Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bankruptcy & Restructuring

Detroit Appraiser Defends Art Valuation

September 17, 2014

BY STEVEN CHURCH Detroit’s cache of art is worth no more than $867 million, less than creditors claim it could generate to help repay them, an appraiser told a federal judge overseeing the city’s bankruptcy trial. The city’s last remaining major creditor, Financial Guaranty Insurance Co., has attacked the proposal to raise more than $800 million from private

RadioShack’s Future Hinges on Vendor Shipments

September 15, 2014

  RadioShack’s operating conditions have continued to deteriorate in the face of competitive pressures and adverse trends in its mobile phone business. It has made only limited progress on strategic initiatives that include store closures and remodeling of retail locations, which the company identifies as key to reviving its brand.

N.J. Casinos Suffer as Rivals Win Share of Gaming Revenue

September 10, 2014

Casinos in Atlantic City, New Jersey, have seen their gaming proceeds fall as New York and Pennsylvania have increased their casino gaming proceeds. Of the casinos that remain open in Atlantic City, Borgata has seen the smallest decline. This article was taken from the Bloomberg Brief Bankruptcy & Restructuring Newsletter. To take a complimentary 30 day trial click here.

Comcast Wants Network Papers From AT&T and DirecTV

September 3, 2014

AT&T Inc. and DirecTV, banking on becoming the new owners of Houston Regional Sports Network LP, don’t want to give Comcast Corp. information about their deal with two professional sports teams to buy the network. The Houston network has broadcast rights for games played by the Astros of Major League Baseball and the National

RadioShack 2019 Yields Plunge 13 Percent on Rescue Talks

August 27, 2014

RadioShack 2019 bond yields sank 13 percent to 28.756 percent Tuesday from 33.196 percent Monday on news that the retailer is in talks to get rescue financing from hedge fund Standard General. Yields of these securities reached a record high of 36.97 percent on Aug. 13, two days after doubts about its turnaround efforts were raised by UBS. They were at 18.429 percent on Jan.

Daehan Is Second Korean Business to File Chapter 15 in 2014

August 20, 2014

Daehan Shipbuilding Co. is the second business from Korea to file a Chapter 15 petition this year. Last year, no Korean companies filed Chapter 15s. Daehan, which sought court protection in New York’s southern district, listed liabilities of $500 million to $1 billion and assets of $100 million to $500 million, court papers said. Blank Rome LLP is the debtor counsel. This chart was

James River 2019 Bonds Climb From Post-Filing Low

August 13, 2014

James River 2019 bond prices Monday rose from a post-Chapter 11 low of 7.71 cents recorded Friday after the coal mining company postponed an asset sale. The 2019 bond prices were down 43 percent Friday from April 7 when the company filed its petition. On Monday, these securities changed hands at 8.4 cents. This chart was taken from the Bloomberg Brief Bankruptcy & Restructuring Newsletter. To

Entegra Is 4th Largest Chapter 11 By Liabilities So Far This Year

August 6, 2014

Entegra Power Group LLC, which filed for court protection in Delaware Monday, is the fourth largest Chapter 11 petition filed by a debtor to date. The pipeline and power company listed assets of $500 million to $1 billion against liabilities of more than $1 billion. Peter Walsh is overseeing the case and Richards Layton Finger is debtor counsel. — Kurt Kester This chart was

Potential Caesars Filing Would Buoy Default Rate: Fitch Ratings

July 30, 2014

The trailing 12-month U.S. high-yield default rate would jump to 3.4 percent from 2.7 percent in June if gaming company Caesars Entertainment Operating Co. were to file for bankruptcy, according to Fitch Ratings. Fitch said in a report July 29 that $12.9 billion of the company’s bonds are included in its default index. For more information on the report: This chart was taken

U.S. High Yield Debt Spreads ‘Overvalued’ for Longest Period Ever

July 23, 2014

Yield premiums paid to investors holding U.S. high yield debt offer the least value for the longest on record, according to Martin Fridson, a money manager at Lehmann, Livian, Fridson Avisors LLC. “Overvaluation (whether extreme or non-extreme)has put together an unbroken streak of 25 months, nearly double the previous record,” Fridson said in a note first published by S&P. This article was taken from the