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Jessica DiNapoli

Exclusive: J.C. Penney taps debt restructuring advisers: sources

12:01pm BST

J.C. Penney Co Inc has hired advisers to explore debt restructuring options that would buy more time for the money-losing U.S. retailer to forge a turnaround, people familiar with the matter said on Thursday.

Exclusive: Barneys New York explores options that include bankruptcy - sources

14 Jul 2019

NEW YORK U.S. luxury department store operator Barneys New York Inc is exploring options that include a bankruptcy filing, as it struggles with high rents and changing consumer tastes, people familiar with the matter said on Saturday.

RPT-FOCUS-Hudson's Bay's chairman's buyout bid pits retail vs real estate

24 Jun 2019

June 23 The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said.

Unit at Philadelphia refinery completely destroyed in fire: sources

23 Jun 2019

The alkylation unit involved in a massive fire on Friday at Philadelphia Energy Solutions Inc's oil refinery has been completely destroyed, which will hamper the supply of gasoline from the U.S. East Coast's largest refinery, sources familiar with the matter said on Sunday.

UPDATE 2-Unit at Philadelphia refinery completely destroyed in fire - sources

23 Jun 2019

June 23 The alkylation unit involved in a massive fire on Friday at Philadelphia Energy Solutions Inc's oil refinery has been completely destroyed, which will hamper the supply of gasoline from the U.S. East Coast's largest refinery, sources familiar with the matter said on Sunday.

Hudson's Bay's chairman's buyout bid pits retail versus real estate

23 Jun 2019

The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said.

MOVES-Gunmaker Remington taps outdoor sporting executive as CEO

14 Jun 2019

June 14 U.S. firearms maker Remington Arms Company LLC has hired former outdoor sporting goods executive Ken D'Arcy as its new chief executive, roughly a year after emerging from bankruptcy amid faltering gun sales, D'Arcy told Reuters on Friday.

TCW's head of alternative products Jess Ravich leaves firm

13 Jun 2019

NEW YORK Jess Ravich, the head of alternative products at TCW Group Inc, has left the U.S. asset management firm, a company spokesman said on Wednesday.

Hudson's Bay chairman puts together $1.3 billion offer for retailer

10 Jun 2019

Hudson's Bay Co Executive Chairman Richard Baker said on Monday he had teamed up with other shareholders to offer to take the struggling Canadian department store operator private in a C$1.74 billion ($1.3 billion) cash deal. | Video

Exclusive: Wells Fargo board weighs keeping interim CEO in place - sources

05 Jun 2019

Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking.

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