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Aéropostale to Aggressively Cut Costs, Headcount

One industry expert believes the mall-based retailer 'is on life support.'

Here Are the Apparel Retailers That May Have a Bad Holiday Season

Bloated inventories could turn the year's busiest shopping weeks into a nightmare for these retailers, which could lead to bankruptcy.

Victory Energy Calls Off Merger With Lucas Energy After Default

Lucas Energy defaulted on its debt earlier this year, while Victory Energy was the subject of a going-concern warning by its auditors in March.

PetroMaroc Raises Capital to Make Missed Interest Payment

Oil exploration company that focuses on Morocco received an unsecured promissory note from an "arms length investor."

Enseco Energy Services Gains More Time to Look for Alternative Financing

Energy equipment company has not complied with covenants on its debts and anticipates continued violations.

Weak Demand Leads Hercules Offshore to Trim Workforce, Shut Down Rigs

Hercules Offshore cuts costs and spending as oil demand hits its lowest level in years.

American Apparel Breaches Debt Covenants, Won't Seek Sale

The retailer doesn't expect a problem making its next interest payment, but a source said it does need capital so management can have enough time for a turnaround.

The PE Secondary Market: Liquidating Private Equity With Deals

The secondary market has grown from a couple billion dollars to over $30 billion in 2014, and could grow another 30% in 2015.

Activists Access Boards to Stir Up M&A Across Several Sectors

2014 has been a big year for activist investors, and it looks like we'll close out the year with a bang.

DELiA*s to File Ch. 11 and Liquidate Before Christmas

Unable to find a merger partner or obtain a financing proposal, the seller of apparel, accessories and footwear has already entered into an agreement to start selling off its assets.

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