Is Refco expected to emerge from bankruptsy and continue operations?
119936
Approximately 127.5 million.  I think it will come out and continue operation.
279433
There has simply been a ban on building new refineries for 25 years, and the capacity to refine crude oil has not kept up with demand for gasoline. The supply of crude oil, and crude oil inventories are ample. But the ability for the refineries to produce gasoline from the crude oil is at a maximum, and this time of year some of them shut down for maintenance (30-60 days), so gasoline supplies are even tighter.\n\nIn a free market, no matter the commodity, when Demand is greater than the Supply, the price goes up.
157222
I am a business librarian and I checked several business databases and did not see this company listed.\n\nTherefore, it is highly unlikely that this is a valid, legal business or company.
661204
Don't panic!  First, they're not going to come after the store.  Credit card companies can't really come and take things...that's why they call it unsecured credit.  Furthermore, they would have to go to court to get any kind of judgment against you, and even if they did, all they could do would be to go after your bank accounts (in your own name) or paycheck, but even that is extremely unlikely.  So, really, this isn't worth worrying about right now.\n\nSecondly, let's undo some misconceptions.  The minimum payment (not finance charge) that doubled is not because of any 'bad credit' statement.  It is standard.  Suddenly, lots of us are seeing the minimum payments increased, and it is something that results from a change in the law, not any decision that the credit card companies are taking.  The requirements have been made because many people have payments so low that they may never get out of debt.  The problem with such a law is that it has had the effect of suddenly whipsawing people into deep trouble that shouldn't have gotten there.  But we can't change that here.  Let's talk about how to deal with the new reality.\n\nYou can simply stop paying, but that may not be your best option.  It will affect your credit for real, and limit your options in the future.  You may also consider refinancing somehow, but this may only get you in deeper.  I think the best thing I could recommend is to get in touch with a credit counseling agency such as CCCS.  They may be able to get your monthly payments reduced back down to the level you were paying before.  It won't happen without some problems (such as cutting up your credit cards), but it should help you get out of debt entirely within about 5 years.\n\nBest of luck to you.
250966
It looks like a company that may have gone into bankruptcy a long time ago.  I'm not sure if it's the same company, though.
168448
Well it NEVER is a good sign when a company gets delisted off the stock exchange. To put it bluntly, kicked off. Even before they stopped trading completely (on what they call the pink sheets) the stock price never went beyond $1.03 a share. I tried to look at their financial statement on their web site but low and behold no financials? The news on this company is so sparse that there is no way I would invest based upon the way the management is hiding all relevant information on the company except of course their statement they will be relisted on the exchange soon.
627724
The earnest money is returned to the buyer as long as the failure to close was due to contingencies included in the Contract to Purchase not being met or removed due to no fault of the buyer. \n\nMake sure you read your REPC(Real Estate Purchase Contract) in detail .\nhttp://www.lendermark.com
316544
From observation Companies today are too diversified and need to consolidate if they are to survive.I see the push toward companies managing their separate department totally autonomously from each other in order to better evaluate their performance and profitability. I worked in a company many years ago which used the profitable divisions to prop up those divisions which were not so profitable which, to my way of thinking, was a huge mistake even for those days.I have seen many a company collapse under the weight of excessive diversification
82936
Times are changing and so do prices. How can they expect you to keep giving great service if you can't make enough money to keep your buissness afloat. If anyone has a good idea of how to explain that with finece be my guest.
295565
You have three avenues to cover.Check with your local city to see what requirements are necessary. (There's probably city,county,and state requirements.)The gas/diesel company you'll use will have certain expectations and requirements. Then (unless you're paying cash) your bank will obviously want to see assets, money down, and a business plan forecast put together probably as far as 5 years. The easiest way would be to re-start an existing station that has been closed for awhile. Good luck.
280699
They will try and close the stores like they did in Jonquiere, Quebec, Canada last year.  Or they might wait and decertify the union in a few years like they have done in other stores.  Check out the news story below.
176894
If they go bankrupt (completely), you may be SOL, unless the company offers some sort of compensation.\n\nIt's unlikely Delta will be bought by another company, but if they did, you'd probably get a heck of a buyout option.\n\nIf you have any doubts about Delta's future, I'd sell.
501588
just like that overpriced fuc**ng tent in greenwich that less than 1% of the UK population seen (at commercial theme-park prices) before it shut down.\n\nI think we're due a tax refud?????????????????
118229
I was unable to locate any reference to such company on BBB, US and UK government records, or major search engines.\n\nIf this is a scam, which is possible, it is not widespread to trigger any news, or records yet.
7766
Did you buy shares in the company? If teh company is dissolved you will not get any money, as the last people to get any money in a bankrupcy case are the shareholders (Thaxtgon lists debts of $242 million as of Aug. 31, against assets of $206 million). Hopefully there will be a restructured company, in which case you could recover something, albeit priced much lower than their worth prior to Chapter 11.
598416
Only a certified accountant could answer this for you---and surely you have one (?) and if not---you better get one-----The number of stores that you have---even the level of actual business you are doing has but certain input into whether or not your business is solid in its entirity---alot of factors go into this summary----Major companies with unbelievable cash flow go under on a regular basis for any number of reasons---too rapid in expanding being one of the culprits---assumation of debt loads beyond the business' capabilities is another---Major Repeat Problem with alot of business that fails is the fact that the people running the business are very familiar with their product or service and are emersed in that and have no skills or focus on the actual bottom line of the overall business---So there is no way anyone here can answer your question with any certainty---YOU NEED AN ACCOUNTANT---NOW
629574
When a company declares bankruptcy, it's stock is usually delisted and continues to trade only on the pink sheets.\n\nThat stock will continue to trade on the pink sheets until the company emerges from bankruptcy.  Usually, the previous equity holders end up with nothing - the common shares are cancelled as part of the bankruptcy closure, and new shares are created and distributed to the debtholders.\n\nIn a few cases - such as Mirant recently - the existing common shareholders are given a small equity stake in the new company and the shares they hold are converted to new shares.  In the case of Mirant, it was a 3% conversion - that is, the owners of 100% of the equity in the company prebankruptcy ended up owning only 3% of the company after bankruptcy.\n\nAgain, though, in most bankruptcies - including all of the recent airline cases - the existing common is cancelled and made worthless.  I think if you read the preliminary bankruptcy proceedings for Delta, this is what is being predicted.\n\nAs a current shareholder of Delta, you can expect to receive nothing from Delta when the company emerges from Chapter 11 proceedings.