Video Game Maker Acclaim Files for Bankruptcy
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Video game publisher Acclaim Entertainment Inc. , which has been hampered by a lack of hit titles, filed for bankruptcy liquidation on Thursday after failing to line up new financing.
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Electronic Arts swung to a loss because of restructuring charges and deferred revenue, but posted record revenue during the most brisk holiday season the video game industry has seen.
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Yukos, the embattled Russian oil company, has filed for bankruptcy protection in an American court in an attempt to halt the sale of its Yuganskneftegas oil unit.
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Interstate Bakeries Corp. filed for  bankruptcy on Wednesday after struggling with more than $1.3  billion in debt and weak demand for bread products amid the  popularity of low-carbohydrate diets.
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Just days after Microsoft Corp. took a more than US$1 billion earnings charge to fix hardware problems in Xbox 360 consoles, a class-action suit says that the consoles also damage game discs.
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In another setback for Microsoft Corp.'s unprofitable entertainment and devices division, the company says it is planning to spend at least $1 billion to repair serious problems with its Xbox 360 video game console.
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Highlighting the struggles that mobile virtual network operators face to break into the highly competitive cellular marker, Amp'd Mobile filed for Chapter 11 bankruptcy protection over the weekend.
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Troy-based Intermet Corp., one of the country&#39;s largest metal casters, with a history dating to 1846, filed for bankruptcy protection Thursday, citing rising steel costs, problems at some
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The Fair Game column on Feb. 3, about problems at mortgage lenders, misstated the circumstances surrounding a bankruptcy filing related to the home mortgage lending unit of NovaStar Financial. An involuntary petition to force the unit into bankruptcy was filed with the court on Jan. 24 by a creditor who won a $49 million judgment against the unit; the unit did not file for bankruptcy. (On Feb. 7, the judge overseeing the case ruled against the petition.).
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Financially troubled game publisher Acclaim Entertainment was expected to file for Chapter 7 bankruptcy protection this week, after laying off more than 600 employees, according to sources closes to the company&#39;s management.
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Donald Trump&#39;s casino company is filing for Chapter Eleven bankruptcy protection. The move comes after months of negotiations with bondholders over how to handle a heavy debt load.
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Video game publisher Acclaim Entertainment Inc. (AKLM.PK: Quote, Profile, Research) on Thursday said it filed for bankruptcy after failing to line up new financing for a credit line that expired last week.
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File will cause portable gaming device to malfunction, company says.
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Interstate Bakeries Corp. IBC.N,  maker of Hostess Twinkies and Wonder Bread, filed for  bankruptcy on Wednesday after struggling with more than $1.3  billion in debt and high costs.
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Bloody video game spiked after 11 months on store shelves
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Movie Gallery Inc, the second-largest video rental company in North America, said it has filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
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Financially struggling Interstate Bakeries Corp. early today filed for Chapter 11 bankruptcy reorganization in the US Bankruptcy Court in Kansas City.