baltimoresun.com

« BGE: Smart meter surcharge less than $1.60/month | Main | This post not manufactured with MS Word »

July 13, 2009

Sinclair bankruptcy? Here's why analysts make the big money

From Lorraine Mirabella's breaking story on Sinclair Broadcast :

"Mentions of a potential equity raising and bankruptcy are clearly not in equity investors' favor, in our view," Wells Fargo said in a research report.

Posted by Jay Hancock at 4:46 PM | | Comments (2)
Categories: Media
        

Comments

Look for G1440, a staffing firm owned by Sinclair, to get the axe soon.

Maybe they can ask T. Boone Pickens for bailout money.

Post a comment

All comments must be approved by the blog author. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Verification (needed to reduce spam):

About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Tuesdays and Sundays.
-- ADVERTISEMENT --

Most Recent Comments
Baltimore Sun coverage
Sign up for FREE business alerts
Get free Sun alerts sent to your mobile phone.*
Get free Baltimore Sun mobile alerts
Sign up for Business text alerts

Returning user? Update preferences.
Sign up for more Sun text alerts
*Standard message and data rates apply. Click here for Frequently Asked Questions.
Charm City Current
Stay connected