|Bid||2.20 x 3200|
|Ask||2.39 x 1200|
|Day's Range||2.25 - 2.41|
|52 Week Range||1.99 - 10.76|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 22, 2018 - Aug 27, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Bankrupt fashion company Nine West Holdings Inc has asked investment bank Lazard Ltd to help it explore a sale, people familiar with the matter said on Friday, a month after its namesake brand known for its footwear and handbags fetched $340 million in an auction. The sale of the Nine West brand, for $140 million more than the first offer, has emboldened the company to seek an outright sale for its remaining assets which include its jeanswear and jewelry businesses, and the Anne Klein and Kasper women's' brands, the sources said. Nine West is also considering selling the businesses piecemeal, the sources said.
Moody's Investors Service, ("Moody's") has affirmed the ratings eight classes classes in Wells Fargo Commercial Mortgage Trust 2017-C38, Commercial Mortgage Pass-Through Certificates, Series ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on Thirteen classes in Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7, Commercial Mortgage Pass-Through Certificates ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes of CMBS securities, issued by JPMCC Commercial Mortgage Securities Trust 2017-JP7, Commercial Mortgage Pass-Through ...
Sears Holdings (SHLD) has pruned the workforce at its corporate offices in Hoffman Estates, according to a CNBC report. In June, the company fired 200 employees—150 job losses were at Sears’ Hoffman Estates support center. CNBC added that Sears laid off 220 employees at its corporate offices earlier in 2018.
Sears in June made another round of layoffs at its corporate offices in Hoffman Estates, Illinois. About 200 workers were let go, with about 150 of those working specifically at Sears’ Hoffman Estates support center. The size of the remaining staff at Sears' corporate offices isn't immediately known.
Over the last month, growth of ETFs holding SHLD is favorable, with net inflows of $4.37 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
SAVAR, Bangladesh (AP) — Bangladesh tanneries prepping leather for shoes, belts, wallets and purses are dumping toxic chemicals into a river at a new industrial complex more than a year after the government shut them down for poisoning a different river and using child labor.
The only thing more dangerous for America’s malls than a string of apparel-chain bankruptcies is when the trouble hits department stores. Retailers like J.C. Penney Co. and Macy’s Inc. are considered “anchors” that keep malls humming and foot traffic flowing. Now, many landlords are pushing to eliminate or narrow the escape clauses in the wake of mass department-store closings.
Malls anchored by department stores like Sears Holdings Corp (NASDAQ: SHLD) dominated the retail segment decades ago — and are among the most challenged today, Kodali said. On the other hand, new-age "neighborhood centers" anchored by anything from Whole Foods to Sprouts Farmers Market Inc (NASDAQ: SFM) and Michaels Companies Inc (NASDAQ: MIK) are finding success, the analyst said.
Sears provides an updated list of stores that it will close in September, including 62 Sears stores and 16 Kmart stores.
Moody's Investors Service, ("Moody's") has affirmed the ratings on eight classes in WFRBS Commercial Mortgage Trust 2013-C15: Cl. A-3, Affirmed Aaa (sf); previously on Jul 7, 2017 Affirmed Aaa ...
The vacancy rate at regional and super regional malls in the U.S. reached 8.6 percent in the second quarter of 2018, Reis found. The news comes as retailers such as Toys R Us and Bon-Ton have filed for bankruptcy and shuttered hundreds of locations. U.S. malls haven't been this empty since 2012, when the retail industry was clawing its way back after the Great Recession, according to a new report from real estate research firm Reis.
Sears' brick-and-mortar presence in Wisconsin continues to recede. The retailer late last week informed employees at another 10 of its locations, including the company's full-line Sears store in Madison's West Towne Mall, that it would be ceasing operations of those stores in late September of this year. The West Towne Sears is the only Wisconsin location affected in this round of closures.
Moody's Investors Service ("Moody's") Moody's affirms eight classes of BANK 2017-BNK5 Mortgage Trust, Commercial Mortgage Pass-Through Certificates Series 2017-BNK5, as follows: Cl. A-1, Affirmed ...
In light of the slow-motion (and sometimes not-so-slow) trainwreck it’s become, nothing Sears Holdings Corp (NASDAQ:SHLD) does anymore is truly shocking to the few lingering owners of Sears stock still around.
Moody's Investors Service, ("Moody's") has affirmed the ratings on nine classes in COMM 2013-CCRE12 Mortgage Trust, Commercial Pass-Through Certificates as follows: Cl. A-2, Affirmed Aaa (sf); ...
Amazon.com, Inc. (NASDAQ:AMZN) has seen a recent decline. Worries in the overall market and the latest round of failures related to Amazon Fresh have weighed on the stock. Amazon stock can recover from its recent $100+ per share drop.
NEW YORK, June 25, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CPI ...
Moody's Investors Service, ("Moody's") has affirmed the ratings on 10 classes in WFRBS Commercial Mortgage Trust 2012-C9, Commercial Pass-Through Certificates, Series 2012-C9: Cl. A-3, Affirmed ...
Never let it be said Starbucks (NASDAQ:SBUX) can’t come up with excuses why it’s not performing as well as it has in the past. Within the past few days, the company has suggested slowing delivery-based business in China, higher labor costs, healthier diets and lackluster innovation all contributed to the lowering of an already-tepid growth outlook for the current quarter. In that same vein of intellectual honesty though, there’s a much bigger reason slowing sales led to a two-day, 11% plunge from SBUX stock that dragged it to multi-month lows.
Moody's Investors Service, ("Moody's") has affirmed the ratings on twelve classes in GS Mortgage Securities Trust 2014-GC24, Commercial Mortgage Pass-Through Certificates, Series 2014-GC24 Cl. ...