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Stock Market & Financial Investment News

News Breaks
August 11, 2014
14:50 EDTSHLD, TSCDYSears names former Tesco executive as President, Chief Member Officer for Kmart
Sears Holdings (SHLD) announced that Alasdair James has joined the company as President and Chief Member Officer for the Kmart business. In this role, James will be responsible for driving the Kmart format strategy, managing the Kmart P&L and aligning merchandise, marketing, pricing and selling to Shop Your Way members' needs. Since 2007, James held roles of increasing responsibility with Tesco (TSCDY), where he most recently served as the commercial director for the company's global business unit.
News For SHLD;TSCDY From The Last 14 Days
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July 22, 2015
08:38 EDTSHLDNRF cuts 2015 retail sales growth forecast to 3.5% from 4.1%
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July 17, 2015
06:39 EDTTSCDYAmazon Fresh close to launching in London, London Times reports
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July 15, 2015
11:37 EDTSHLDJ.C. Penney rises after Starboard CEO names Macy's 'best idea'
Shares of department store operator Macy's (M) are sharply higher in morning trading after Starboard Value CEO and CIO Jeff Smith revealed his firm has taken a stake in the company and believes its stock could be worth $125 per share. Smith, while speaking at the Delivering Alpha conference, contended that Macy's real estate assets are worth $21B and that it could separate its real estate from its retail business. Shares of Macy's, which Smith called his "best idea" for 2015, is up about 45 to $69.24 after the comments, while J.C. Penney (JCP), which is also a department store operator with real estate assets, is up 1.7% at $9.16. Another peer, Sears (SHLD), is down 2.8% at $23.17, but that is well off its session low of $22.66.

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