Visteon asks bankruptcy court to OK $150 million financing package - Crain’s Detroit Business
Increased parts orders coming into the supplier will drain the company’s coffers from a current $240 million of available cash to less than $150 million by March 2010 without an additional infusion, Visteon CFO William Quigley and Todd Snyder
CIT Bondholders May Have To Wait To Learn Lender’s Fate - NASDAQ
NEW YORK -(Dow Jones)- CIT Group Inc.’s (CIT) bondholders have only until midnight Thursday to cast their votes on the future of the embattled commercial lender, but they may have to wait until sometime over the weekend to finally learn its fate
Real Times Media - Michigan Chronicle
The Internal Revenue Service has announced a special event called Solution Saturday. This program offers personalized tax help for over four million taxpayers in the metro Detroit area, one of only five cities around the country sponsoring the event
Canwest says National Post might fold - WTOP Radio
TORONTO (AP) - Canada’s beleaguered media giant Canwest Global Communications says it will shut down the unprofitable National Post newspaper if its operations are not transferred to a different holding company by Friday. The company said in a court
FairPoint phone company files for bankruptcy - NBC 2
PORTLAND, Maine (AP) - FairPoint Communications Inc. had its work cut out when it grew sixfold overnight by buying Verizon Communications’ landline and Internet operations in three New England states. But the nation’s credit crisis and a bungled
FairPoint calls on unions to help avoid bankruptcy - Times-Argus
MONTPELIER – FairPoint Communications executives met with union leaders behind closed doors in Boston Thursday as the troubled telecommunications company continued to seek ways to avoid financial bankruptcy. Executives from the company, which
Visteon asks bankruptcy court to OK $150 million financing package - Crain’s Detroit Business
Increased parts orders coming into the supplier will drain the company’s coffers from a current $240 million of available cash to less than $150 million by March 2010 without an additional infusion, Visteon CFO William Quigley and Todd Snyder
CIT Bondholders May Have To Wait To Learn Lender’s Fate - NASDAQ
NEW YORK -(Dow Jones)- CIT Group Inc.’s (CIT) bondholders have only until midnight Thursday to cast their votes on the future of the embattled commercial lender, but they may have to wait until sometime over the weekend to finally learn its fate
Real Times Media - Michigan Chronicle
The Internal Revenue Service has announced a special event called Solution Saturday. This program offers personalized tax help for over four million taxpayers in the metro Detroit area, one of only five cities around the country sponsoring the event
Canwest says National Post might fold - WTOP Radio
TORONTO (AP) - Canada’s beleaguered media giant Canwest Global Communications says it will shut down the unprofitable National Post newspaper if its operations are not transferred to a different holding company by Friday. The company said in a court
FairPoint phone company files for bankruptcy - NBC 2
PORTLAND, Maine (AP) - FairPoint Communications Inc. had its work cut out when it grew sixfold overnight by buying Verizon Communications’ landline and Internet operations in three New England states. But the nation’s credit crisis and a bungled
FairPoint calls on unions to help avoid bankruptcy - Times-Argus
MONTPELIER – FairPoint Communications executives met with union leaders behind closed doors in Boston Thursday as the troubled telecommunications company continued to seek ways to avoid financial bankruptcy. Executives from the company, which