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Report: GM stock prices finally eclipse $33 IPO price
Autoblog.comFiled under: GM, Earnings/Financials General Motors has reached an important milestone this morning: the price for one share of the company has climbed to over $33. That's higher than the Initial Public Offering price from 2010. At roughly 12:15PM Eastern... -
Bridgeport Is Worse Off Than Stockton
Stockton is one of California's larger cities. Nearly a year ago, its city council voted to file for bankruptcy. This is the largest municipal bankruptcy filing in the nation's history. Bridgeport, however, is in worse financial condition that Stockton...Tags: Economy, Business and Finance, Interior Policy, Chris Shays, Employees, Finance
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: Hybrid Vehicles, Economy, Business and Finance, Elan Corporation Plc, Toyota, Chrysler
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Fiat weighs shifting its HQ to the U.S.
Fiat, the century-old Italian automaker, appears poised to move its headquarters to the U.S. after its planned merger with Chrysler Group. The move would be unprecedented in the automotive industry, experts said, because of Fiat's deep roots. "To...
Tags: Economy, Business and Finance, Kelley Blue Book LLC, New York City, Finance, Big 3 Auto Bailout (2008)
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Casey Anthony's attorneys: Judge Perry 'eviscerated' her chance of fair defamation trial
Casey Anthony's bankruptcy attorneys said Judge Belvin Perry "completely eviscerated" her chance of having a fair defamation trial in Orlando because of public comments he recently made about her first-degree murder case. Perry, the chief judge of the...
Tags: Kissimmee, Lawyers, Trials, Casey Anthony, Justice System
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Report: Detroit is broke; could bankruptcy lie ahead?
DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't receive paychecks, retirees lose their...
Tags: Economy, Business and Finance, Interior Policy, Executive Branch, Bank of America Corp., Government
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Rosenthal: Restaurants don't recede in recession, but appetites change
If you want to assess America's economic health, you can do worse than examining Americans' appetite for eating at or taking out from restaurants. We are as we eat. So it was an eye-opener when the owner of 33 Chicago-area Applebee's franchises, which...
Tags: Sales, Companies and Corporations, Economy, Business and Finance, Cheesecake Factory, Business
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05/13: Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Central Orlando Properties LLC, 840 Kenilworth Terrace, Orlando. Filed: May 3. Estimated assets: $0 to $50,000....
Tags: Economy, Business and Finance, Companies and Corporations, Business, Bank of America Corp., Orlando
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Bankruptcies: May 12
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 2-8. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers whose...Tags: Bankruptcy
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Judge grants foreclosure of hundreds of run-down Orlando apartments
A state judge on Friday granted the foreclosure of seven west Orlando apartment complexes with hundreds of units, the latest twist in the long-running story of some of the city's most run-down housing. Circuit Judge Alice Blackwell ruled that the...
Tags: Fannie Mae, Economy, Business and Finance, Finance, Justice System, Crime, Law and Justice
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Chicago Rush owner ousted by league, which takes over team
When David Staral Jr. stepped up in early February to purchase the Chicago Rush from the Arena Football League, he promised ownership stability to a beleaguered franchise. Three months later, Staral, whose own troubled financial history included...
Tags: Economy, Business and Finance, Chicago Rush, Finance, Arena Football League, Groupon, Inc.
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Developers buy Rhythm & Hues' ex-headquarters in El Segundo
The former El Segundo headquarters of the visual effects studio Rhythm & Hues has been sold for $25 million to real estate developers who plan to upgrade it and turn it into an office campus for creative firms. Rhythm & Hues was acquired in March in a...
Tags: Defense Equipment, Real Estate Buyers, Services and Shopping, Bankruptcy, Investments
May 17, 2013
|Blog| Autoblog.com
May 17, 2013
|Story| Hartford Courant
May 16, 2013
|Blog| Cars.com
May 17, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Orlando Sentinel
May 13, 2013
|Story| Petoskey News
May 12, 2013
|Column| Chicago Tribune
May 12, 2013
|Story| Orlando Sentinel
May 11, 2013
|Story| Aberdeen News
May 10, 2013
|Story| Orlando Sentinel
May 8, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Los Angeles Times
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