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 ...

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.

Kodak to receive $525M from patent sale (Update)

Eastman Kodak is selling its digital imaging patents for about $525 million, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.

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 in the 1980s ...

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.

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 bankrupt telecom-equipment ...

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.

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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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