Hints and tips:
...The New York hedge fund manager has been accused of a breach of his duty to fellow Neiman Marcus creditors, after trying to persuade a rival investor not to bid for preferred shares issued by a unit of the...
...It has become an almost daily occurrence to hear of a department store filing for bankruptcy or close to it: Neiman Marcus, Lord & Taylor and many others teetering on the edge....
...These vehicles were all the rage in the early aughts — Warburg Pincus and TPG bought the US department store chain Neiman Marcus in 2005 financed with PIK debt (what a story that would become), the same...
...The coronavirus pandemic has brought nothing good for companies like retailer Neiman Marcus and car rental outfit Hertz....
...The financing fight at Travelport is the latest in a series and resembles similar brawls at Petsmart, Neiman Marcus, iHeartMedia, Cirque du Soleil and many others where private equity owners tried to keep...
...Junk-rated retailers with large debt burdens, cited by the rating agency Moody’s, include luxury chain Neiman Marcus, with outstanding debt of $6.1bn, mass market department store operator JCPenney ($4.2bn...
...Fung was previously interim CFO for the luxury department store group Neiman Marcus as well as the retail chain 99 Cents Only....
...SRLN's last report said it owned more than 250 loans, including those from Neiman Marcus, Four Seasons Holdings and Ancestry.com....
...Moody’s has identified a number of other stores that could be the next, dominated by chains that had been commonly found in American malls through the 1990s and 2000s, such as Neiman Marcus, Sears and Claire...
...About 40 per cent of the enterprises also expect business to weaken in Britain....
...Some might look to Google parent Alphabet or Apple, the technology groups for whom cars are just a large research cost; most, though, alight on Tesla, the electric carmaker....
...While Karen Katz, president of the Neiman Marcus Group, suggests its Manhattan location will be “the store of the future”....
...Neiman Marcus reported that 2016 sales were down 2.9 per cent on the year before, with four straight quarterly declines....
...Neiman Marcus, the venerable US luxury department store, has fired the starting gun on an initial public offering as the group’s private equity backers ready for an exit....
...Stock market volatility, a factor behind the postponement of share sales by the grocer Albertsons and retailer Neiman Marcus in 2015, could also contribute to a shift in the balance between supply and demand...
...In the US, it is hard to predict the impact of potential interest rate rises by the Federal Reserve, but so far BATS Global Markets has filed to list while Albertsons, Neiman Marcus and SoulCycle, the chain...
...Health, Neiman Marcus and 24 Hour Fitness....
...Given that the buyer was private equity and every nickel spent diminishes their IRR, option B was selected and so the private equity group paid $33.86/share....
...Department store Neiman Marcus said 2,400 customer credit cards might have been used fraudulently and the data of approximately 1.1m could have been compromised....
...The agency examines cyber crime cases alongside the Secret Service, which is investigating the data breaches at Target and Neiman Marcus. A Secret Service spokesperson declined to comment....
...News that the Hudsons Bay Company is buying Saks Fifth Avenue for $2.9 billion may take many by surprise (recent rumours focused on Neiman Marcus and NY real estate mogul Barry Sternlicht), but it also throws...
...Republicans to quickly lift the country’s borrowing limits (Financial Times) BlackRock: being simple is being good (Financial Times, Lex) The candidate who won’t save India (WSJ) Breach at Neiman Marcus...
...Back to top The 800 Pound Gorilla – Comcast Enter Comcast, the industry heavyweight with 52m customers, ownership of entertainment group NBCUniversal and a $172bn enterprise value....
...For buyout investors wanting to take Saks private, or merge it with Neiman Marcus, the plan would be to strip out costs....
...Earnings also came in above estimates as the company lifted the profit margins in its PC and printing businesses, although margins shrank in the enterprise computing division....
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