Banco Popular bought $3.25 billion of Doral's assets and paid the FDIC a premium of 1.59% for the failed Puerto Rican bank’s deposits.
A jury rejected Ira Rennert's defense that the company failed because of the early 2000s recession and not because he raided it for more than $100…
Shareholder Standard General has the lead bid, and a bankruptcy court has approved its use of "credit-bidding" to buy some of RadioShack's stores.
The spread on a one-year swap contract to insure against a Sears default rose significantly this week.
The SEC and the Ontario Securities Commission are looking into trades made after a report of a possible Blackberry takeover by Samsung.
Electronic-device use on airplanes helped doom the in-fight shopping catalog.
The paperwork error, which unsecured a secured loan to General Motors, wasn't spotted until GM filed for bankruptcy in 2009.
Poor distribution by Target reportedly meant that shelves lacked basic products.
Three days after disgruntled shareholders file their action, the entertainment company files its own.
The seemingly inevitable end may be near for the once-iconic retailer.