BlackRock Defined Opportunity Credit Trust Announces Adoption of Plan of Liquidation – Business Wire (press release)

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that the Board of Trustees of BlackRock Defined Opportunity Credit Trust (NYSE:BHL) (the Trust) approved the adoption of a Plan of Liquidation and the termination of the Trust on or before August 31, 2017, consistent with the Trusts investment objectives. The Trusts investment objectives and policies are not…

BHS placed into liquidation after pressure from biggest creditor – The Guardian

BHS has been placed into liquidation following pressure from the Pension Protection Fund, which had argued that shutting down the retailer offered the best option for funding the retirement of former employees. The PPF, a government-backed lifeboat for troubled pension schemes, is the companys biggest creditor and had rowed with BHSs joint administrator, Duff &…

FuelCell Energy (FCEL) to Conduct Corp. Restructuring; Prelim. Q4, FY16 Revenue Light of Views – StreetInsider.com

Get the Pulse of the Market with StreetInsider.com’s Pulse Picks. Get your Free Trial here. FuelCell Energy, Inc. (Nasdaq: FCEL) announced a business restructuring to reduce costs and align production levels with current levels of demand in a manner that is consistent with the Companys long-term strategic plan. The Company is reducing materials spend as…