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August 10, 2007 |
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LUMINENT MORTGAGE: Taking Various Actions to Enhance Liquidity Luminent Mortgage Capital Inc. said that since August 3, 2007, the mortgage industry, and the financing methods that the mortgage industry relies upon, have deteriorated significantly and in an unprecedented fashion. Effectively, the secondary market... Read More |
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NAVIOS MARITIME: Completes 9-1/2% Senior Notes Exchange Offer Navios Maritime Holdings Inc. disclosed that 100% of all its outstanding 9-1/2% Senior Notes due 2014, were exchanged for a like principal amount of its 9-1/2% Senior Exchange Notes due 2014, which have been registered under the Securities Act of 1933,... Read More |
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MOHEGAN TRIBAL: Earns $45.7 Million in Second Quarter 2007 The Mohegan Tribal Gaming Authority reported its operating results for the quarter ended June 30, 2007.... Read More |
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TOUSA INC: Incurs $132 Million Net Loss in Quarter Ended June 30 TOUSA Inc. reported a net loss for the three months ended June 30, 2007, of $132 million, compared to net income of $67.6 million reported in the three months ended June 30, 2006. The company's net loss for the three months ended June 30, 2007, includes... Read More |
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ABITIBI-CONSOLIDATED: Court Approves PoA for Bowater Inc. Merger The Superior Court of Quebec has issued a final order approving the Plan of Arrangement for the merger of Abitibi-Consolidated Inc. and Bowater Incorporated. The Court's final approval follows the approval by Abitibi-Consolidated and Bowater shareholders.... Read More |
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DRINKS AMERICAS: Bernstein & Pinchuk Raises Going Concern Doubt New York City-based Bernstein & Pinchuk LLP expressed substantial doubt about Drinks Americas Holdings Ltd.'s ability to continue as a going concern after auditing the company's consolidated financial statements for the years ended April 30, 2007,... Read More |
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DELPHI CORP: June 30 Balance Sheet Upside-Down by $13.2 Billion Delphi Corp. listed total assets of $15.5 billion, total liabilities of $28.5 billion, minority interest of $209 million, resulting in total stockholders' deficit of $13.2 billion as of June 30, 2007... Read More |
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TURNER MEDIA: Section 341(a) Meeting Scheduled on September 11 The U.S. Trustee for Region 19 will convene a meeting of Turner Media Group, Inc., nka The Media Group, and its debtor-affiliates' creditors on Sept. 11, 2007, at 9:00 a.m., at Room 104, U.S. Custom House, 721 19th Street in Denver, Colorado... Read More |
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