-
Real Estate Bulls Continue To Battle Retail Analyst Bears On Sears Holdings
Tuesday, February 3, 2015 - 8:26am | 841There is no getting around it, Sears Holdings Corp (NASDAQ: SHLD) is one of the most controversial stocks on Wall Street. There are no shortage of bearish analysts, negative headlines and colorful quotes touting Sears' retail woes and deteriorating cash situation. SHLD Retail Analysts -...
-
Sears To Generate At Least $1.5 Billion In Liquidity In Fiscal 2014
Monday, October 20, 2014 - 3:37pm | 202Cash-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...
-
Markets Rebound After Getting Crushed Intraday, Still Close Lower
Wednesday, October 15, 2014 - 4:57pm | 2525U.S. stocks tumbled further on Wednesday and recovered significantly from intraday lows in a day of heavily volatility. The Dow traded lower by more than 450 points, dipping below 16,000 levels the index hasn't seen since February. The index recovered most of the losses but still closed the...
-
Markets Little Changed Ahead Of Friday's Jobs Report
Thursday, October 2, 2014 - 5:10pm | 2062U.S. stocks reversed early morning declines and closed the day little changed ahead of Friday's job reports data, which will be released at 8:30 A.M. The number of Americans filing claims for unemployment benefits unexpectedly fell last week by 8,000 according to data released today. Not...
-
Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 4:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
-
Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
-
Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
-
Sears Holdings Explores Possible Sale Of Sears Canada
Wednesday, May 14, 2014 - 10:44am | 200Sears Holdings (NASDAQ: SHLD) announced Wednesday that it intends to enlist an investment banking firm to explore "strategic alternatives" for its 51 percent stake in Sears Canada. The company noted this could include selling its shares or the potential sale of Sears Canada as a whole. Sears...
-
Sears' Leading U.S. Retailers Downturn in Canada
Tuesday, November 26, 2013 - 5:12pm | 383Several years ago, Canada was considered a gold mine for U.S.-based retailers to expand and open up their stores. After all, Canadians have similar tastes, buying habits and an affection for American brands and retailers. Many parking lots in cities that are in close proximity to the Canadian...
-
Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
-
Is Sears on Life Support?
Wednesday, October 30, 2013 - 8:31am | 619Sears 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...