Bank of America Merrill Lynch Study Finds Employers Offering Financial Wellness Programs Becoming the New Normal


Dateline City: NEW YORK Sense of Responsibility for Employees’ Financial Well-being Driving Companies to Broaden Financial Educational Offering and Increase Accessibility The vast majority of companies (83 percent) today feel a sense of responsibility for the financial wellness of their employees, impacting the benefits, resources Read more [...]

Meritor WABCO Offering Promotional Pricing on TOOLBOX™ Software at HDAW


LAS VEGAS, Jan. 27, 2015 /PRNewswire/ -- Meritor WABCO is offering special promotional pricing of $ 249 for TOOLBOX™ 11.2, the commercial vehicle industry's leading diagnostics and troubleshooting software, to aftermarket customers at Heavy Duty Aftermarket Week '15 (HDAW) Jan. 26 through Jan. 29 at The Mirage. "Customers using TOOLBOX benefit from accurate troubleshooting and reduced vehicle downtime," said Carsten Duevell, senior director, Vehicle Control Systems for Meritor WABCO. "We designed Read more [...]

Sears Holdings Corporation Announces Intent to Conduct Rights Offering of Sears Canada Shares


Oct 2, 2014 HOFFMAN ESTATES, Ill., Oct. 2, 2014 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," or the "Company") (NASDAQ: SHLD) today announced that the Company's board of directors has approved a rights offering of up to 40,000,000 common shares of Sears Canada Inc. ("Sears Canada") (TSX: SCC). ESL Partners, L.P. and Edward S. Lampert, Chairman and Chief Executive Officer of Holdings and Chairman and Chief Executive Officer of ESL Investments, Inc., have advised Holdings that they intend Read more [...]

Sears Holdings Corporation Announces Filing Of Preliminary Short Form Prospectus And Form F-10 Registration Statement For Rights Offering


Oct 7, 2014 HOFFMAN ESTATES, Ill., Oct. 7, 2014 /PRNewswire/ -- Sears Holdings Corporation  ("Sears Holdings" or the "Company") (NASDAQ:  SHLD) today announced that a preliminary short form prospectus has been filed in Canada with the Ontario Securities Commission (the "OSC") and a Registration Statement on Form F-10 has been filed in the United States with the Securities and Exchange Commission (the "SEC") relating to the previously announced rights offering of up to 40,000,000 common shares Read more [...]

Alibaba Delivers on Biggest U.S. IPO With $21.8 billion Offering


Chinese e-commerce giant Alibaba Group will price its shares at $ 68 a piece, topping its initial expected range, and raising a total of $ 21.8 billion to make it the biggest U.S. initial public offering ever. The stock sale places the company in the ranks of the most valuable Internet companies with a market capitalization of $ 168 billion, exceeding industry standard bearers like Amazon and Twitter. It also puts an exclamation point on China’s rapid rise in the technology industry and Read more [...]

Shop Your Way(SM) Introduces New Rewards Partners Offering Members More Points at More Places


BURGER KING®, Groupon®, Avis Car Rental®, Hearst Magazines and Others Join Shop Your Way's Expanding Partners Program Jul 10, 2014 HOFFMAN ESTATES, Ill., July 10, 2014 /PRNewswire/ -- Shop Your Way, a free membership program and social shopping community with tens of millions of members, has announced a major expansion of its rewards program with the addition of more than 50 brand-name partners. Once the exclusive membership program of Sears®, Kmart® and Lands' End, Shop Your Way has expanded Read more [...]

Meritor Announces Offering of $225 Million of Senior Unsecured Notes


TROY, Mich., Feb. 10, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it is offering, subject to market and other conditions, $ 225 million aggregate principal amount of its senior unsecured notes in an underwritten registered public offering (the "notes"). Meritor intends to use the net proceeds from the offering to fund a portion of the redemption of the $ 250 million aggregate principal amount outstanding of its 10-5/8% notes due 2018 and the outstanding balance of its term Read more [...]