<< Read Full Article
<< Read Full Article
VeraSun Energy(VSE Quote) announced late Friday that it has filed for Chapter 11 bankruptcy protection.
The Sioux Falls, S.D.-based company, which is one of the nation's leading ethanol producers, said it took the step to deal with a liquidity crisis that was impairing its ability to operate.
The company said it intends to maintain normal operations as it reorganizes under Chapter 11 and seeks access to additional liquidity.
VeraSun also said it doesn't expect to scale back purchases of raw materials and will continue to pay its suppliers. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,313.40 | 1,093.39 | 2,173.62 | 33.92 |
Oil *
75.23
|
|
UP
27.43
|
UP
1.46
|
UP
0.63
|
UP
0.00
|
10 Yr
3.39%
SPDR Gold
112.15
|
|
+0.27%
|
+0.13%
|
+0.03%
|
+0.00%
|
Data delayed 20 minutes |
Connect with TheStreet