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Stock impact report

Express may lay off over 600 employees at corporate offices in Columbus [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
Express, whose portfolio includes Bonobos and UpWest, filed for bankruptcy Monday and plans to close 95 Express stores and all 10 of its UpWest stores. The company did not specify which Express locations will be shut down. In a news release, Express claimed the Chapter 11 bankruptcy protection was to “facilitate the sale” of most of its operations to an investor group, which includes WHP Global, Simon Property Group and Brookfield Properties. Subject to court approval, Express said it received a letter of intent from the investors to buy the assets. Columbus Zoo reports stolen car and break-ins from masked suspects in parking lot In connection to the company's bankruptcy filing, Express stated it expects closing offices at 1 Express Drive, near Easton Town Center, and at 235 N. Fourth St. Downtown. In a Worker Adjustment and Retraining Notification, or WARN, notice filed Tuesday with the state, the company said if restructuring efforts fail or the buyer fails to provide a suf Show less Read more
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