-
10% Owner Of Autonation Sold $12M In Stock
Monday, October 4, 2021 - 11:52am | 392Read More...Edward Lampert, 10% Owner at Autonation (NYSE:AN), made a large insider sell on September 29, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Lampert sold 94,574 shares of Autonation at a price of $129.17. The...
-
Sears Discloses In Q1 Print It May Sell Assets To Improve Liquidity; Stock Jumps +8%
Thursday, May 26, 2016 - 9:46am | 521Read More...Sears Holdings Corp (NASDAQ: SHLD) reported its first-quarter results early Thursday morning and also announced an update to its liquidity situation. Sears Holdings said it lost $0.186 per share in the first quarter on revenue of $5.39 billion. Wall Street analysts were expecting the company to...
-
After Latest Round Of Store Closings, What's Left Of Sears?
Friday, April 22, 2016 - 10:28am | 282Read More...Sears Holdings Corp (NASDAQ: SHLD) has announced that is will be closing 10 more Sears store locations and 68 Kmart locations by this summer. The closings are a part of Sears’ aggressive plan to turn around its ailing business. “The decision to close stores is a difficult but necessary...
-
Sears To Generate At Least $1.5 Billion In Liquidity In Fiscal 2014
Monday, October 20, 2014 - 3:37pm | 202Read More...Cash-strapped and struggling retailer Sears Holdings Corp (NASDAQ: SHLD) announced a series of plans and action that it expects will generate $1.5 billion to $2.07 billion in liquidity in fiscal 2014. Sears announced on Monday a rights offering for up to $625 million of 8 percent senior notes. The...
-
Not Dead Yet: 3 Retailers That Are Apparently Defying The Odds
Thursday, February 27, 2014 - 4:45pm | 1335Read More...The retail industry has been in dire straits for some time now, and amid predictions of a tough 2014 for many major retailers there have also been death knells sounded for several stores have have been apart of the American consumer landscape for years, if not decades. However, recent earnings...
-
Is Sears on Life Support?
Wednesday, October 30, 2013 - 8:31am | 619Read More...Sears Holdings (NASDAQ: SHLD) said Tuesday it was mulling over spinning off both its Land’s End and Sears Auto Center businesses, according to The New York Times. Brian Sozzi, chief equities strategist at Belus Capital Advisors said this is yet one more sign of impending doom for the brand. As...
-
Sears Sales Continue to Fall but Losses Narrow and Stock Rises
Thursday, August 16, 2012 - 11:01am | 587Read More...Sears Holdings (NASDAQ: SHLD) posted a narrower second quarter loss this year than it did in 2011. Sears has cut expenses and reduced inventories in an attempt to turn the company highly profitable once again. Merchandise inventories fell to $8.7 billion from $9.3 billion in the second quarter....
-
Sears Jumps on Store Spin-Off
Monday, August 13, 2012 - 3:17pm | 199Read More...Shares of Sears (NASDAQ: SHLD) were active Monday after the company announced that it was planning to spin off select stores into a separate publicly traded entity. The stores to be spun-off include Sears Hometown and Outlet stores as well as some hardware stores. In afternoon trading on Monday,...
-
Sears Holdings up 28% in Last 5 Trading Sessions
Thursday, January 19, 2012 - 3:11pm | 194Read More...Shares of Sears Holdings Corporation (NASDAQ: SHLD) have been rising over the last five trading sessions, gaining roughly 28%. The stock is still down better than 6% over the last month, however, as shares plunged on December 27th after the company announced store closures and issued disappointing...
-
Earnings Preview for Sears Holding Corporation
Wednesday, May 18, 2011 - 10:19am | 741Read More...Sears Holding Corporation (NASDAQ: SHLD) is expected to announce its Q1 earnings report on Thursday, May 19. Analysts expect a rough ride for Sears. Its earnings per share is expected to plunge on a yearly basis. The Street's Q1 estimate for Sears is a loss of $1.22 per share, or almost 4,000%...
-
Record Pay For Hedge Fund Managers In 2009 (GLD, AU)
Thursday, April 1, 2010 - 12:20pm | 538Read More...The incredible rally in equity and credit markets in 2009 has translated into some jaw-dropping earnings figures for the world's top hedge fund managers. In fact, it is a record. The top 25 managers brought in a collective $25.3 billion. These figures include both the estimates of each money...
