Asset sales

FILE- In this July 8, 2017, file photo people walk into a Sears store slated for closing that is next to a mall that is being torn down in Overland Park, Kan. Sears has filed for Chapter 11 bankruptcy protection Monday, Oct. 15, 2018, buckling under its massive debt load and staggering losses. The company once dominated the American landscape, but whether a smaller Sears can be viable remains in question. (AP Photo/Charlie Riedel, File)
October 15, 2018 - 12:18 pm
NEW YORK (AP) — Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company that once towered over the American retail landscape can be viable. Sears,...
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September 20, 2018 - 5:51 am
LONDON (AP) — Aston Martin Lagonda, the maker of James Bond's favorite sports car, plans to raise as much as 1.27 billion pounds ($1.67 billion) when it sells shares to investors for the first time. The luxury carmaker says it will sell a 25 percent stake for between 17.50 pounds and 22.50 pounds a...
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FILE- In this Sept. 8, 2011, file photo shoppers gather outside the Henri Bendel store on Fifth Avenue during Fashion's Night Out in New York. Henri Bendel, known for its brown and white striped shopping bags, is closing in the new year. The luxury retailer’s parent company, L Brands Inc., said that Henri Bendel’s 23 stores and its website will shut down in January but that it’ll carry new merchandise during the holiday season. (AP Photo/Charles Sykes, File)
September 14, 2018 - 10:38 am
NEW YORK (AP) — The luxury retailer Henri Bendel, which opened its doors in New York's Greenwich Village at the end of the 19th century, is closing. L Brands Inc., which acquired the brand in 1985, said that the 23 Bendel stores will turn out the lights in January. The Columbus, Ohio, company said...
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FILE - This May 23, 2017, file photo shows a variety of Campbell's soups in a grocery cart at a store in Phoenix. Campbell Soup Co. plans to focus on its core snacks and soup business in North America and sell its international business, paying down debt. The Camden, N.J., company said Thursday, Aug. 30, 2018, it’s working urgently to complete all the moves by next July. (AP Photo/Ross D. Franklin, File)
August 30, 2018 - 12:53 pm
CAMDEN, N.J. (AP) — Campbell Soup Co. plans to focus on its core snacks and soup business in North America and sell its international business and pay down debt. The moves announced Thursday follow a review it began in May, when Campbell also announced the retirement of then-CEO Denise Morrison, as...
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In this May 27, 2005 file photo, bottles of the soft drink Moxie are pictured in West Bath, Maine. Soft drink giant Coca-Cola said Tuesday, Aug. 28, 2018, it is acquiring Moxie, a beloved New England soda brand that is the official state beverage of Maine. (AP Photo/Pat Wellenbach, File)
August 28, 2018 - 1:58 pm
PORTLAND, Maine (AP) — Soft drink giant Coca-Cola announced on Tuesday it is acquiring Moxie, a long-lived and beloved New England soda brand that is the official state beverage of Maine. Moxie has been around since the 19th century and it's famous in New England for its unique flavor, which is the...
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July 27, 2018 - 6:31 am
LONDON (AP) — Energy producer BP has bought BHP Billiton's shale oil and gas assets in the U.S. for $10.5 billion in a deal that will give it access to the fast-growing shale industry. CEO Bob Dudley described the deal as a "transformational acquisition." The company says the agreement will bring...
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FILE - In this Oct. 14, 2009 file photo, Necco Wafers are displayed in Boston. The owner of a company that makes candies such as Necco wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant. The Boston Globe reported Round Hill Investments LLC announced Tuesday, July 24, 2018, it is selling Necco brands to another confection manufacturer and closing down its Revere plant. (AP Photo/Charles Krupa, File)
July 25, 2018 - 12:09 pm
REVERE, Mass. (AP) — The owner of the company behind chalky, colorful confections such as Necco Wafers and Sweethearts has unexpectedly shut down operations at its Massachusetts plant and hasn't said if candy production will resume. The Boston Globe reports Round Hill Investments LLC announced...
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