Van der Moolen files for bankruptcy
Dutch brokerage Van der Moolen filed for bankruptcy protection on Wednesday in Amsterdam, because ongoing expenses, including the salaries of its employees, could no longer be paid for September.
Visteon Corp., the top parts supplier and former subsidiary of Ford Motor Co., has filed for Chapter 11 bankruptcy protection, dealing yet another blow to the reeling automaker supply base.The Van Buren Township, Mich.-based company filed in US Bankruptcy Court for the District of Delaware after struggling with plunging revenue and production cuts from its automaker customers.