Wednesday, March 9, 2011

Dynegy Inc. (NYSE: DYN): Now On Bankruptcy Watch

Shares of Dynegy Inc. (NYSE: DYN) dropped more than 3% on Wednesday after the struggling power producer said that it could be forced to file for bankruptcy this year as it faces debt payments and low prices for the electricity it produces. In a regulatory filing, the company said that it may be unable to comply with debt payments by the third or fourth quarter of this year.

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