General Growth Properties Incorporated

Debt-laden mall giant General Growth Properties Inc. has hired the law firm Sidley Austin as bankruptcy counsel while it negotiates with lenders for more time to restructure its $27 billion debt load. The move doesn't mean a Chapter 11 filing is...

When General Growth Properties Inc. proudly unveiled its $7 billion purchase of Rouse Co. in 2004, the company's confidence was based on an expectation that General Growth would, in general, grow. John Bucksbaum, scion of the founding family, thought...

Best Buy Co. Friday's close: $22.06, down 13.8% from previous week Best Buy Co. slashed its earnings forecast last week and said the changes in consumer behavior have been nothing less than "seismic," creating "the most difficult climate" the company had...

General Growth Properties Inc. shares plummeted yesterday after the nation's second-largest mall owner warned it faces solvency trouble and may be forced to file for bankruptcy if it can't refinance or extend nearly $1 billion in debt due next month. The...

General Growth Properties Inc., which owns Altamonte Mall and four others in Central Florida, saw its stock plummet Tuesday after the company warned it faces solvency problems and may be forced to seek bankruptcy-court protection if it can't refinance...

General Growth Properties Inc., the Chicago-based shopping mall operator, warned that it could be forced to file for bankruptcy if it cannot raise funds to meet looming debt payments, according to a regulatory filing. "Our potential inability to...

The new managers of troubled mall owner General Growth Properties Inc. sought to reassure investors yesterday that the company is putting plans in place to weather the rocky economic climate, weeks after the company ousted its top executives. General...

Monday Reports October Institute for Supply Management index, October vehicle sales, September construction spending Earnings Akorn Inc.; Automatic Data Processing Inc.; MasterCard Inc.; Nicor Inc.; Sysco Corp.; Viacom Inc. Tuesday Reports...

The new managers of troubled mall owner General Growth Properties Inc. sought to reassure investors Wednesday that the company is putting plans in place to weather the rocky economic climate, weeks after top executives were ousted. General Growth's stock...

General Growth Properties Inc., the Chicago-based shopping-mall owner whose shares have fallen 95 percent this year, replaced Chief Executive Officer John Bucksbaum, who resigned, with interim CEO Adam S. Metz. Bucksbaum, 52, will remain General Growth'...

Tribune reporter Ever since the Bucksbaums expanded their Iowa grocery store in 1954 into one of the nation's first shopping malls, a family member has run the company. Until now. John Bucksbaum, the second-generation member of one of Chicago's...

The global financial disaster that wiped out trillions of dollars in investor value took its toll on one of Chicago's most prominent families Monday, when John Bucksbaum lost his job as chief executive of General Growth Properties Inc. The Bucksbaum...