Boscov's Department Stores File Chapter 11 Bankruptcy

Ground Report 4 years ago Region: Pennsylvania

Boscov's Department Stores, the country's largest family-owned independent department store chain, has filed chapter 11 bankruptcy. The company will close 10 stores and is up for sale. Boscov's is headquartered in Reading... more

Views: 1568

Factoring & Invoice Discounting in demand as banks reduce business lending

Factoringhelpline 2 years ago Region: United Kingdom (Great Britain)

Bank lending to small businesses fell in the first two months of this year according to reports from the UK banking secto. This is causing business owver to take other forms of business finance such as factoring and invoic... more

Views: 1009

Iceland Nationalizes Third Major Bank, Halts Stock Trading

Finding Dulcinea 4 years ago Region: Iceland

In a move to prevent its teetering economy from falling into bankruptcy, Iceland ceased all trading on its stock exchange until Monday, and took over Kaupthing, the country's largest bank. Awash in Red On Thursday,... more

Views: 1333

Wall Street tumbled after the collapsed of Lehman Brothers Inc

ARC IDEA CO 4 years ago Region: New York

It was a trading session on 16 September 2008. Dow Jones Industrial Average Index, DJI was seen deeply in red along side with its comtemporary like Nasdaq, S&P 500 and so on. Global markets were thrown in a state of panic ... more

Views: 1233

Lehman says it will file for bankruptcy

Online Reporter 4 years ago Region: California

End of an era on the Wall Street! Lehman Brothers, one of the most respected investment banking firm says, it will file for bankruptcy. Lehman was looking for buyers last week, after it has announced a 4 billion loss owin... more

Views: 944

The Bright Side of the End of Bennigans

Doug DuCap 4 years ago Region: United States

With the recent news that restaurant chains Bennigans and Steak and Ale are declaring bankruptcy, a possible silver lining is starting to emerge from the dark clouds of the American casual dining scene; the rise of the loc... more

Views: 1603

Get out of debt in 5 easy steps

Jacqueline O'Donnell 5 years ago Region: Australia

STEP 1 FACE THE TRUTH Be honest about your finances. So often we end up in debt by ignoring bills, pretending that next month's pay will cover what's coming in... you know the tricks. If you are serious about getting out... more

Views: 827