Stock Market & Financial Investment News

News Breaks January 20, 2012 07:24 EDT CIT, SHLD theflyonthewall.com: CIT demanded letter of credit from Sears after holiday sales, NY Post reports According to sources CIT (CIT) demanded a letter of credit from Sears (SHLD) following its disappointing holiday results, but CIT relented following talks Sears, despite the fact that it wasn’t granted a letter of credit, the New York Post reports. One source says Sears has been "aggressively reaching out to the trade, making the argument that they’ve got lots of liquidity." Reference Link :theflyonthewall.com News For SHLD;CIT From The Last 14 Days Check below for free stories on SHLD;CIT the last two weeks. There are 14 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. May 18, 2012 00:09 EDT SHLD theflyonthewall.com: Jim Cramer's "Mad Money" Subscribe for More Information :theflyonthewall.com May 17, 2012 14:42 EDT SHLD theflyonthewall.com: Mild weather that helped retailers in Q1, may hurt Q2, Reuters says The warm weather that helped retailers in Q1 may hurt them in Q2 as consumers may pull back after spending more than anticipated, says Reuters. Reference Link :theflyonthewall.com 12:23 EDT SHLD theflyonthewall.com: On The Fly: Midday Wrap Subscribe for More Information :theflyonthewall.com 08:58 EDT SHLD theflyonthewall.com: Sears Holdings gaps up sharply, breaks 10-day MA, resistance at $55.49 Subscribe for More Information :theflyonthewall.com 06:06 EDT SHLD theflyonthewall.com: Sears Holdings: Kmart's Q1 SSS down 1.6% Subscribe for More Information :theflyonthewall.com 06:06 EDT SHLD theflyonthewall.com: Sears Holdings: Sears Domestic's Q1 SSS were down 1% Subscribe for More Information :theflyonthewall.com 06:04 EDT SHLD theflyonthewall.com: Sears Holdings will retain about 51% stake in Sears Canada Subscribe for More Information :theflyonthewall.com 06:04 EDT SHLD theflyonthewall.com: Sears Holdings plans to pursue partial spin-off of interest in Sears Canada Sears Holdings announced that its board of directors has approved plans to pursue a partial spin-off of its interest in Sears Canada Inc. Holdings, which currently owns approximately 95% of the issued and outstanding common shares of Sears Canada, expects to distribute common shares of Sears Canada held by Holdings on a pro rata basis to holders of Holdings' common stock such that following the spin-off, Holdings will retain approximately 51% of the issued and outstanding common shares of Sears Canada. Subsequent to the spin-off, Holdings may sell, hold or distribute to holders of Holdings' common stock any portion of its remaining interest in Sears Canada. :theflyonthewall.com 06:03 EDT SHLD theflyonthewall.com: Sears Holdings reports Q1 adjusted EBITDA $197M vs. $58M in Q1 of 2011 :theflyonthewall.com 06:03 EDT SHLD theflyonthewall.com: Sears Holdings reports Q1 adjusted EBITDA $197M vs. $58M in Q1 of 2011 :theflyonthewall.com 06:01 EDT SHLD theflyonthewall.com: Sears Holdings reports Q1 adjusted EPS (31c), consensus (67c) Subscribe for More Information :theflyonthewall.com 00:23 EDT SHLD theflyonthewall.com: Jim Cramer's "Mad Money" Subscribe for More Information :theflyonthewall.com May 14, 2012 07:37 EDT CIT theflyonthewall.com: American Financial Services Association to host a conference 22nd AFSA Finance Industry Conference for Fixed Income Investors is being held in Boston on May 14-16. :theflyonthewall.com 06:21 EDT SHLD theflyonthewall.com: Utopia and MetaScale announce strategic partnership Subscribe for More Information :theflyonthewall.com