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Stock Market & Financial Investment News

News Breaks
February 28, 2013
09:42 EDTSHLDSears Holdings trades lower with the rest of retail peers, levels to watch
Shares had started the day on the upside after results, but appears to be getting dragged lower by poor results in other retailers. At the current price of $46.81, support is at $45.06, a recent pivot low. Resistance is at $48.05.
News For SHLD From The Last 14 Days
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June 18, 2013
07:19 EDTSHLDEyefortransport to hold a summit
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June 14, 2013
07:35 EDTSHLDSears cuts two Canadian stores near Toronto, Globe and Mail reports
Sears Canada (SHLD) is selling leases of two of its high-profile stores back to their landlords for $191M plus options on a third store for $1M that could raise another $53M within five years, reports the Globe and Mail. The moves come as Sears races to revive its struggling business amid intensifying competition in Canada and the arrival of Target (TGT), which started to open its first stores here in March, and Nordstrom (JWN), which launches in Canada next year.Reference Link

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