Sears snags a new $100 million lifeline as losses continue

Sears has reached a deal for a new financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP as it tries to stabilize after bankruptcy, people familiar with the matter said Thursday......»»

Exclusive: Sears snags new financial lifeline as losses continue - sources.....»»

Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances......»»

Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances......»»

Sears told Reuters on Thursday it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the beleaguered U.S. department store chain's finances......»»

U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said......»»

As the state scrambles for more resources, California wildfire victims claim hundreds of million in losses. California wildfires have scorched the state this summer, and the costs continue to mount. California’s fire agenc.....»»

Sears controlling shareholder Edward Lampert spent years keeping the retailer out of bankruptcy court. Now a $300 million lifeline and a speedy chapter 11 sale may be his best chance at keeping control of its remains......»»

Since filing for Chapter 11 bankruptcy, Sears has been trying to convince suppliers to keep shipping it merchandise by touting the $300 million in financing it has secured so that its business can continue operating through the holidays......»»

Despite a revenue dip, Urban-gro Inc (UGRO) showcases a significant reduction in losses and a robust $99 million backlog, poised for growth with potential regulatory changes.Related Stocks: UGRO,.....»»

A Pittsburgh nonprofit dedicated to reducing Black maternal and infant mortality will be receiving $1 million from the federal government to continue its efforts......»»

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accus.....»»

A recent $1 million government contract will help Albuquerque-based Verus Research continue advancing the research and development company's satellite-based software technology......»»

The property last sold for $12 million in 2017......»»

John Danis, CEO of Danis, shared insights into the companies employment growth, set to continue in 2024......»»

UBS, Nomura Fined $450 Million For Bond Cartel Chatroom Collusion As if having clueless prime brokers who just cost them hundreds of millions in losses wasn't enough, on Thursday morning Nomura and UBS, both of which were.....»»

Another Chicago venture capital firm has closed a new fund as the city's tech scene looks to continue its hot streak of deals in 2021. 7wireVentures, a health care-focused VC firm, announced it raised $150 million for its latest fund. The new fund fo.....»»

Shares of Canoo Inc. weaved between gains and losses in the extended session Monday after the electric-vehicle startup reported a narrower-than-expected quarterly loss. Canoo said it lost $15.2 million, or 7 cents a share, in the first .....»»

Egypt lo.....»»

U.S. stock-index futures point to further losses for equities, with inflation worries seen keeping pressure on previously highflying tech stocks......»»