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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:07 EDTDKS, SHLD, SPGSears signs lease agreement with Dick's Sporting at Simon Property mall
Sears (SHLD) has signed a sublease with Dick's Sporting Goods (DKS) to occupy a portion of its second floor at the King of Prussia Mall in King of Prussia, Pa. King of Prussia Mall is one of the largest malls in the United States and is owned and managed by Simon Property (SPG).
News For SHLD;DKS;SPG From The Last 14 Days
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December 17, 2014
08:24 EDTSHLDSears 'strategic misdirection' highlighted by Mygofer failure, WSJ says
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December 16, 2014
11:42 EDTSPGSimon Property management to meet with Evercore ISI
Meeting to be held in New York on December 17 hosted by Evercore ISI.
December 15, 2014
11:17 EDTSHLDSears to have about 1,700 Sears, Kmart stores in operation going into 2015
On a company blog post, Sears CEO Eddie Lampert said: "At our most recent Town Hall meeting with our associates, I explained that I want us to operate our stores both profitably and with excellence. Both, not just one or the other.This is the background behind our decision to close more than 200 Kmart and Sears stores in 2014. Most of these stores were losing money, some for a long time. Because of the impact on our dedicated associates and our Shop Your Way members, these decisions were not taken lightly, or without our working to improve the performance of these stores over many years. Going into 2015, we will have approximately 1,700 Sears and Kmart big box stores in operation, representing about 200 million square feet of space." Reference Link
December 8, 2014
08:02 EDTSPGSimon Property announces $2.5B of global development in 2015
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December 5, 2014
11:00 EDTSPGSimon Property plans to build Tulsa premium outlets
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08:57 EDTSHLDSears risk/reward remains quite negative, says Evercore ISI
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