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Posts Tagged ‘insolvency’

An era ends: Neckermann.de is no more!

An era ends. One can truly say that after 62 years of business. What once
happened to Quelle, now hit Neckermann. Neckermann started as a big
department store with mailorder service. You ordered it, they shipped it.
You paid it in rates and you could afford your even-so-expensive goodie.

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October 3, 2012Netspark No Comments »
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FILED UNDER :Economy&Finance , News
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Eastman-Kodak files for Insolvency

The traditional photo film maker and pioneer in the film industry has finally
filed for insolvency. With the 9th negative fiscal quarter, all financial reserves
have been used up. Promoted sales of patents do different companies have not
been as successful as hoped. Kodak however tries to still keep up business.

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January 19, 2012Netspark No Comments »
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American Airlines near Grounding?

Many Airlines have been grounded in the past 10 years. About
200 in total! Today the third largest of them has been hit by
insolvency today. The American Airlines are well-known all over
the world, although they mostly operate US-regional flights. Continue Reading

November 29, 2011Netspark No Comments »
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FILED UNDER :Curiosities , Economy&Finance , News , Thoughts
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