UPDATE 2-Bankrupt Stockton, California says has deals with key creditors

Fri Sep 27, 2013 11:42pm EDT By Jim Christie SAN FRANCISCO, Sept 27 (Reuters) - Stockton, California said on Friday it had struck tentative deals opening the door to settlements with two major creditors, and putting the city at the "beginning...

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Brazil OGX, OSX to file for bankruptcy protection - report

RIO DE JANEIRO, Sept 28 | Sat Sep 28, 2013 5:29pm EDT RIO DE JANEIRO, Sept 28 (Reuters) - OGX Petróleo e Gás SA and OSX Brasil SA, the oil company and the shipbuilder controlled by Brazilian tycoon Eike Batista, will seek court protection within...

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Bahrain's Arcapita eyes new investments after first Gulf Chapter 11

Sun Sep 29, 2013 10:23am EDT * New Arcapita entity eyes new deals after Chap. 11 - CEO * Firm split in two after restructuring - one holds existing assets * Other to manage asset sale process, complete new deals * Targeting health, edu,...

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UPDATE 1-Bankrupt Stockton, California discloses deals with bond insurers

Fri Sep 27, 2013 10:02pm EDT By Jim Christie SAN FRANCISCO, Sept 27 (Reuters) - Stockton, California said on Friday it had reached tentative deals with the two creditors that led opposition to its bankruptcy, bond insurers that had threatened...

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UPDATE 2-Bankrupt Stockton, California says has deals with key creditors

Fri Sep 27, 2013 11:42pm EDT By Jim Christie SAN FRANCISCO, Sept 27 (Reuters) - Stockton, California said on Friday it had struck tentative deals opening the door to settlements with two major creditors, and putting the city at the "beginning...

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Brazil OGX, OSX to file for bankruptcy protection - report

RIO DE JANEIRO, Sept 28 | Sat Sep 28, 2013 5:29pm EDT RIO DE JANEIRO, Sept 28 (Reuters) - OGX Petróleo e Gás SA and OSX Brasil SA, the oil company and the shipbuilder controlled by Brazilian tycoon Eike Batista, will seek court protection within...

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Judge denies former New Orleans mayor's bid to delay trial

By Kathy Finn NEW ORLEANS, Sept 27 | Fri Sep 27, 2013 9:08pm EDT NEW ORLEANS, Sept 27 (Reuters) - A judge on Friday denied an effort by former New Orleans Mayor Ray Nagin to postpone his corruption trial, which he said had been compromised...

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UPDATE 1-Bankrupt Stockton, California discloses deals with bond insurers

Fri Sep 27, 2013 10:02pm EDT By Jim Christie SAN FRANCISCO, Sept 27 (Reuters) - Stockton, California said on Friday it had reached tentative deals with the two creditors that led opposition to its bankruptcy, bond insurers that had threatened...

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UPDATE 2-Bankrupt Stockton, California says has deals with key creditors

Fri Sep 27, 2013 11:42pm EDT By Jim Christie SAN FRANCISCO, Sept 27 (Reuters) - Stockton, California said on Friday it had struck tentative deals opening the door to settlements with two major creditors, and putting the city at the "beginning...

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PRESS DIGEST-Hong Kong - Sept 25

HONG KONG, Sept 25 | Tue Sep 24, 2013 10:20pm EDT HONG KONG, Sept 25 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. SOUTH...

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STXNEWS LATAM-Bermuda court rules for liquidation of Brazil's Laep

Wed Sep 25, 2013 9:09am EDT Bermuda's Supreme Court ruled for the liquidation of Brazilian private-equity firm Laep Investments Ltd, in response to a reuqest by an investment fund, according to a securities filing on Wednesday. Laep, which is based...

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PRESS DIGEST-New York Times business news - Sept 26

Sept 26 | Thu Sep 26, 2013 12:39am EDT Sept 26 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Detroit's municipal pension fund...

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UPDATE 1-Bankrupt Stockton, California to present adjustment plan Friday

Tue Sep 24, 2013 5:53pm EDT SACRAMENTO, Calif., Sept 24 (Reuters) - The bankrupt city of Stockton, California will present a draft plan to adjust its debt on Friday and its city council will review it next week, a lawyer for the city told Reuters...

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UPDATE 2-Bankrupt California city to unveil adjustment plan Friday

Tue Sep 24, 2013 7:49pm EDT * Stockton city council will review draft plan next week * Final plan could be filed as soon as Oct. 4 * City and bondholders still in negotiations By Jim Christie SACRAMENTO, Calif., Sept 24 (Reuters) -...

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PRESS DIGEST-Hong Kong - Sept 25

HONG KONG, Sept 25 | Tue Sep 24, 2013 10:20pm EDT HONG KONG, Sept 25 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy. SOUTH...

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Peabody says settlement offer for Patriot Coal retirees rejected

Sept 23 | Mon Sep 23, 2013 8:58pm EDT Sept 23 (Reuters) - Peabody Energy Corp, which created now-bankrupt Patriot Coal through a spin-off, said an offer to settle claims relating to healthcare benefits for Patriot Coal retirees had been rejected...

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UPDATE 4-Fiat rethinks alliance with Chrysler after IPO filing

Mon Sep 23, 2013 11:25pm EDT * Fiat wants to buy UAW trust's 41.5 pct stake * IPO may delay CEO's goal of merging Fiat, Chrysler * JPMorgan is underwriter for IPO By Deepa Seetharaman and Bernie Woodall DETROIT, Sept 23 (Reuters) -...

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PRESS DIGEST-New York Times business news - Sept 24

Sept 24 | Tue Sep 24, 2013 1:29am EDT Sept 24 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * JPMorgan Chase & Co paid $1...

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UPDATE 2-Slovenian finance minister sees limited trust in banking system

Fri Sep 20, 2013 9:35am EDT * Slovenia banks hit by bad loans * Could be next euro zone state to be bailed out * Eurogroup chief to visit for talks * Bad bank expected to issue 4 bln euros of bonds (Updates with governor quotes, details,...

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US Airways, American push back on Justice Dept merger lawsuit

WASHINGTON, Sept 20 | Fri Sep 20, 2013 2:32pm EDT WASHINGTON, Sept 20 (Reuters) - US Airways and American Airlines, whose proposed merger has been stalled by U.S. government opposition, urged a court on Friday to require the Justice Department...

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UPDATE 1-US Airways, American push back on Justice Dept merger lawsuit

Fri Sep 20, 2013 5:47pm EDT WASHINGTON, Sept 20 (Reuters) - US Airways and American Airlines, whose proposed merger has been stalled by U.S. government opposition, urged a court on Friday to require the Justice Department to turn over documents...

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UPDATE 2-Slovenian finance minister sees limited trust in banking system

Fri Sep 20, 2013 9:35am EDT * Slovenia banks hit by bad loans * Could be next euro zone state to be bailed out * Eurogroup chief to visit for talks * Bad bank expected to issue 4 bln euros of bonds (Updates with governor quotes, details,...

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US Airways, American push back on Justice Dept merger lawsuit

WASHINGTON, Sept 20 | Fri Sep 20, 2013 2:32pm EDT WASHINGTON, Sept 20 (Reuters) - US Airways and American Airlines, whose proposed merger has been stalled by U.S. government opposition, urged a court on Friday to require the Justice Department...

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UPDATE 1-US Airways, American push back on Justice Dept merger lawsuit

Fri Sep 20, 2013 5:47pm EDT WASHINGTON, Sept 20 (Reuters) - US Airways and American Airlines, whose proposed merger has been stalled by U.S. government opposition, urged a court on Friday to require the Justice Department to turn over documents...

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UPDATE 2-Fitch expects Detroit to miss a bond payment due Oct. 1

Wed Sep 18, 2013 6:31pm EDT Sept 18 (Reuters) - Fitch Ratings said on Wednesday it expects Detroit to miss payments due on the city's general obligation bonds on Oct. 1, an event that would prompt the credit agency to downgrade to D its ratings...

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UPDATE 2-American Airlines, US Airways unions rally for merger

Wed Sep 18, 2013 6:37pm EDT By Diane Bartz WASHINGTON, Sept 18 (Reuters) - Union members who work for American Airlines and US Airways Group rallied on Capitol Hill on Wednesday, urging the U.S. Justice Department to drop its opposition to...

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