Latest Orchard Supply Hardware Stores (OSHWQ) Headlines

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Latest Orchard Supply Hardware Stores (OSHWQ) Headlines


Sears to spin off Lands' End business
AP - Fri Dec 06, 12:22PM CST
HOFFMAN ESTATES, Ill. (AP) — Sears Holdings Corp. said Friday that it will spin off its Lands' End clothing business as a separate company by distributing stock to the retailer's shareholders.

Sears Holdings Officially Files to Spin Off Lands' End
Patrick Morris, The Motley Fool - Motley Fool - Fri Dec 06, 10:33AM CST
Sears Holdings Corp. announced today that it has filed the necessary paperwork with the SEC to begin the process of spinning off its Lands' End unit. This follows an announcement in October in which the company declared its intention to spin...


Lowe's 3Q results rise, lifts fiscal 2013 outlook
AP - Wed Nov 20, 11:03AM CST
MOORESVILE, N.C. (AP) — Lowe's third-quarter net income increased 26 percent and the home-improvement retailer raised its outlook for the year as it gets a lift from the housing market's ongoing recovery.

Earnings Preview: Lowe's to report third quarter
AP - Mon Nov 18, 2:39PM CST
NEW YORK (AP) — When home-improvement chain Lowe's Cos. reports its third-quarter results before the market opens Wednesday, analysts will be looking to see whether rising mortgage rates and a more subdued housing market dampened sales.

Sears' Lands' End Move Shows Weakness in Old-School Analysis
at The Street - Wed Oct 30, 9:39AM CDT


Lowe's announces $1B debt offering
AP - Wed Sep 04, 5:08PM CDT
MOORESVILLE, N.C. (AP) — Lowe's Companies Inc. said Wednesday that it is planning a $1 billion debt offering.

Lowe's Companies Completes Acquisition of 72 Orchard Supply Hardware Stores
Business Wire - Fri Aug 30, 8:35AM CDT
Lowe's Companies, Inc. (NYSE:LOW), the world's second largest home improvement retailer, today announced the completion of its previously announced acquisition of the majority of assets of Orchard Supply Hardware, including 72 Orchard stores, for approximately $205 million in cash, plus the assumption of payables owed to nearly all of Orchard's supplier partners. Orchard will continue to operate as a separate, standalone business, retaining its brand and its San Jose headquarters.

Great American Group Begins Liquidation Sales at Nine Additional Orchard Supply Hardware Stores in California
Business Wire - Fri Aug 23, 1:24PM CDT
Great American Group, Inc. (OTCBB: GAMR) has been engaged to manage store closing sales at nine additional Orchard Supply Hardware (OSH) locations, offering significant product discounts in the Burbank, Canoga Park, El Cerrito, Lodi, Merced, Santa Ana, Santa Clarita, Torrance and Yuba City stores. Liquidation sales are already underway at eight other OSH locations throughout California.

Lowe's rides housing recovery to higher 2Q profit
AP - Wed Aug 21, 3:27PM CDT
MOORESVILLE, N.C. (AP) — Lowe's second-quarter net income rose 26 percent as Americans feeling good about sprucing up their homes again snapped up indoor and outdoor home products and supplies.

Orchard Supply Hardware receives approval from Bankruptcy Court for assets' sale to Lowe for USD205m cash
M2 - Wed Aug 21, 9:42AM CDT
Orchard Supply Hardware Stores (OTCPINK:OSHWQ) (OTCPINK:OSHQE), a neighbourhood hardware and garden store, disclosed on Tuesday that it received approval for the acquisition of the majority of its assets by Lowe's Companies Inc, from the US Bankruptcy Court for the District of Delaware.

Orchard Supply Hardware Receives Bankruptcy Court Approval for Lowe's to Acquire Orchard Assets
Business Wire - Tue Aug 20, 3:45PM CDT
--Chris Newman and Steven Mahurin to Take on Expanded Leadership Roles and Lowe's Richard Maltsbarger to Become President of Orchard at Completion of the Transaction

Earnings Preview: Lowe's to benefit from rebound
AP - Fri Aug 16, 6:22AM CDT
NEW YORK (AP) — When home-improvement chain Lowe's Cos. reports its fiscal first-quarter earnings result before the market opens Wednesday, analysts will be interested in whether consumers shopped more during key spring and summer months and if Lowe's pricing strategy is paying off.

Lowe's is sole bidder for Orchard Supply
AP - Mon Aug 12, 6:41AM CDT
MOORESEVILLE, N.C. (AP) — Orchard Supply Hardware Stores has not received any additional buyout offers, leaving Lowe's as the sole bidder.

Orchard Supply Hardware Intends to Proceed toward Completing Sale to Lowe's Companies, Inc.
Business Wire - Mon Aug 12, 6:00AM CDT
Orchard Supply Hardware Stores (OTCPINK:OSHWQ and OTCPINK:OSHQE), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that, after completing a Court-approved marketing process, it intends to proceed toward completing the previously announced acquisition agreement with Lowe's Companies, Inc., pending approval by the United States Bankruptcy Court for the District of Delaware.

Lowe's Plans to Acquire 72 Orchard Supply Hardware Stores
Business Wire - Mon Aug 12, 6:00AM CDT
Lowe's Companies, Inc. (NYSE: LOW), the world's second largest home improvement retailer, today announced further progress in its plans to acquire the majority of assets of Orchard Supply Hardware, including 72 stores, for approximately $205 million in cash, plus the assumption of payables owed to nearly all of Orchard's supplier partners, subject to Bankruptcy Court approval. Lowe's has been advised by Orchard that no additional bids were received by the deadline of August 9, 2013. The transaction will be presented to the Bankruptcy Court for approval on August 20, 2013, and Lowe's anticipates completing the acquisition by the end of August.

Delisting of Securities of Telestone Technologies Corp, Affymax, Inc., Exide Technologies, Orchard Supply Hardware Stores Corporation, Spire Corporation and Shengkai Innovations, Inc. From The NASDAQ Stock Market
GlobeNewswire - Thu Jul 18, 3:05PM CDT
The NASDAQ Stock Market announced today that it will delist the common stock of Telestone Technologies Corp. Telestone Technologies Corp.'s stock was suspended on June 03, 2013 and has not traded on NASDAQ since that time.

Orchard Supply Hardware announces receipt of DIP financing approval for USD177m
M2 - Wed Jul 17, 5:10AM CDT
Orchard Supply Hardware Stores (OTCPINK:OSHWQ) and (OTCPINK:OSHQE), a neighbourhood hardware and garden store, received on Tuesday the final approval from the US Bankruptcy Court for the District of Delaware, to access USD177m in debtor in-possession (DIP) financing provided by Wells Fargo Bank, its existing ABL lender and other term loan lenders.

Orchard gets bankruptcy court OK on financing
AP - Tue Jul 16, 5:27PM CDT
SAN JOSE, Calif. (AP) — Orchard Supply Hardware Stores said Tuesday that it has received bankruptcy court approval for the hardware and garden store retailer to access $177 million in debtor-in-possession financing.

Orchard Supply Hardware Receives Approval for $177 Million in DIP Financing
Business Wire - Tue Jul 16, 2:47PM CDT
Orchard Supply Hardware Stores (OTCPINK:OSHWQ and OTCPINK:OSHQE), a neighborhood hardware and garden store focused on paint, repair and the backyard, today announced that the United States Bankruptcy Court for the District of Delaware has given final approval for the Company to access $177 million in debtor in-possession ("DIP") financing provided by Wells Fargo Bank, the Company's existing ABL Lender, and its Term Loan Lenders.

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