Neiman Marcus Debt Falters, CDS Cost Widens As Retail Sector Takes Hit

May 12, 2016   |   May 2016 Bond Updates
Debt backing Neiman Marcus was lower today as retail feels the weight of a sector malaise, with Macy’s having disappointed at market close last night, Fossil shares plunging on its troubling results, and concerns throughout the space, including with Nordstrom reporting quarterly results tomorrow.

View more at: http://www.forbes.com/sites/spleverage/2016/05/11/neiman-marcus-debt-falters-cds-cost-widens-as-retail-sector-takes-hit/
 
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