NASDAQ:SPLS - Nasdaq - US8550301027
Banks led by Morgan Stanley are kicking off a $1.8 billion leveraged loan sale for Staples Inc. as the office supplier seeks to refinance its debt load.
Mentions: MS
Banks including JPMorgan Chase & Co. and Morgan Stanley are gauging investor investor in a debt package to refinance Staples Inc.’s near-term debt, according to people with knowledge of the matter.
Brandon Charnas, already famous for being married to a social media icon, and infamous for refusing to cooperate with an insider-trading probe, is advancing into notoriety.
The proposed leveraged buyout of Macy’s Inc. is a reminder that retail has been a notoriously tough sector for private equity, with debt of companies that were taken private in recent years falling to distressed levels.
Staples Inc., which is in the process of bidding for the consumer business of ODP Corp., said Chief Executive Officer Sandy Douglas will step down from his post and be replaced on an interim basis by Chairman John Lederer.
Insider buying can be an encouraging signal for potential investors when markets face uncertainty. Insider purchases at a special purpose acquisition company (SPAC), two health...
Ascena Retail Group Inc. wound up bankrupt after cobbling together a collection of clothing retailers that racked up losses for years. Now a new owner with a history of taking on tarnished brands will try to fix them.
Victoria’s Secret is an ailing American retailer tarnished by scandal with a link to a notorious sex offender. Sycamore Partners is all in.
Although Wednesday's fourth-quarter results indicate that Office Depot Inc (NASDAQ: ODP) has made progress with its turnaround, the company continues to face challenges,...
Companies that make school supplies have figured out how to get parents to spend more by offering innovations on the basics.
LeBron James once again shifted the basketball world Sunday night, agreeing to a four-year, $154 million contract with the Los Angeles Lakers. The move pairs the NBA’s biggest star with its most iconic franchise and stands to improve the fortunes of more than just the team’s fans. Here are some of the biggest winners from the NBA’s biggest offseason news.
Mentions: NKE
New Jersey Democrats, now in control of both the governor’s office and the legislature, are considering a range of tax increases that may hit people in usual and unexpected places.
As the corporate world reckons with an always-on work culture, some of the world’s biggest companies are turning to a tool made by a Silicon Valley startup that automatically alerts employees to issues round-the-clock.
The collapse of Toys “R” Us Inc. is yet another blow for landlords, who now will have gaping holes of suburban retail space up for grabs. And few tenants would want them.
Long work hours, little vacation and not much to show for it.
Mentions: AXP
Amazon.com Inc. is far from dominating the retail sector, and is actually weaker than rivals including Wal-Mart, Costco and Best Buy, according to a new Moody’s report.
Amazon.com Inc. is far from dominating the retail sector, and is actually weaker than rivals including Wal-Mart, Costco and Best Buy, according to a new Moody’s report.
There are low expectations for the central bankers’ Wyoming hootenanny, but that’s not preventing a bit of sniping at Janet Yellen, Mario Draghi and their amigos. Our call of the day suggests some of them are behind the curve.
SPLS – Reports EPS in-line with estimates. Slightly beats on revenues.
U.S. stock futures were showing slight gains Thursday before action ramps up at the most anticipated event of the week: the gathering of global central bankers in Jackson Hole, Wyo.