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Stock Market & Financial Investment News

News Breaks
January 10, 2014
09:15 EDTSHLDSears falls after guidance, levels to watch
The stock has fallen sharply in the pre-market, though it is trading off the lows of last night's extended session. At the current price of $37.87, the stock is at a fresh 52-week low, previously at $38.88 and now resistance. Support is at $36.75.
News For SHLD 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 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 5, 2014
08:57 EDTSHLDSears risk/reward remains quite negative, says Evercore ISI
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