JCPenney filed for bankruptcy protection in 2020 and was acquired by Simon Property and Brookfield Asset Management for $800 ...
Canadian pension funds could face a 44% hit to annual returns by 2050, according to a study of climate risk by Ortec Finance, ...
Popular fashion retailer JC Penny has merged with SPARC Group — the owner of iconic brands Aéropostale, Eddie Bauer, Nautica and more — to form new retail conglomerate, Catalyst Brands. “Catalyst ...
The new group will help advisors build tailored portfolios for clients with custom asset allocation and multi-asset ...
Aimco (AIV) to explore options to maximize shareholder value, including potential asset sales or a sale/merger of the company ...
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
The transaction was announced Jan. 8 with the new company launching with $9 billion in revenue, 1,800 stores and 60,000 ...
Despite restructuring efforts, improvement in profits of the superstore business has yet to yield results. Management has taken further measures, including priority to foodservice growth with a focus ...
Gold pays no interest and is not an income-generating asset. It usually falls in price when bond yields rise, which they have ...
HBAN introduces two new industry verticals. This expansion supports the bank's broader efforts to diversify and enhance its ...