Wednesday, April 7, 2010 as of 11:14 AM ET
Dynegy Inc. (), based in Houston, Texas, United States, is a large owner and operator of power plants and a player in the natural gas liquids and coal business.
Read More at Wikipedia ›A judge on Friday turned down hedge-fund manager Claren Road Asset Management's demand for unfettered public access to all of a scathing examiner's report into Dynegy Holdings LLC's prebankruptcy dealings, saying the desire for public access were outweighed by Dynegy management's needs of confidentiality.
"Claren Road has not shown a compelling need for the report," said Judge Cecilia G. Morris of U.S. Bankruptcy Court in Poughkeepsie, N.Y., at a Friday hearing over whether unredacted portions of the report should be made public. "The public's right to access is not absolute," said Morris, quoting from a decision she used as precedent in the case.While reading her ruling, Morris repeatedly capped sentences with the phrase "at this time," echoing arguments by Dynegy lawyers that full public access--if deemed necessary--could be determined at a later date. Morris and Dynegy's official committee of unsecured creditors have seen the unredacted versions of the report.Independent examiner Sus...FBN's Adam Shapiro breaks down afternoon market news.
Dynegy Inc. shares jumped 28% to $3.79 on Tuesday after some of the power producer's financial entities filed for Chapter 11 bankruptcy protection. The filing is unu...
FOX Business: The Power to ProsperStock-index futures followed European shares deep into the green on Tuesday, but market participants remained vigilant of the unfol...
Dynegy Holdings, a unit of energy producer Dynegy Inc , filed for Chapter 11 bankruptcy on Monday, according to court documents.Dynegy Inc, whose shareholders includ...
Dynegy Holdings, a unit of energy producer Dynegy Inc, filed for Chapter 11 bankruptcy Monday, according to court documents.The filing, in Manhattan federal bankrupt...
Debt-laden independent power producer Dynegy Inc is close to making a bankruptcy filing for one of its units, sources familiar with the situation said Monday.The fil...
Dynegy , Inc.’s (NYSE:DYN) holding company will likely seek Chapter 11 bankruptcy protection, according to reports on Monday afternoon.The company, which produces an...
SAN FRANCISCO -- Dynegy Inc. is preparing to file for Chapter 11 bankruptcy protection for its holding company, The Wall Street Journal reported Monday in its online...
Dynegy Inc. is preparing to file for Chapter 11 bankruptcy protection for its holding company, The Wall Street Journal reported Monday in its online edition. The dea...
FOX Business: The Power to ProsperWall Street finished a volatile trading session with gains as traders managed to shake off continued worries that Europe's debt cri...
By Tom Hals and Michael ErmanDebt-laden independent power producer Dynegy Inc <DYN.N> has been discussing with bondholders a plan to put a subsidiary into bankruptcy...
--Dynegy's new management team, new board working to reorganize company and its finances--Company closed $1.7 billion debt financing Friday--Company would not offer ...
On a trading day that saw the S&P 500 gain 1.3%, the Utilities sector (XLU) showed little change.While being down today, the ETF, as a proxy for sector performance, ...
FBN's Robert Gray breaks down afternoon market news.
Dynegy Holdings LLC said Wednesday that it has reached an agreement in principle with nearly all its creditor groups on a debt-restructuring plan, less than a month ...
A court-appointed examiner Friday said Dynegy Holdings LLC's board of directors breached its fiduciary duty when it transferred coal assets to its parent company bef...
Power provider Dynegy Holdings LLC has filed a new reorganization plan that could give greater recovery to junior bondholders than a prior plan and that takes into a...
FOX Business: The Power to ProsperWall Street staged a fierce rally in the final hours of trading on Tuesday after it was revealed Italy's prime minister would resig...
FOX Business: The Power to ProsperThe Dow charged higher by more than 100 points on Tuesday amid news Italy's prime minister plans to resign his post. Today's Market...