Content about Investment banks

November 14, 2013

Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors announced that Robert E. Grosskopf and Richard P. Edwards have been appointed co-presidents of the retail division.

Boston -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors announced that Robert E. Grosskopf and Richard P. Edwards have been appointed co-presidents of the retail division. They will jointly assume responsibility for the division's growth strategy while overseeing all client engagements and daily operations.

April 12, 2013

J.C. Penney Co. has hired the Blackstone Group explore how best to position the firm financially and help it raise cash, the Wall Street Journal reported.

New York -- J.C. Penney Co. has hired the Blackstone Group explore how best to position the firm financially and help it raise cash, the Wall Street Journal reported.

The company is reportedly seeking $1 billion in cash, according to the Wall Street Journal, which added that options could include selling a minority stake. Penney already has been in contact with several private equity firms about a potential investment, according to the report.  

September 26, 2012

Vestar, in a joint venture with a fund advised by UBS Global Asset Management, announced that it has acquired Riverside Plaza, a 475,211-sq.-ft. retail center located on 35 acres in Riverside, Calif., for $84,844,000 in an all cash transaction.

Riverside, Calif. -- Vestar, in a joint venture with a fund advised by UBS Global Asset Management, announced that it has acquired Riverside Plaza, a 475,211-sq.-ft. retail center located on 35 acres in Riverside, Calif., for $84,844,000 in an all cash transaction. The acquisition marks one of the largest investment sales transactions in Southern California's Inland Empire region in the past 10 years. Vestar currently manages more than 22 million sq. ft. of retail properties in the West.

June 26, 2012

A just-released report from the Wall Street Journal said that Best Buy founder Richard Schulze, who resigned his chairman of the board seat earlier this month, may be looking into buying out the company.

Minneapolis -- A just-released report from the Wall Street Journal said that Best Buy founder Richard Schulze, who resigned his chairman of the board seat earlier this month, may be looking into buying out the company.

Schulze is said to be working with bankers from Credit Suisse. At the time of his resignation as chairman, he owned approximately 20% of the company.
 

December 2, 2011

Michael Kors Holdings Ltd. is looking to raise as much as $792.3 million in an initial public offering that could value the company at $3.63 billion.

New York City -- Michael Kors Holdings Ltd. is looking to raise as much as $792.3 million in an initial public offering that could value the company at $3.63 billion.

The luxury brand, which has 169 stores in North America and 34 in Europe and Japan, said in a regulatory filing that it is offering 41.7 million shares on behalf of existing shareholders for $17 to $19 each.

September 21, 2011

LandMark Retail Group, a subsidiary of NewMark Merrill Cos., has partnered with Accubranch, a strategic planning and market research group that specializes in providing real estate advice to the regional banking industry.

Woodland Hills, Calif. -- LandMark Retail Group, a subsidiary of NewMark Merrill Cos., has partnered with Accubranch, a strategic planning and market research group that specializes in providing real estate advice to the regional banking industry.

February 24, 2011

Kohl's Corp. reported Thursday that its fourth quarter net earnings rose 14% and the board authorized the first dividend in the company's history.

Menomonee Falls, Wis. -- Kohl's Corp. reported Thursday that its fourth quarter net earnings rose 14% and the board authorized the first dividend in the company's history. But the chain said consumers will remain cautious in 2011 and gave a full-year earnings forecast below Wall Street’s expectations.

Kohl’s said that income the quarter ended Jan. 29 increased to $493 million from $431 million a year earlier, slightly ahead of predictions. Revenue rose 6% to $6.04 billion from $5.68 billion, in line with projections.

February 8, 2011

Multiple news sources reported late Monday that discounter Big Lots is exploring its options, including a potential sale. No reports have yet been confirmed by the retailer.

Columbus, Ohio -- Multiple news sources reported late Monday that discounter Big Lots is exploring its options, including a potential sale. No reports have yet been confirmed by the retailer.

According to Bloomberg, which cited an unnamed source, Big Lots is exploring a possible sale of the company after receiving interest from buyout firms. Big Lots has a total enterprise value of $2.6 billion, according to Capital IQ.

May 25, 2010

J. C. Penney Co. announced the completion of two related transactions aimed to further strengthen...

May 17, 2010

Caruso Capital Partners, LLC, an affiliate of Caruso Affiliated, said it has hired Bryce Ross...

March 15, 2010

Regional banking company KeyCorp said late Monday that it named Edward W. Stack, chairman and...

March 11, 2010

Founders Properties, LLC, announced on Friday the formation of a joint venture company that will...

March 10, 2010

Panera Bread Co. appointed a private-equity investor, Thomas E. Lynch, to its board of directors....

January 28, 2010

Billionaire investor Ronald Burkle is setting into motion plans to take a controlling stake in...

June 3, 2009

Borders Group on Thursday said that its chairman Bennett LeBow, the chain’s largest shareholder, would...

July 14, 2008

Walgreen Co. said Tuesday it priced a $1.3 billion, five-year offering and will use proceeds...

April 20, 2008

Sears Holdings Corp said in a filing with the Securities and Exchange Commission on Friday...

November 8, 2005

New York City, ...

November 8, 2005

New York City, ...

November 2, 2005

New York City, ...

November 2, 2005

New York City, ...

October 11, 2005

Boise, Idaho, This...

October 11, 2005

Boise, Idaho, This...

September 1, 2005

Boise, Idaho, The...

September 1, 2005

Boise, Idaho, The...