By IBTimes
Simon Property Group (NYSE: SPG), the largest U.S. mall landlord, is expected to have higher profits in the first quarter as its strong properties drive higher revenue. (Apr 26)
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NYSE, RETAIL, INVESTMENT
By IBTimes
Turnaround advisor AlixPartners has been put up for sale in a deal that may value the firm at more than $1 billion. (Apr 12)
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GENERAL MOTORS
By IBTimes
One of the oldest neighborhoods in Manhattan may soon get closer to nature. SHoP Architects and mall operator Howard Hughes Corp. (NYSE:HHC) unveiled an emerald proposal for the Pier 17 mall on the South Street Seaport last Thursday that will ease the historic district into the present. (Mar 14)
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NYSE, RETAIL, NEW YORK, AMERICAN EXPRESS, COMMERCIAL REAL ESTATE
By IBTimes
Sears Holdings Corp posted a large fourth-quarter net loss of $2.40 billion compared with $374 million profit last year resulting in its statement that it would sell or spin off many of its stores to boost liquidity. (Feb 23)
By Reuters
Sears Holdings Corp <SHLD.O> plans to raise about $770 million spinning off a business of about 1,250 stores and selling some prime real estate, hoping to convince Wall Street that the struggling chain has enough assets to tap to pay down debt. (Feb 23)
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WAL-MART, RETAIL, NEW YORK, MANAGEMENT, CREDIT SUISSE
By IBTimes
Shares of Sears rose 21.64 percent to $63.53 in mid-afternoon trading. (Feb 23)
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MANAGEMENT