Sponsors
Billabong ▼ -0.010 | PPR ▲ +0.20 | American Apparel ▲ +0.08 | The Buckle ▲ +0.73 | Columbia ▲ +1.31 | Deckers Outdoor ▼ -0.15 | Dicks ▲ +0.70 | Foot Locker ▲ +1.26 | Genesco ▲ +0.80 | Iconix Brand Group ▼ -0.04 | Jarden Corp ▼ -0.26 | Nordstrom ▲ +1.35 | Luxottica ▼ -0.43 | Nike ▼ -0.04 | Pacific Sunwear ▲ +0.03 | Skullcandy ▲ +0.05 | Sport Chalet ▼ 0.00 | Urban Outfitters ▲ +1.67 | VF Corp ▲ +0.37 | Quiksilver ▲ +0.05 | Zumiez ▲ +0.92 | Macys ▲ +0.91 | Tillys ▲ +0.21 |
Ticker Sponsor
Readers Say
Executive Edition is a must have
Executive Edition is a must have

Before Shop-Eat-Surf, there were two sites I paid for premium content on. One is Surfline, the other is the Wall Street Journal. One is about all things surf, the other, the best business content site in the world. Shop-eat-surf is the intersection of those two worlds. Shop-Eat-Surf provides everything from coverage of events, people, brands and trends. However, beyond the Executive Edition "wall" is more meaty analysis and interpretation of financial statements, business models and brand philosophies; why certain brands and companies are succeeding, where others aren't. The Executive Edition is a must have read if the business of surf and action sports are on your radar screen.

- By Jeff Berg, Co-owner, Surfline
I require all our executives to read it
I require all our executives to read it

There is no better publication that I am aware of that is so accurate and on top of any news and developments in our industry. I personally recommend it to many people that want to know and understand more about our industry. For the most part, shop-eat-surf.com gets the stories first. As a matter of fact, I require all the executives in our company to read it.

- By Hezy Shaked, President & CEO, Tilly's
Industry Insight

KNOWSHOW: Video recaps from the Vancouver trade show.

MOSS ADAMS CAPITAL: Geofrey Haydon on the deal that saw the owner of Royal Robbins invest in Evolv.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

CIT may file BK on Sunday night

By
October 30, 2009 10:53 AM

From a WALL STREET JOURNAL news alert:

CIT Group and Carl Icahn have reached a tentative deal that could end a recent feud over the lender's restructuring plan, said people familiar with the matter. CIT has agreed to accept $1 billion in backup financing from Icahn, which it would tap if it needs more than $4.5 billion it recently received from other bondholders. CIT stock was halted on the news.

The company plans to file for bankruptcy in New York as soon as Sunday night or early Monday, said people familiar with the matter. CIT is poised to enter bankruptcy with enough creditor support to approve its reorganization plan and shorten its stay in Chapter 11, these people said.


Articles You Might Have Missed