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Stock Market & Financial Investment News

News Breaks
May 20, 2014
09:24 EDTSHLDSears remains in slow-liquidation mode, says Cleveland Research
Cleveland Research said Sears' near-term domestic comps improved sequentially driven by home appliance comp trends. However, beside appliances, the firm said Sears still has ongoing traffic issues and category declines in most other areas. The analyst expects continued share loss in 2014 and believes it remains in slow-liquidation mode longer-term.
News For SHLD From The Last 14 Days
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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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