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Stock Market & Financial Investment News

News Breaks
November 21, 2012
10:41 EDTSHLDSears Holdings has a new active bearish pattern, levels to watch
There is an active bearish flag on the daily chart that became active this morning when price broke the low of the short-term bullish price channel, the flag, at the $47.50 area. Downside potential for the pattern, if it remains active and completes, is to the $35 area. A move above the $50 area would void the pattern.
News For SHLD From The Last 14 Days
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January 27, 2015
06:06 EDTSHLDSears Holdings volatility increases, shares in tight two-month price range
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January 21, 2015
12:12 EDTSHLDBest Buy, home retailers seen getting biggest bump from Sears demise
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January 20, 2015
12:01 EDTSHLDOverstock.com to appeal patent infringement case
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January 16, 2015
11:04 EDTSHLDFAA proposes $533,000 civil penalty against Sears Holdings
The U.S. Department of Transportationís Federal Aviation Administration proposes a $533,000 civil penalty against Sears Holdings Management Corp. for allegedly violating Hazardous Materials Regulations. The FAA alleges that Sears on Dec. 20, 2012 offered UPS 27 boxes, each containing one DieHard Portable Power Supply that encased a non-spillable battery, for air transportation to various locations in the United States. Workers at the UPS sort facility in Louisville, Ky., discovered six of the corrosive shipments were vibrating and one was warm to the touch. The FAA alleges that Sears failed to package the batteries in accordance with the Hazardous Materials Regulations to prevent unintentional activation. The agency also alleges the shipment was not accompanied by shipping papers to indicate the hazardous nature of its contents, and was not marked or labeled. Additionally, Sears offered the shipment without providing emergency response information and failed to ensure its employees had received required hazardous materials training, the FAA alleges. Sears has 30 days from the receipt of the FAA's enforcement letter to respond to the agency.

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