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 global financial ...

Kodak CEO talks company's future

You can feel the spirit of George Eastman in Antonio Perez's office. A picture of Eastman, who founded Kodak in 1880, sits among the current CEO's collection of family photos. The outer areas of Perez's office, built and ...

Rocky road for electric car market

The road has gotten bumpier for electric cars, with Coda Automotive, one of what had been a promising crop of electric car startups, filing for bankruptcy protection this month.

Brands, patents can protect firms from bankruptcy

If a firm faces troubled times during a stable market, strong advertising can carry it through. But when the market is turbulent, a firm's Research and Development is more likely to help save it from bankruptcy. A new study ...

Nortel to sell itself off in pieces

(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.

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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).

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