Recent Posts

Sears seeks store offers for turnaround

Bloomberg Sears Holdings Corp. is shopping around its stores, looking to gauge what they’re worth in the open market while it weighs Chairman Eddie Lampert’s $4.6 billion bid to buy the entire chain and keep it open. The firm has hired real estate firm Jones Lang LaSalle Inc. to market its portfolio of about 500 US stores and so far ...

Read More »

Bombardier CFO plans to refinance bonds soon

Bloomberg Bombardier Inc., the debt-laden manufacturer in the middle of a turnaround plan, expects to be able to refinance bonds next year even if high-yield markets remain skittish. The company’s next major debt maturity is $850 million due in March 2020, with more than $2 billion coming the year after that, according to company filings. As the 2021 maturities come ...

Read More »

Delta bans ‘support animals’ on flights

Bloomberg Delta Air Lines Inc. is barring emotional-support and service animals that are less than four months old, while banning all support animals from flights longer than eight hours. The changes will take effect for tickets issued on or after December 18, the carrier said. Passengers who bought tickets before then and who already requested to travel with an emotional ...

Read More »
Send this to a friend