15 Companies That Might Not Survive 2009

[C.P.]

wow....Station Casinos....hno:

http://finance.yahoo.com/news/15-Companies-That-Might-Not-usnews-14279875.html

 

[CalvinTy]

2 names from the gambling industry:

"Station Casinos. (Privately owned, about 14,000 employees). Las Vegas has already been creamed by a biblical real-estate bust, and now it may face the loss of its home-grown gambling joints, too. Station - which runs 15 casinos off the strip that cater to locals - recently failed to make a key interest payment, which is often one of the last steps before a Chapter 11 filing. For once, the house seems likely to lose."

"Trump Entertainment Resorts Holdings. (TRMP; about 9,500 employees; stock down 94%). The casino company made famous by The Donald has received several extensions on interest payments, while it tries to sell at least one of its Atlantic City properties and pay down a stack of debt. But with casino buyers scarce, competition circling, and gamblers nursing their losses from the recession, Trump Entertainment may face long odds of skirting bankruptcy."

* CalvinTy

 

[barman]

AmwayGlobal up again...this time 15% over last year

An 8.2 billion company that's totally debt free

:toast:


(And maybe the only company based in Michigan of $500M+ that's not in horrible debt)

 

[RobFunk]

Sbarro is way over priced. I wouldnt miss them at all. 4.00 for a large piece of reheated pizza is a bit rediculous.

 

[LEYKIS101]

I hope Rite Aid can stay afloat, but the competition for prescription drugs is pretty fierce with all the other drug stores, Walmart, and Costco etc.

 

[joebatters]

That is an interesting list. Blockbuster has to be hurting with NetFlix and
people being able to order movies from home.

 

[djmatt]

I hope Rite Aid can stay afloat, but the competition for prescription drugs is pretty fierce with all the other drug stores, Walmart, and Costco etc.

Costco has to be the cheapest for rx.. Walgreens being the worst.

And the Blockbuster guy is an asshole, I hope they fall apart.. he's screwed millions of people for decades.. Waste Management well he should be in jail with all the bribes and dump sites and other lives he's ruined. A great native of Chicago

 

[FullyEclipsed]

Some pretty big names on that list.

Blockbuster for one I can see easily going under. They Charge $5 for a new release when I can just pull it off On-Demand for the same price.

 

[patswin]

Sbarro is way over priced. I wouldnt miss them at all. 4.00 for a large piece of reheated pizza is a bit rediculous.

Worst pizza I ever ate. I tried it once at the mall and almost vomited.

 

[Akillies]

2 names from the gambling industry:

"Station Casinos. (Privately owned, about 14,000 employees). Las Vegas has already been creamed by a biblical real-estate bust, and now it may face the loss of its home-grown gambling joints, too. Station - which runs 15 casinos off the strip that cater to locals - recently failed to make a key interest payment, which is often one of the last steps before a Chapter 11 filing. For once, the house seems likely to lose."

"Trump Entertainment Resorts Holdings. (TRMP; about 9,500 employees; stock down 94%). The casino company made famous by The Donald has received several extensions on interest payments, while it tries to sell at least one of its Atlantic City properties and pay down a stack of debt. But with casino buyers scarce, competition circling, and gamblers nursing their losses from the recession, Trump Entertainment may face long odds of skirting bankruptcy."

* CalvinTy

also landrys i think owns the golden nugget

 

[Akillies]

Sbarro is way over priced. I wouldnt miss them at all. 4.00 for a large piece of reheated pizza is a bit rediculous.

this is a no brainer, why not sell a slice for a reasonable price and maybe you get enough revenue to stay out of bankrupcy

 

[SportSavant]

What will happen to people who are holding sports futures to the casinos that go under?

 

[barman]

That is an interesting list. Blockbuster has to be hurting with NetFlix and
people being able to order movies from home.

Blockbuster also offers an online/by mail service, but they foolishly stick to running their stand alone, high overhead outlets

 

[HinesWard86]

AmwayGlobal up again...this time 15% over last year

An 8.2 billion company that's totally debt free

:toast:


(And maybe the only company based in Michigan of $500M+ that's not in horrible debt)

They are a scam company. I know quite a few people who lost a lot of money/time with them.

 

[GoSooners]

Some pretty big names on that list.

Blockbuster for one I can see easily going under. They Charge $5 for a new release when I can just pull it off On-Demand for the same price.

I pulled a movie off of On-Demand the other day and they also went up a buck from last year. But it's getting where In-Demand comes out with their movies almost as fast as Blockbusters new dvd releases. So I'm getting to where I'll just wait the extra couple weeks and save myself a trip to Blockbuster, who I think is on their way out unless they come up with a better and more customer friendly business scheme.