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Notable Bankruptcies of 2008: Final Tally

Mon, 05 Jan 2009 23:35:00 GMT

In mid-August I predicted that “major” bankruptcies for 2008 would reach 225 (see Bankruptcies Revisited). Through October there had been 172 such bankruptcies, as reported by Bankrupctydata.com. That implied a pace of around 210 bankruptcies, well short of my prediction. At the time however, I suggested that the filing pace was likely to quicken in November and December as the economy deteriorated at a more rapid clip. Sure enough, the final numbers bear out my prediction. According to Bankruptcydata.com, “major” filings reached 231 in 2008. 231 bankruptcies falls far short of the 289 “major” bankruptcies in 2000 and 383 in 2001[More...]

Bankruptcies Revisited

Thu, 06 Nov 2008 04:34:00 GMT

In mid-August I predicted that bankruptcies for 2008 would reach 225 (see my post Bankruptcy Update). There had been 120 total bankruptcies at the time. The 120 bankruptcies as of August 15th implied a pace of about 195 bankruptcies, well shy of my prediction. But much has changed since mid-August, so let’s revisit that prediction. According to Bankrupctydata.com, there have been 172 bankruptcies through October. If we assume that bankruptcies continue to accumulate at 17 per month for the rest of the year (the monthly average), the implied total for 2008 would be 206. However, we know that the bankruptcy pace has quickened since August. In fact, since mid-August, bankruptcies have been averaging about 21 per month. If we use 21 per month instead[More...]

Noteworthy Bankruptcies

Wed, 18 Jun 2008 04:41:08 GMT

Several months ago I promised to keep tabs on notable bankruptcies of 2008 (see More Failure for Fodder). Well, we’re nearly half-way through the calendar year, so I thought I’d continue to make good on that promise.[More...]

AME Info, Abu Dhabi, United Arab Emirates, Aviation Briefs - Jan 19 2009 1:55PM

Mon, 19 Jan 2009 17:50:00 GMT

Jan. 19--QATAR SETS DATE FOR HOUSTON FLIGHT: The launch date of Qatar Airways new one-stop flight linking Bahrain with Houston is to be March 30.
The daily flight departs Bahrain at 0520 hrs to arrive in Doha at 0610 hrs to connect onto Qatar Airways' new long-haul service to Houston, Texas.
AIRBUS TO MOOT MIDEAST JOINT VENTURES: European aircraft maker Airbus has announced that it is in discussions with prospective partners in Dubai and other places in the Middle East to setting up more regional joint venture facilities for parts manufacturing and services.

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Evening Standard, London, Chris Blackhurst Column

Wed, 07 Jan 2009 19:57:00 GMT

Jan. 7--According to Sir Stuart Rose, his resolution for this year is "to have more fun."
Life is tough at M&S, so this was pragmatic, downbeat Stuart.
The "dandy Rose" who "could charm the City and look pretty in pictures while I would do the hard work", said a former colleague.

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