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Patriot CEO: givebacks or liquidation

2013-04-04 23:41:45| Energy - Topix.net

The president and CEO of Patriot Coal says without union concessions from current and retired miners, the company will be forced into liquidation.

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UK: Caerlee Mills in provisional liquidation

2013-03-27 16:04:00| Daily apparel & textile news and comment - from just-style.com

Caerlee Mills, one of the oldest textile mills in Scotland, has filed for provisional liquidation, after a slowdown in demand led to trading losses and increasing cash flow pressures.

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Industry At A Glance: U.S. Cowherd Liquidation

2013-02-07 16:31:00| Beef

By Nevil Speer, Western Kentucky University U.S. beef cow numbers have shrunk by an average of 350,000 head/year for the past 17 years. Despite such a huge loss of breeding animals, the industry has proven able to compensate for fewer numbers with better genetics, improved management and better technology. But the industry is flirting with a liquidation mentality that could become self-perpetuating, which would prove very detrimental to the industry in the long term. read more

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