U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said.
Oct 18 U.S. retailer Sears has borrowed about
$150 million from lenders, including its billionaire owner Eddie
Lampert, as it racks up losses less than a year after it emerged
from bankruptcy protection, people familiar with the matter
NEW YORK U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said on Monday.
NEW YORK, Oct 15 Some of the world's biggest
pension funds and a prominent hedge fund are urging the U.S.
Securities and Exchange Commission (SEC) to reconsider recent
guidance they say will raise costs, hurt investors and cut
participation in corporate voting.
NEW YORK Rebecca Thornton will become the head of JPMorgan Chase & Co's director advisory services group, a unit of the U.S. bank that helps source members for corporate boards and provides advice to them, according to an internal memo seen by Reuters.
NEW YORK, Oct 4 Okapi Partners, a proxy
solicitor that has long worked for activist hedge funds Elliott
Management and Starboard Value, is hiring a senior executive
from an advisory firm to help expand its business with corporate
clients, three people familiar with the matter said this week.
Glass Lewis & Co is planning to grow its business abroad in the face of newly introduced curbs by the U.S. Securities and Exchange Commission (SEC), the proxy advisory firm's new executive chairman Kevin Cameron told Reuters in an interview.
NEW YORK U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest rates as policymakers try to stimulate growth.
WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said on Friday.
NEW YORK OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing the settlement offer in bankruptcy proceedings as soon as next week, people familiar with the matter said. | Video