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Financial News & Stocks The Stock Stop! Discuss financial news, stocks, and any other economic related issues here. They do NOT have to relate directly to trucking.

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^ Top   #1   02.09.2009

Cybergal Truck Forum Supporter   Last Seen: 04.16.2009 05.42 AM Member Since: Oct 2008 Posts: 13,838 My Trucking Photos: 27 Thanks: 2,066 Thanked: 2,575 Times My Truckers Blog : 16

15 Companies That Might Not Survive 2009 15 Companies That Might Not Survive 2009 Quote: Who's next? With consumers shutting their wallets and corporate revenues plunging, the business landscape may start to resemble a graveyard in 2009. Household names like Circuit City and Linens 'n Things have already perished. And chances are, those bankruptcies were just an early warning sign of a much broader epidemic. Moody's Investors Service, for instance, predicts that the default rate on corporate bonds - which foretells bankruptcies - will be three times higher in 2009 than in 2008, and 15 times higher than in 2007. That could equate to 25 significant bankruptcies per month. We examined ratings from Moody's and data from other sources to develop a short list of potential victims that ought to be familiar to most consumers. Many of these firms are in industries directly hit by the slowdown in consumer spending, such as retail, automotive, housing and entertainment. http://finance.yahoo.com/news/15-Com...-14279875.html

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Lilbit (02.09.2009), Texas-Nana (02.10.2009)

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^ Top   #2   02.09.2009

Lilbit Road Train Member   Last Seen: 07.02.2009 03.35 PM Member Since: Aug 2008 Location: Madison, WI Trucker? EX-8 Years Age: 42 Posts: 6,838 My Trucking Photos: 0 Thanks: 2,544 Thanked: 1,672 Times My Truckers Blog : 6

There are Sbbaro's at the two malls here in Madison. Malls are also much more expensive to have spaces in than some other locations. Claire's also have locations in both malls here. __________________ Dynamite comes in small packages, Nitro comes in smaller ones, take your pick! Lo there do I see my father Lo there do I see my mother and my sisters and brothers Lo there do I see the line of my people back to the beginning Lo they do call to me They bid me to take my place In the halls of Valhalla Where the brave may live forever. From the movie 'The 13th Warrior'

^ Top   #3   02.09.2009

rocknroll nik High Risk Load Member   Last Seen: 10 Hours Ago 07.36 AM Member Since: Oct 2008 Location: Fall River, WHIZCOWSIN Trucker? 3 Years Posts: 1,702 My Trucking Photos: 0 Thanks: 789 Thanked: 566 Times

I noticed that Chrysler was in their. If they go it'll hurt Celadon, that's for sure. Celadon has been getting hit by a lot of the slowdowns. When I drove for them some of our best loads centered on chrysler, freightliner and the respective companies that supplied them. I wouldn't be surprised to see chrysler fall but I would not be happy about it either. We are losing way too many companies, so please by all means lets raise the corporate taxes and capital gains taxes so that we can put the stake thru the heart of the vampire( us economy) a bit quicker please. __________________ " If you ain't living on the edge, you're taking up too much room!

^ Top   #4   02.10.2009

walleye Road Train Member   Last Seen: 6 Hours Ago 11.17 AM Member Since: Aug 2007 Location: Rice Lake, Wi Trucker? 11 Years Age: 35 Posts: 5,836 My Trucking Photos: 0 Thanks: 1,826 Thanked: 2,141 Times

I'd hate to see Sirius go away,....I like the tunes,And already bought a lifetime subscription,.....

^ Top   #5   02.10.2009

abjz71 Light Load Member   Last Seen: 12.18.2009 10.09 PM Member Since: May 2008 Location: whichita ks Trucker? 6 Years Age: 29 Posts: 160 My Trucking Photos: 0 Thanks: 1 Thanked: 54 Times

i dont see blockbuster around at the end of next year not with redboxes showing up all over the place even walmarts and the fact that you can return them to any redbox makes it a viable product even for us

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Texas-Nana (02.10.2009)

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^ Top   #6   02.10.2009

Brickman Trucker Forum STAFF   Member Since: Sep 2006 Location: WY Trucker? EX-7 Years Age: 36 Posts: 15,904 My Trucking Photos: 7 Thanks: 4,474 Thanked: 4,481 Times

Quote: Originally Posted by walleye I'd hate to see Sirius go away,....I like the tunes,And already bought a lifetime subscription,..... Yeah Sirius going away doesn't really work for me! __________________ ---------------------------------------------------------------------------------------------- Don't blame me, I didn't vote for the anti American crew.

^ Top   #7   02.10.2009

walleye Road Train Member   Last Seen: 6 Hours Ago 11.17 AM Member Since: Aug 2007 Location: Rice Lake, Wi Trucker? 11 Years Age: 35 Posts: 5,836 My Trucking Photos: 0 Thanks: 1,826 Thanked: 2,141 Times

Quote: Originally Posted by Brickman Yeah Sirius going away doesn't really work for me! I can't imagine driving anywhere having to listen to fm radio anymore,...

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^ Top   #8   02.10.2009

rainman1971 Beamerhauler   Last Seen: 21 Hours Ago 07.58 PM Member Since: Aug 2006 Location: Pierceton,IN Trucker? 13 Years Age: 38 Posts: 222 My Trucking Photos: 0 Thanks: 16 Thanked: 15 Times

I can't see Sirius closing up. Hopefully Howard Stern will give back some of his money to keep them afloat. What hurts the satellite radio companies is the fact that new cars aren't selling so their subsciber base isn't growing.

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