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To: ild who wrote (14104)10/26/2004 10:34:12 PM
From: mishedlo  Respond to of 116555
 
Bankrupt toy seller KB Toys Inc. said Tuesday it plans to close 141 to 238 additional underperforming stores by the end of January as part of its reorganization effort.

The Pittsfield, Mass., company expects this will be the final round of store closings before its projected emergence from Chapter 11 bankruptcy in early 2005, and said it will continue to operate about 600 stores throughout the United States, Puerto Rico and Guam.

money.cnn.com



To: ild who wrote (14104)10/26/2004 10:36:41 PM
From: mishedlo  Respond to of 116555
 
DAL gets a stay of execution, and is bid up 21%!
CHICAGO (Reuters) - Shares of Delta Air Lines Inc. (DAL) jumped 21 percent on Tuesday, as Wall Street analysts said the possibility of a near-term bankruptcy diminished with the carrier securing additional financing and intensifying concession talks with its pilots.

money.excite.com


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