Oct. 10 (Bloomberg) -- Sellers of credit-default protection on bankrupt Lehman Brothers Holdings Inc. will have to pay 91.375 cents on the dollar to settle the contracts, setting up the biggest-ever payout in the $55 trillion market.

Hancock Fabrics, Inc. (OTC symbol: HKFIQ.PK) today announced that it has emerged from Chapter 11 bankruptcy protection after successfully restructuring its business operations and satisfying the conditions to effectiveness set forth in the Plan of Reorgan

THE dramatic events of the past few weeks, starting with one of the world's most powerful investment banks - Lehman Brothers - going to the wall and insurer AIG teetering on the brink, has left a wounded western financial world licking its wounds and loo

Canadian Oil Sands Trust today announced that third quarter 2008 cash from operating activities nearly doubled over the same period last year, increasing to $921 million ($1.91 per Trust unit ) compared with $484 million recorded in the 2007 third quarter

JG Capital Corp., a Capital Pool Company, announced today that it has entered into a binding letter agreement dated as of September 22, 2008 concerning the amalgamation of the Corporation with VersaPay Corporation.