News: Sears Holdings Corp (SHLD.O)

SHLD.O on Nasdaq

30.37USD
16 Sep 2014
Price Change (% chg)

$-3.15 (-9.40%)
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$33.52
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Tue, Sep 16 2014

Fitch: Sears' Short-Term Loan from ESL Highlights Liquidity Woes

(The following statement was released by the rating agency) NEW YORK, September 16 (Fitch) Sears Holdings Corporation's (Sears) secured short-term loan is a temporary and short-term fix to a much larger need for liquidity infusion, given significant cash burn in the business, according to Fitch Ratings. On Sept. 15, Sears secured a $400 million secured short-term loan from entities affiliated with controlling shareholder ESL Investments, Inc. The loan, which is being funded in September, i

Sears posts loss for 9th straight quarter as sales fall again

- Sears Holdings Corp reported its ninth straight quarterly loss as sales continued to fall and the retailer said it might close more stores than planned this year.

UPDATE 2-Sears posts loss for 9th straight qtr as sales fall again

Aug 21 - Sears Holdings Corp reported its ninth straight quarterly loss as sales continued to fall and the retailer said it might close more stores than planned this year.

Sears posts loss for ninth straight quarter

Aug 21 - Sears Holdings Corp, owner of Sears department stores and Kmart discount chain, reported its ninth straight quarterly loss as sales continued their decade-long fall.

UPDATE 1-Private-equity firm Sycamore considers bid for Sears Canada -NY Post

Aug 4 - Sycamore Partners, which recently bought Jones Group, Talbots and Hot Topic, is considering a bid for Sears Canada Inc, the New York Post reported, citing a person familiar with the matter.

With Snoopy film in the works, fund managers bet on Iconix

NEW YORK - Fund managers are making a big bet on Snoopy, Lucy and Charlie Brown.

With Snoopy film in the works, fund managers bet on Iconix

NEW YORK, June 26 - Fund managers are making a big bet on Snoopy, Lucy and Charlie Brown.

Sears' Lampert met Ford's Mulally for turnaround advice

NEW YORK - Sears Holdings Corp's controlling shareholder Eddie Lampert met with Ford Motor Co CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing retailer, two sources familiar with the matter said.

UPDATE 2-Sears loss widens as discounts fail to arrest fall in sales

May 22 - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest a fall in sales despite offering heavy discounts to woo shoppers.

Sears posts bigger loss as sales slide

May 22 - Sears Holdings Corp posted a bigger loss for the first quarter as the struggling retailer failed to arrest the fall in sales despite offering heavy discounts to woo shoppers.

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