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Stock impact report

Express Closing 106 Stores as It Plans for Rebirth After Bankruptcy [Yahoo! Finance]

Simon Property Group, Inc. (SPG) 
Last simon property group, inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.simon.com
Company Research Source: Yahoo! Finance
But experts say the brand itself — once a mainstay of shoppers who wanted to look sharp as they entered the workforce — still has plenty of work to do as it seeks to find its place with today's consumers. More from WWD Express Files for Chapter 11 Bankruptcy Protection Barneys New York's Phyllis Pressman Dead at 95 Ted Baker Partners With Brooklyn Botanic Garden on Capsule Express filed for Chapter 11 bankruptcy in the early hours on Monday with a letter of intent from a familiar suitor — Phoenix, which is a joint venture of brand management firm WHP Global and two of the retailer's key landlords, Simon Property Group and Brookfield Properties. That could be a lifeline for the company. But Stewart Glendinning, the Tyson Foods veteran who became chief executive officer of Express in September, warned in his declaration to the court that the retailer needs to reach a deal with a buyer quickly. “The biggest impediment to a going-concern transaction will be time,” Glendin Show less Read more
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