Hugoton Local Business
Local business in Hugoton, KS
Yesterday | via Alternative Energy Stocks
Jim Lane In New York, NASDAQ shares in Abengoa SA plunged 49% in Wednesday trading after the embattled renewable energy developer said it would seek bankruptcy protection as it seeks to reorganize nearly $9.4 billion in debt. The protective filing was announced after an expected infusion of nearly $300 million from Spanish steelmaker Gonvarri did not materialize. Comment?
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