case in Delaware. Bankruptcy Judge in Delaware sent shares of parent company Caesars Entertainment, which is controlled by Apollo Global Management and...

  • Jan 28- A U.S. bankruptcy judge said on Wednesday he would not transfer the bankruptcy filing of Caesars Entertainment Corp's operating unit to Delaware from Chicago, a victory for the company's private equity backers. Hedge funds creditors wanted the casino company's $10 billion debt-cutting plan reviewed under the legal standards of the Delaware court.

  • TOKYO, Jan 28- Japan's leading independent budget airline Skymark Airlines Inc filed for protection from creditors late on Wednesday, blaming a weak yen and a dispute with Airbus Group for its financial straits. "The company, believing the demands for breach-of-contract payments were unreasonable, attempted to negotiate a reduction in the payments with...

  • WILMINGTON, Del, Jan 27- The operating unit of Caesars Entertainment Corp will learn Wednesday whether its bankruptcy will proceed in Chicago, where the casino company filed for Chapter 11 this month, or in Delaware, a U.S. bankruptcy judge in Delaware said on Tuesday. Allowing the case to proceed in Chicago would be a victory for Caesars private equity backers,...

  • Jan 23- Moody's Investors Service slashed Atlantic City's credit rating six notches deeper into junk territory on Friday, a day after New Jersey Governor Chris Christie appointed an emergency manager with a mandate to consider a debt restructuring. Atlantic City has about $344 million of long-term debt outstanding. The order from Christie to consider a...

  • Remember these? One-hit wonder Super Bowl ads Friday, 23 Jan 2015 | 3:09 PM ET
    The Pets.com sock puppet dog stars in a commercial for the company, Jan. 11, 2000, in Los Angeles.

    Every year, first-time advertisers gamble millions in hopes of scoring big on game day and long afterward, but many come up short.

  • Jan 23- SkyMall, whose in-flight shopping catalogs have long been a staple of airline travel, has filed for bankruptcy protection, blaming changing consumer habits and the loss of contracts from two major carriers, Delta and Southwest. Xhibit and SkyMall filed for Chapter 11 protection from creditors on Thursday night in the U.S. bankruptcy court in Phoenix,...

  • In-flight catalog SkyMall files for bankruptcy Friday, 23 Jan 2015 | 10:55 AM ET

    Finding it hard to flourish in a smartphone-dominated world, in-flight catalog maker SkyMall has filed for bankruptcy, according to a court filing.

  • Garlock, a unit of EnPro Industries, filed for bankruptcy in 2010 in Charlotte, North Carolina, in the face of the mounting cost of asbestos lawsuits. Golini allegedly told Philadelphia- based Shein he was exposed to 14 asbestos products made by bankrupt companies including Owens Corning and Armstrong World Industries. After Garlock settled with Golini, Shein...