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Stock Market & Financial Investment News

News Breaks
July 2, 2013
09:16 EDTCBL, SHLDCBL & Associates acquires to Sears locations
CBL & Associates (CBL) announced that it had acquired two Sears locations at CBLs Fayette Mall in Lexington, KY, and CoolSprings Galleria in Nashville, TN. Sears (SHLD) will continue to operate in both locations until closing dates have been finalized, the company said.
News For CBL;SHLD From The Last 14 Days
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February 11, 2016
11:47 EDTSHLDOptions with increasing implied volatility
Options with increasing implied volatility: ETE WMB ZIOP Z INFN MRO QLIK SHLD SPLK WPZ
February 9, 2016
13:55 EDTSHLDSears liquidity event a matter of 'when, not if,' says Evercore ISI
Evercore ISI analyst Greg Melich said the preliminary Q4 financials released by Sears showed comparable sales were worse than he expected at the flagship brand and at Kmart and that its margins were also worse than he thought. Sear's cash situation has gotten worse, making additional debt issuance more likely in 2016, Melich tells investors, adding that he believes "a liquidity event is a matter of when not if," and may be possible in 2017 at the current burn rate. The analyst keeps a Sell rating on Sears shares.
12:06 EDTSHLDSears is not a viable retailer, says Evercore ISI
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06:51 EDTSHLDSears says to accelerate closing of unprofitable stores
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06:13 EDTSHLDSears sees FY15 revenue $25.1B, one estimate $25.27B
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06:13 EDTSHLDSears sees Q4 revenue $7.3B, one estimate $7.43B
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February 3, 2016
16:38 EDTCBLCBL & Associates sees FY16 FFO $2.32-$2.38, consensus $2.32
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16:36 EDTCBLCBL & Associates reports Q4 AFFO 71c, consensus 66c
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