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Citizens Bank announced that Citizens Commercial Banking has hired Laura Neenan Fogarty as head of its national healthcare banking group. Fogarty joins Citizens following a successful 20-year banking career providing solutions to corporate clients... Read Story

July 25, 2017 @ 08:15 AM

Michael Kors Holdings Limited, a global fashion luxury brand, announced that it has reached an agreement to acquire Jimmy Choo, a global luxury footwear and accessories brand. Under the terms of the transaction, Jimmy Choo shareholders will receive... Read Story

Filed Under: Retail
July 25, 2017 @ 08:00 AM

As part of an ongoing strategy to expand operations in new markets, Wells Fargo’s Business Banking Group (BBG) named Don Hayes head of the newly established Ohio & Western Pennsylvania region. In this role, Hayes leads a local team dedicated to... Read Story

July 25, 2017 @ 08:00 AM

Sonoco, one of the largest diversified global packaging companies, announced it has signed a definitive agreement to acquire 100% of the stock of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic... Read Story

Filed Under: Packaging
July 25, 2017 @ 07:13 AM

Capital One announced that it served as the administrative agent for a $45 million senior credit facility to Black Mountain. The facility consists of a $40 million term loan and a $5 million revolver. Founded in 2007 and headquartered in San Diego... Read Story

Filed Under: Technology
July 25, 2017 @ 07:07 AM

The amount of cash held by US non-financial companies totaled $1.84 trillion at the end of 2016, up 9.2% from $1.68 trillion at the end of 2015, Moody's Investors Service says in a new report. The top-five cash hoarders all come from the technology... Read Story

Filed Under: Economic Commentary
July 24, 2017 @ 08:01 AM

Sears Canada Inc. announced that a joint venture group formed among Hilco Global (through its Canadian division, Merchant Retail Solutions, ULC), Gordon Brothers, Tiger Capital Group and Great American Group, began operating liquidation sales on... Read Story

Filed Under: Bankruptcy
July 24, 2017 @ 08:00 AM

Tahoe Resources Inc. announced that the Company has entered into an Amended and Restated Credit Agreement  with a syndicate of lenders to increase its revolving credit facility from $150 million to $300 million with a $50 million accordion feature... Read Story

Filed Under: Mining
July 24, 2017 @ 08:00 AM

Roadrunner Transportation Systems, Inc., an asset-right transportation and asset-light logistics service provider, announced that it has closed a new five-year $292 million asset-based lending facility provided by BMO Harris Bank, JPMorgan Chase and... Read Story

Filed Under: Transportation
July 24, 2017 @ 07:22 AM

United Community Banks, Inc. announced the addition of Clayton Summers who joins United's lending team to focus on the renewable energy sector. Summers has more than 18 years of banking industry experience and deep expertise in renewable energy... Read Story

July 24, 2017 @ 07:15 AM