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News tagged with bankruptcy

Kodak patent deemed invalid in fight with Apple-RIM

A US judge on Monday said a Kodak patent allegedly infringed upon by Apple and Blackberry-maker Research In Motion (RIM) was not valid, dealing another blow to the struggling photography pioneer.

Technology / Business

created May 22, 2012 | popularity 1 / 5 (3) | comments 0

Statistical analysis could predict bankrupt stocks

(Phys.org) -- During the 20-year period from 1989 to 2008, 21% of of all stocks listed in US stock markets became bankrupt. Since bankruptcies affect many investors and have played a large role in the recent ...

Other Sciences / Economics & Business

created May 03, 2012 | popularity 3.3 / 5 (7) | comments 9 | with audio podcast feature

Wireless startup LightSquared files for bankruptcy

LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.

Technology / Telecom

created May 14, 2012 | popularity 4.8 / 5 (4) | comments 6

Dish profit down 34 pct, but adds subscribers

(AP) -- Satellite TV provider Dish Network Corp. said Monday that it added subscribers in the first quarter, but net income dropped 34 percent and revenue growth fell short of Wall Street expectations.

Technology / Business

created May 07, 2012 | popularity not rated yet | comments 0

Former trailblazer Kodak files for Chapter 11

Is Kodak's moment past? The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from Japanese firms ...

Technology / Business

created Jan 19, 2012 | popularity 3.5 / 5 (2) | comments 5

Kodak to license laser projection patents to Imax

(AP) -- Eastman Kodak Co. said Sunday that it will license thousands of patents to Imax in a deal that will supply the troubled photography company with millions of dollars.

Technology / Business

created Oct 17, 2011 | popularity not rated yet | comments 0

Google bids $900 million for Nortel patents

Internet giant Google said Monday it is bidding $900 million to buy the patent portfolio of Canadian technology company Nortel at a bankruptcy auction.

Technology / Business

created Apr 04, 2011 | popularity 5 / 5 (2) | comments 4

Consortium prevails over Google for Nortel patents (Update)

(AP) -- A consortium that includes leading smartphone makers Apple and Research In Motion prevailed over Google this week with a $4.5 billion cash bid for about 6,000 patents and patent applications from ...

Technology / Business

created Jul 01, 2011 | popularity 5 / 5 (1) | comments 1

Eastman Kodak 1Q loss widens

(AP) -- Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales.

Technology / Business

created Apr 27, 2012 | popularity 1 / 5 (1) | comments 0

News aggregator Ongo to shut down

Online news service Ongo, which launched last year as a paid "aggregator" for various newspapers, said Tuesday it would close down by the end of the month.

Technology / Internet

created May 08, 2012 | popularity 4 / 5 (1) | comments 0

Shutterfly stock flies on Eastman Kodak deal

(AP) -- Shutterfly's stock climbed after the online photo publishing company emerged as the sole and thus the likely winning bidder for Eastman Kodak's online photo services business.

Technology / Business

created Apr 26, 2012 | popularity not rated yet | comments 0

Myths and shame keep many from seeking bankruptcy protection

(PhysOrg.com) -- Two interesting facts that may counter modern ideas about bankruptcy: The overwhelming majority of U.S. filings belong to individuals rather than corporations or entities, and most of these ...

Other Sciences / Economics & Business

created Feb 13, 2012 | popularity 3.7 / 5 (3) | comments 8

Utah jury decides Unix battle in favor of Novell

(AP) -- Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server operating system used by large corporations, a jury in Utah ...

Technology / Software

created Mar 31, 2010 | popularity 4.2 / 5 (10) | comments 3

Ford Fusion Hybrid wins 2010 car of year award

(AP) -- Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.

Technology / Energy & Green Tech

created Jan 11, 2010 | popularity 1 / 5 (1) | comments 1

Los Angeles Times to begin charging for online access

The Los Angeles Times said Friday that it will begin charging online readers next month, the latest major US newspaper to require a subscription to its website.

Technology / Internet

created Feb 24, 2012 | popularity 2 / 5 (2) | comments 7

Bankruptcy

Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).

For more information about Bankruptcy, read the full article at Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.