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A collection of news and information related to Sears Holdings Corp. published by this site and its partners.
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Sears losses mount, weighs sale of unit to shore up liquidity
Reuters(Reuters) - U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather. Shares of the company, which also said it was considering selling its...Tags: Companies and Corporations, Thomson Corporation, Earnings Forecasts, Mutual Funds, Economy, Business and Finance
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Sears loss widens in 1Q on continued sales slide
Tribune reporterSears Holdings Corp. said it lost $279 million, or $2.63 per diluted share, in the first quarter compared to $189 million or $1.78 per share a year earlier. The Hoffman Estates-based retailer said sales slid to $8.4 billion from $9.2 billion last year,...Tags: Companies and Corporations, Economy, Business and Finance, Corporate Officers, Kohl's, Kmart
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Sears posts bigger-than-expected loss as cold weather bites
ReutersMay 23 (Reuters) - U.S. retailer Sears Holdings reported a larger-than-expected quarterly loss as cooler weather hurt sales at its department stores and said it was considering a sale of its protection agreement business to shore up liquidity. The...Tags: Thomson Corporation, Kmart
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BRIEF-Sears falls in extended trading after results
ReutersNEW YORK, May 23 (Reuters) - Sears Holdings Corp : * Shares fall 7 percent in extended trading after results -
RPT-AIG eyes new director with regulatory experience
ReutersBy Nadia Damouni and Paritosh Bansal May 23 (Reuters) - American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny,...Tags: Insurance, Finance, Federal Reserve, Economy, Business and Finance, Business Institutions
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The day ahead in business May 23
Reports: Initial jobless claims for week ended May 18, 7:30 a.m.; PMI manufacturing flash index for May, 7:58 a.m.; FHFA housing price index for March, 8 a.m.; New home sales for April, 9 a.m.; Mortgage rates for week ended May 23, 9 a.m.; Natural gas...
Tags: Aeropostale Inc., Hormel Foods Corporation, Williams-Sonoma Inc., Economic Indicator, Shoe Carnival Incorporated
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AIG eyes new director with regulatory experience
Reuters(Reuters) - American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the...Tags: Insurance, Financial and Business Services, Finance, Federal Reserve, Business Institutions
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Sears Canada posts loss
ReutersDepartment store chain Sears Canada Inc. posted a loss in the first quarter compared with a profit last year. The company reported a net loss of $30.3 million compared with a net profit of $90.58 million, a year earlier. Last year's results included a...Tags: Sears Canada Inc.
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Bangladesh court orders action against factory owner in November fire
ReutersDHAKA (Reuters) - A Bangladesh court on Sunday banned the owner of a garment factory that was destroyed in a fire in November from leaving the country as anger builds up over a string of deadly incidents in which thousands have died. The high court in...Tags: Walmart, Dhaka (Bangladesh), Photography and Video, Bangladesh, The Walt Disney Co.
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Tableau Software shares close up 64 percent in market debut
Reuters(Reuters) - Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth. Tableau Software shares closed up nearly 64 percent at...Tags: Goldman Sachs Group, Inc., NYSE Euronext, Inc., Business Enterprises, Stock Market, Financing and Stock Offerings
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Newegg, Overstock win patent fight with Alcatel-Lucent
ReutersWASHINGTON, May 15 (Reuters) - The online shopping sites Newegg and Overstock Inc won a patent battle on Wednesday with telecom equipment maker Alcatel-Lucent SA , which had accused the companies of infringing its patented technology. The U.S. Court of...Tags: Alcatel SA, Crime, Law and Justice, Patents, Copyrights and Trademarks, Justice System, Amazon.com Inc.
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Tableau Software raises IPO price range
ReutersMay 15 (Reuters) - Data analysis software maker Tableau Software Inc said it now expects to raise up to $248.4 million from its initial public offer, up from $215.3 million that it expected earlier. The company, whose customers include Deere & Co,...Tags: Goldman Sachs Group, Inc., Financing and Stock Offerings, Morgan Stanley Dean Witter & Company, Initial Public Offerings, Verizon Communications
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May 19, 2013
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May 15, 2013
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