The struggling retailer plans to raise $625 million through an offering of notes and warrants.
The new procedure will in theory keep an insolvent bank's counterparties from stepping in and seizing collateral during a crisis.
GT Advanced Technologies had spent money on ramping up production for the iPhone 6. But then Apple decided not to use its product for the phone's…
The struggling electronics retailer is getting a loan from its largest shareholder, which some creditors oppose because it might delay restructuring.
It never happened, of course. But AIG's former CEO Maurice Greenberg believes the federal government didn't have the authority to step in.
Doral Financial was proclaimed "significantly undercapitalized" by the FDIC and must immediately increase capital or submit a contingency plan.
The PCAOB alerts auditors that they still have a responsibility to independently evaluate whether a company is a going concern.
The bank's underwriting and sale of leveraged loans may not be in compliance with regulatory guidance issued just last year.
Just seven months into the job, John Feray has had enough. 'He made a mistake going there,' one analyst observes.
Speculative-grade issuers have to give a little more to get investors to buy new bond offerings.