More companies are citing fluctuating asset values and mounting debt as reasons for late 10-K filings with the U.S. Securities and Exchange Commission. About 83 companies have postponed 2008 reports this year, based on filings compiled by Bloomberg as of yesterdays market close.
Others will probably follow later this month as the deadline for smaller companies looms, said Mark Grothe, a research analyst with investment advisory firm Glass, Lewis & Co. in New York. Falling real estate and portfolio values, the financial crisis and tighter credit restrictions - - - - >

The Las Vegas-based casino company, controlled by 91-year- old investor Kirk Kerkorian, said it is also open to selling more assets. Analysts have suggested other options, including handing over a property directly to bondholders to eliminate some debt.
“Talks with our financial partners are ongoing,” MGM Mirage said in an e-mailed response to questions. “Were evaluating every possible option and, as weve said before, we will explore all serious and credible possibilities.”
MGM Mirage, - - - - >