Avenue Financial Corporation

Trump Casinos
Trump Casinos

Showing rising confidence, U.S. funds ready to invest in Europe

LONDON (Reuters) - U.S. fund managers who successfully called the bottom of their home credit market in 2008 are starting to put money back into Europe in a sign of returning confidence in the euro zone.
 

Dynegy, creditors discuss unit's bankruptcy: sources

(Reuters) - Debt-laden independent power producer Dynegy Inc <DYN.N> has been discussing with bondholders a plan to put a subsidiary into bankruptcy after bondholders shunned a $1.25 billion refinancing, sources told Reuters.
 

Cerberus-owned NewPage files for Chapter 11

WILMINGTON, Del./NEW YORK (Reuters) - NewPage Corp <NEWPG.UL>, the biggest maker of magazine paper in North America, filed for bankruptcy on Wednesday, succumbing to falling demand as advertisers and readers move online.
 

Nat'l Enquirer owner seeks bankruptcy protection

National Enquirer owner American Media files for bankruptcy , blaming poor checkout sales. The recession's toll on consumers has forced the publisher of supermarket tabloids the National Enquirer and Star to seek bankruptcy protection.
 

National Enquirer publisher files for bankruptcy

NEW YORK (Reuters) - American Media Inc, publisher of the National Enquirer and Star supermarket tabloids, as well as body-toning magazines such as Men's Fitness, filed on Wednesday for Chapter 11 bankruptcy protection.
 

Bankruptcy case looms for National Enquirer owner

Bankruptcy tale: National Enquirer owner American Media plans to seek Chapter 11 protection. After years of dishing tales of celebrity folly and misfortune, The National Enquirer's publisher has fallen on hard times of its own.
 

Steve Eisman's FrontPoint is back on its own

BOSTON (Reuters) - Hedge fund manager Steve Eisman, who made millions by anticipating the housing market collapse long before anyone else did, is back on his own.
 

New owners approved for 3 Trump casinos in AC

NJ approves bondholders as new owners of 3 Trump casinos in Atlantic City. The name on the casinos is still Trump, but the main owners of three Atlantic City casinos are now the company's bond holders.
 

Trump, bondholders win Atlantic City casinos

NEW YORK (Reuters) - Real estate mogul Donald Trump and a group of bondholders won control of the three Atlantic City casinos of Trump Entertainment Resorts Inc <TRMPQ.PK>, a bankruptcy court judge ruled on Monday.
 

Six Flags' CFO takes stand in bankruptcy showdown

WILMINGTON, Delaware (Reuters) - Six Flags Inc <SIXFQ.OB> put its chief financial officer on the stand to defend its reorganization plan against attacks by some bondholders, with ownership of the theme park operator at stake.
 

Showdown over Six Flags begins in bankruptcy court

WILMINGTON, Delaware (Reuters) - Warring creditors of Six Flags Inc <SIXFQ.OB> take their battle for the theme park operator before a bankruptcy judge on Monday, with the outcome likely hanging on how much debt the company can afford.
 

Trump takes the stand in bid for namesake casinos

CAMDEN, New Jersey (Reuters) - Celebrity real estate developer Donald Trump, optimistic about a casino comeback, took the stand in U.S. bankruptcy court on Thursday to fight for control of the three Atlantic City hotel-casinos bearing his name.
 

Trump takes the stand in fight over NJ casinos

CAMDEN, New Jersey (Reuters) - Celebrity real estate developer Donald Trump, optimistic about a casino comeback, took the stand in U.S. bankruptcy court to fight for control of the three Atlantic City hotel-casinos bearing his name.
 

Corrected: Shareholder wants Six Flags' management replaced

WILMINGTON, Delaware (Reuters) - A holder of Six Flags preferred shares asked a federal judge to appoint a trustee to run the bankrupt theme park operator because current management has breached its fiduciary duty and suffers conflicts of interest.
 

Six Flags says could exit bankruptcy in March

NEW YORK (Reuters) - U.S. theme park operator Six Flags Inc <SIXFQ.OB> could emerge from bankruptcy as soon as March under an $830 million financing deal it is arranging with lenders, the company said in a regulatory filing on Thursday.
 
Clinton daughter, Chelsea, engaged to be married

Clinton daughter, Chelsea, engaged to be married

Clinton daughter, Chelsea, engaged to longtime boyfriend, who is son of former lawmakers. Turns out those discredited rumors of a possible Chelsea Clinton wedding last summer were mostly just premature: The 29-year old daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton has become engaged to her longtime boyfriend, 31-year old investment banker Marc Mezvinsky.
 

Six Flags bondholders submit alternative plan

WILMINGTON, Delaware (Reuters) - A group of noteholders of bankrupt regional theme park operator Six Flags Inc <SIXFQ.OB> said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them.
 

Chelsea Clinton steps on political stage

Chelsea Clinton Takes Campaign Stage, Laments Lack of Personal Space. Chelsea Clinton tells students about her mother's plans for the economy and mortgages. The former first daughter outlines Hillary Rodham Clinton's concern about Darfur and women's rights. She ticks through talking points on electability, health care and the environment.