You're surprised about a common occurrence in politics because it doesn't match your/logical beliefs?
Makes him look bad, same reason a US politician can't have a sex tape and get away with it.
Eastman Kodak Co. filed a Chapter 11 plan that cratered the stock and bumped up the unsecured notes, although the plan may be revised to pay off second-lien debt fully in cash, as Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their video. Next, Rochelle and Pacchia address a decision by a Delaware bankruptcy judge in the reorganization of School Specialty Inc. apparently holding that no make-whole premium will ever be too large for approval. The third item concerns a doctrine known as equitable estoppel, often used to stymie appeals from bankruptcy court approvals of reorganization plans. Chapter 11 plan. The final item is an opinion telling lawyers for consumer bankrupts how they can violate ethical rules when signing clients to flat-fee arrangements.
Eastman Kodak Co. has filed a plan to exit Chapter 11 bankruptcy protection that would hand ownership of the company to its bondholders and unsecured creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal.
I know, take a 200 million dollar loan, that will last a while
It is a Cayman Islands company, the money can easily go to the Caymans, and then to the US. There is something extremely fishy since they claim to have 600 million in cash!
Would you prefer they hit a country?? Of course they did.
Since you don't seem to care about human life, it is bad because it will cost literally trillions in the rebuild and war that will follow. Oh, and California is a huge revenue source. It's what.. the seventh largest world economy if it were a country?
Did you miss their successful ICBM tests and successful small warhead tests?
How would this headline affect the market? How would our relations with China be altered?
I mean a stock price of 4.93, and the options being sold for 80-85 cents.
Oh yeah, that wasn't counting XIN's actual dividend. So make that a 35% yield if the price isn't lower in 365 days.
If you sell the 5 dollar calls right now at a price of 4.93, you are making a 16% return in 6 months if the price stays where it is. Yearly, 32% if you sell contracts again in 6 months. You also reduce your downside by a full 1.6$ for the year. If I didn't believe this was headed to 4, I would take that return in a heartbeat.
"Our message boards on individual properties (like Yahoo! Finance and Yahoo! Fantasy Sports) will remain active"
So #$%$ does this have to do with us?
Maybe because they make 0 profit and there's no guarantee they will even when they start production?
Actually we're making a ton, you realize how far this has fallen from the highs? It's falling 5% a day when the market is green, LOL