Bed, Bath & Beyond investors watching merchandise mix during sales slump

NEW YORK, NY, Sept 28 (Reuters) – Bed Bath & Beyond (BBBY.O) investors will be closely watching the home goods retailer’s second quarter earnings on Thursday for clues as to how customers are responding to its merchandise overhaul. The holiday season will be Bed Bath & Beyond’s “make-or-break moment” to show shoppers that its new … Read more

Analysis: Overstretched US companies feel the pinch of higher borrowing costs

Sharpie markers owned by Newell Brands are seen for sale in a store in Manhattan, New York City, US, February 7, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Register Sept 20 (Reuters) – When US consumer products company Newell Brands Inc (NWL.O) refinanced $1.1 billion worth of bonds earlier this month, … Read more

Documentary on activist photographer wins rare top film prize at Venice

Register now for FREE unlimited access to Register VENICE, Sept 10 (Reuters) – “All the Beauty and the Bloodshed”, a documentary about US photographer Nan Goldin and her fight against the wealthy Sackler family, won the top Golden Lion award at the Venice Film Festival on Saturday. Made by investigative journalist Laura Poitras, the … Read more

Scandinavian airline SAS gets US court approval for $700 million financing

SAS airplanes are parked at the Oslo Airport Gardermoen, as Scandinavian airlines (SAS) pilots go on strike, Norway July 4, 2022. Beate Oma Dahle/NTB via REUTERS Register now for FREE unlimited access to Register Sept 9 (Reuters) – Bankrupt Scandinavian airline SAS AB (SAS.ST) on Friday said it has received US court approval for … Read more

UK’s Cineworld gets nod to access about $785 million financial aid, shares jump

People walk past a Cineworld in Leicester Square, amid the coronavirus disease (COVID-19) outbreak in London, Britain, October 4, 2020. REUTERS/Henry Nicholls/File Photo Register now for FREE unlimited access to Register Sept 9 (Reuters) – Movie chain operator Cineworld Plc (CINE.L) said on Friday a US bankruptcy court had granted it access to up … Read more

SAS bridge financing keeps survival hopes airborne, shares climb

SAS Link’s Embraer E195 aircraft lands at Kastrup Airport, as pilots of Scandinavian Airlines go on strike, in Kastrup, Denmark July 4, 2022. TT News Agency/Johan Nilsson via REUTERS Register now for FREE unlimited access to Register STOCKHOLM, Aug 15 (Reuters) – Scandinavian airline SAS (SAS.ST) kept its bid for survival aloft at the … Read more

SAS secures $700 million financing to aid restructuring

Aug 13 (Reuters) – Scandinavian airline SAS (SAS.ST) said on Saturday it entered into an agreement with Apollo Global Management (APO.N) to raise $700 million of fresh financing it needs to see it through bankruptcy. The airline filed for bankruptcy protection in the United States in early July to help cut debt after the collapse … Read more

UK financial watchdog fines three former Carillion executives

Financial Conduct Authority’s (FCA) logo is seen at their head offices in London, Britain March 10, 2022. REUTERS/Toby Melville Register now for FREE unlimited access to Register LONDON, July 28 (Reuters) – Britain’s financial watchdog said on Thursday it has fined three former executives of Carillion for “recklessly” publishing misleading financial statements before the … Read more

Factbox: The crypto crash hit these companies the hardest

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Register July 28 (Reuters) – Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap … Read more