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Toy Stocks Fall On News Of Potential Toys R Us Bankruptcy
Wednesday, September 6, 2017 - 3:39pm | 347Read More...Toyland is in trouble. Hasbro, Inc. (NASDAQ: HAS), Mattel, Inc. (NASDAQ: MAT) and JAKKS Pacific, Inc. (NASDAQ: JAKK) each plunged about 2 percent Wednesday on news that Toys R Us hired restructuring lawyers to help address about $400 million in debt and potentially file for bankruptcy. The national...
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Toshiba's Chips Are Past Their Sell-By Date, And Investors Are Buying American
Wednesday, June 28, 2017 - 10:24am | 529Read More...Turmoil in Japan has semiconductor stocks on the move, as Toshiba faces pressure on two fronts over the sale of its highly-prized chip business. The company failed to sell the business by Wednesday, a self-imposed deadline coinciding with its annual shareholder meeting. The Offers Toshiba had no...
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Toshiba Sues Western Digital For $1 Billion In Dispute Over Chip Business
Wednesday, June 28, 2017 - 9:06am | 446Read More...Toshiba Corp. has sued California-based Western Digital Corp (NASDAQ: WDC) for $1 billion for purportedly interfering with the struggling Japanese company’s plans to sell off its lucrative flash memory unit. Toshiba, teetering on the brink of death after an ill-fated foray into nuclear power...
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Like A Caveman Ogling An iPhone, Harley Eyeing Purchase Of Ducati
Thursday, June 22, 2017 - 12:42pm | 447Read More...In what many motorcycle enthusiasts would consider a marriage made in hell, Harley-Davidson Inc (NYSE: HOG) is considering buying Italian motorcycle manufacturer Ducati, the epitome of elegant engineering and sophisticated styling. Harley, which makes loud and comparatively brutish motorcycles, is...
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Canada Goose Could Be The Biggest Apparel IPO Since Lululemon
Tuesday, February 14, 2017 - 5:12pm | 266Read More...Canada Goose Inc. known for its trademark $900 Parka with coyote fur-lined hoods, has confidentially for an IPO that is expected to value the company at $2 billion. The move by the Toronto-based brand marks the first retailer to go public on a U.S. exchange in over a year. Canada Goose plans to...
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Tiffany & Co. Shines Brighter
Tuesday, November 29, 2016 - 10:49am | 443Read More...Jewelry retailer Tiffany & Co. (NYSE: TIF) reported Tuesday ahead of the market open higher third-quarter earnings and revenues, with the revenues rising for the first time in eight quarters. Earnings Beat; Sales Up Quarterly earnings per share were at $0.76, up from $0.70 in the year-ago...
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Toys 'R' Us CEO's Turnaround Plan: Become More Of A 'Toy Store,' Less Of A 'Garage Sale'
Monday, September 19, 2016 - 1:22pm | 578Read More...Dave Brandon is the CEO of Toys "R" Us, and he isn't happy at all with what he sees inside the retail locations. According to a Bloomberg report, Brandon visited a Toys "R" Us store in Secaucus, New Jersey, and needed just five minutes before spotting problems....
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Report: McDonald's Has Hired Bankers To Help Explore Sale Of 2,800 Restaurants In Asia
Thursday, April 14, 2016 - 9:13am | 211Read More...According to a report by Reuters, McDonald's Corporation (NYSE: MCD) is in discussions with private equity firms to buy 2,800 of its restaurants in North Asia. McDonald's has been active in seeking partners or buyers for its Asian assets for the past few months. Related Link: McDonald's Announces...
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Report: McDonald's Received At Least Two Bids For A Stake In Its Japanese Unit, But High Valuation A Concern
Wednesday, January 20, 2016 - 2:28pm | 230Read More...According to Nikkei Asian Review, multiple investment firms, including Bain Capital and Permira "likely" submitted an offer to acquire a stake McDonald's Corporation (NYSE: MCD)'s Japanese unit. Nikkei Asian Review reported back in December 2015 that McDonald's has been...
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Why Are So Many Key Hedge Funds Closing Down?
Wednesday, October 21, 2015 - 9:37am | 440Read More...This year has been the worst year for hedge fund shutdowns since 2008. More than 400 funds shut down in the first half of the year. Of the remaining funds, average 2015 returns are nearly flat. There’s no doubt about it: 2015 has been a rough year for hedge funds. New data from Bloomberg...
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Hellman & Friedman Made Offer To Acquire Shutterfly
Wednesday, August 20, 2014 - 11:31am | 138Read More...Hellman & Friedman submitted a bid to acquire Shutterfly (NASDAQ: SFLY) earlier this week, Bloomberg reported Wednesday. In addition to Hellman & Friedman, other private equity firms including Bain Capital have also shown interest in acquiring Shutterfly. Shutterfly has been working...
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5 Of The Best Retailers For Kids
Friday, August 8, 2014 - 9:06am | 681Read More...Whether shopping for back-to-school, winter holidays, birthdays or in general, shopping for children is a unique experience. Retailers that specialize in children’s clothing, furniture or toys might seem to be the best bet, but that's not always the case. Here are five of the best...
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Will Michaels Debt Hurt Its IPO?
Thursday, June 26, 2014 - 1:32pm | 423Read More...Arts and crafts retailer Michaels (NASDAQ: MIK) is set to open for trading Friday and will be scraping for demand among other new issues in the busiest IPO week for a June since 2000, according to Renaissance Capital. Michaels was taken private in 2006 by Bain Capital and Blackstone Group...
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BlackBerry Wants A Buyer In Time For Thanksgiving (BBRY)
Thursday, September 5, 2013 - 9:44am | 516Read More...Turkey, stuffing and new game consoles are not the only things that are expected to be sold during the holiday shopping season. If BlackBerry (NASDAQ: BBRY) has its way, the Canadian smartphone maker will find a buyer -- and wrap up its auction process -- by November. According to The Wall Street...
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These 11 Companies Are Teaming Up to Help Victims of the Boston Marathon Bombings
Friday, April 19, 2013 - 2:57pm | 1028Read More...A number of companies, many Boston-based, are donating thousands of dollars in support of victims and their families affected by the tragic Boston Marathon bombings on April 15. Out of the pack, none has made a bigger splash on social media than Dunkin' Donuts (NASDAQ: DNKN), who has pledged $100,...














