Jacksonville, FL—Stein Mart Inc. got a much needed reprieve Wednesday from being delisted from the NASDAQ stock exchange. The … [Read more...]
Securities & Exchange Commission (SEC)
JCPenney’s SEC Filing Reports 43,000 Fewer Employees?
Plano, TX—The required filings and statements that public companies must supply the Securities and Exchange Commission (SEC) are … [Read more...]
Lampert Spends $13 Million on More Sears Holdings Shares
Chicago—In a move that apparently reassured investors over his Sears Holdings Corp., Edward Lampert, the company’s chairman … [Read more...]
Clinton Group Has Short Lived Victory in Wet Seal Battle?
Foothill Ranch, CA—After an apparent brief victory whereby Wet Seal board members agreed to resign and be replaced by … [Read more...]
Wet Seal Board, Activist Investor Step Up War of Words
Foothill Ranch, CA—No resolution appears in sight in the proxy battle at Wet Seal that has pitted the young women’s … [Read more...]
Wet Seal’s Board Urges Stockholders to Postpone Replacing Them
Foothill Ranch, CA—Saying that its recently implemented fast fashion strategy will have a positive impact on Wet Seal results … [Read more...]
With Flat Q1 Profit, Tiffany Lowers Forecast as U.S. Jewelry Sales Soften
New York—Stung by softening sales in the Americas and its New York flagship, Tiffany & Co. reported today a … [Read more...]
Feds to Investigate Walmart over Mexican Bribery Charges
Washington—The U.S. Justice Department has reportedly launched a criminal investigation of Walmart regarding alleged $24 million … [Read more...]
JCPenney: New Pricing Strategy May Hurt Sales for Some Time?
Plano,TX—JCPenney has warned its shareholders that its new “everyday low price” strategy, which began Feb. 1, could hurt … [Read more...]
Talbots Reconsiders Sycamore’s Buyout Offer?
Hingham, MA—After rejecting a $212 million buyout offer from Sycamore Partners, it largest shareholder, in December, Talbots … [Read more...]
American Apparel “Rescue” Investors to Sell Off Shares?
Los Angeles—The Canadian investment group that stepped in with $15 million to rescue American Apparel from sliding into … [Read more...]

