The number of bankruptcies among publicly traded U.S. companies has climbed to the highest first-quarter level for five years.» Read More
WILMINGTON, Del, April 14- The number of bankruptcies among publicly traded U.S. companies has climbed to the highest first-quarter level for five years, according to a Reuters analysis of data from research firm bankruptcompanynews.com. The $34 billion in assets held by the 26 companies is the second highest for a first quarter in the past decade.
BOSTON, Jan 9- Big European and American banks have found a productive place to park the energy sector's most distressed debt: the $2.7 trillion U.S. money market industry. Barclays Bank plc, Credit Suisse and Wells Fargo and others get overnight and short-term loans from companies that run money market mutual funds such as Fidelity Investments, BlackRock Inc,...
BOSTON, Dec 17- Independent oil exploration and production companies are leaning heavily on bank credit lines to survive plunging crude prices, making it a nervous time for U.S. funds holding their junk-rated debt. 'said Francis Bradley III, a Greenberg Traurig attorney in Houston who specializes in energy company financing deals. " U.S. mutual funds hold an...
HOUSTON, Dec 12- Banks are responding to tumbling crude prices by trimming the value of oil reserves tied to credit lines, possibly causing a cash crunch for some highly-leveraged U.S. exploration and production firms. But I don't think anybody is going to be able to add on significantly more debt, "said Christian Ledoux, a senior portfolio manager at San Antonio-...
Chatter the Federal Reserve may stop its taper program is premature. It would have to believe the U.S. economy is undeniably slowing.
FORT WORTH, Texas-- Shares of Quicksilver Resources Inc. tumbled Tuesday after the natural gas producer posted a $651.8 million third-quarter loss, hurt by one-time charges and a drop in natural gas prices.
One analyst for TheStreet.com take a closer look at several stocks under $10 that were making large moves to the upside on Thursday.
NEW YORK, Oct 1- Small cap stocks rallied on Monday as a surprise expansion in the U.S. manufacturing sector quieted concerns about economic growth at a time when central banks are seen continuing to support markets. The ISM number suggests that things are not that bad, "said Adam Sarhan, chief executive officer at Sarhan Capital in New York."
Shares of the following companies are showing unusual moves in Wednesday's trading session.
With the recent run-up in oil prices, have some of the energy names gone too high?
Cramer makes the call on viewers' favorite stocks.
Here's why you should keep a close eye on these six stocks.
Stocks open slightly up despite a disappointing September industrial production report. Last month’s decline was the first decline in 15 months. The poor data sent the dollar to its lows of the sessions.
Stocks closed mixed as technology companies pulled the Nasdaq and Dow higher, although investors didn't have enough conviction in the future of the economy to break out of a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks remained mixed Thursday ahead of the close as technology stocks pulled the Nasdaq higher and lifted the Dow, although Wall Street largely remained locked in a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks clung to modest losses Thursday after a mixed batch of economic data failed to convince investors to move prices higher. Alcoa and Bank of America fell, HP and Cisco rose.
Following are moves you might have missed. Find out why shares of H&R Block and Apollo Group popped while Silver Wheaton and the airlines dropped.
The Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Founded by two California surfers who decided they needed to finance their days on the beach, this surf and sport lifestyle company has become a favorite of other famous beach bums like Jack Johnson and Kelly Slater. And investors were surfing the shares today after the company's earnings beat the Street. Who is it?
For the week ending Friday, July 11, 2008, the U.S. markets finished in bear market territory with the Dow dipping below 11,000 during intraday for the first time in 2 years.