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Stock Market & Financial Investment News

News Breaks
January 7, 2013
20:14 EDTSHLDSears Holdings CEO Louis D'Ambrosio to step down February 2
Sears Holdings Corporation announced that Louis D'Ambrosio will step down as CEO for family health matters at the end of the company's fiscal year on February 2, 2013. Edward Lampert will then assume the role of CEO of Sears Holdings, in addition to his role as chairman of the board. D'Ambrosio will remain on the board until the company's next annual meeting of stockholders to be held in May 2013.
News For 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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