Found on the http://www.michaelsavage.wnd.com/
10 Big Companies That Are Veering Toward Bankruptcy
Hertz (HTZ) - Car rental business
Sprint Nextel (S) - mobile telecom
Macy's (M) - department store
Goodyear (GT) - tire company
Advanced Micro Devices (AMD)
Textron (TXT) - business jet business
Mylan (MYL) - generic pharmaceutical business
Las Vegas Sands (LVS) - Las Vegas resort chain
Interpublic Group (IPG) - advertising and marketing business
10 Big Companies That Are Veering Toward Bankruptcy
CBSBusiness Insider wrote:
Despite a few green shoots in the economy and a rocketing stock market, many large companies are still struggling to avoid bankruptcy.
A new report by Audit Integrity identifies some high-profile names "that have the highest probability of declaring bankruptcy among publicly traded firms."
Which companies appear the worst off? We took the list and removed any company with a market cap under $3 billion. We then ranked the remaining names by a simple measure of the market's perceived bankruptcy risk - Market Cap (MC) divided by Enterprise Value (EV). The less MC vs. EV, the less residual shareholders' value (above what debt holders can claim) the market is pricing-in for the company. Thus a lower MC/EV means the market thinks the company is more likely to go bankrupt.
Hertz (HTZ) - Car rental business
Sprint Nextel (S) - mobile telecom
Macy's (M) - department store
Goodyear (GT) - tire company
Advanced Micro Devices (AMD)
Textron (TXT) - business jet business
Mylan (MYL) - generic pharmaceutical business
Las Vegas Sands (LVS) - Las Vegas resort chain
Interpublic Group (IPG) - advertising and marketing business
Last edited by Harmor (2009-09-22 20:52:50)