Sears Holdings Corp (OTCMKTS:SHLDQ) Sells Its Diehard Car Battery Brand To Advance Auto Parts, Inc (NYSE:AAP)

Advance Auto Parts, Inc (NYSE:AAP) has announced that it channeled about $200 million in the purchase of the DieHard car battery brand. Reports indicate that Sears Holdings Corp (OTCMKTS:SHLDQ) has been going through a rough patch financially for several years now. Analysts have cited its financial status as the reason behind the sale of the […]

Financial Woes For Sears Holdings Corp (NASDAQ:SHLD)

Boston, MA 10/09/2014 (wallstreetpr) – Sears Holdings Corp (NASDAQ:SHLD)’s stocks plunged more than 17% after the media release said that the vendor had stopped shipments to Sears. The problem seen is of financial position of Sears causing worries among the suppliers. It comes more in focus as the holiday shopping season is near to lure […]

Losing Stocks: Chimerix Inc (NASDAQ:CMRX), Sears Holdings Corp (NASDAQ:SHLD), Interface, Inc. (NASDAQ:TILE)

Boston, MA 10/09/2014 (wallstreetpr) – 8th October saw investors reducing their exposure to drug maker Chimerix Inc (NASDAQ:CMRX) shares, after news trickled out that a patient who was suspected to be suffering from Ebola died at a Texas Health Presbyterian Hospital. The patient Thomas Duncan had been administered an experimental Ebola treating drug developed by […]

Sears Holdings Corp (NASDAQ:SHLD) Posts $573 Million Quarterly Loss

Boston, MA 08/22/2214 (wallstreetpr) – One can easily say that things are not going to get easy for Sears Holdings Corp (NASDAQ:SHLD) from here as the company has just posted $573 million quarterly loss. It’s not only about profit and loss, but SHLD has not been able to generate decent revenue for a long time. […]

Poor Sales Drives Sears Holdings Corp (NASDAQ:SHLD) To Sell Off Sears Canada Inc (TSE:SCC)

Boston, MA 05/27/2014 (wallstreetpr) – Sears Holdings Corp (NASDAQ:SHLD)’s efforts to lure buyers with huge discounts falls flat as the retailer posts higher losses in the first quarter. The retail company is struggling to attract more sales and had announced heavy discounts in its efforts. However, the results of the first quarter show that its […]

Sears Holdings Corp (NASDAQ:SHLD) Worries Intensify As Sales Extend Decline To 7th Straight Year

Boston, MA 05/23/2014 (wallstreetpr) – The trouble at Sears Holdings Corp (NASDAQ:SHLD) deepens as the company reports wider-than-expected net loss of $402 million or $3.79 per share during the period of three months ended on May 3, 2014. That compares against a net loss of $279 million, that is $2.63 per share in the previous […]

J.C. Penney Company, Inc. (NYSE:JCP), Macy’s And Sears to Cut Jobs, Close Stores

Boston, MA 01/17/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) is reacting to its dismal performance in the holiday season of December by cutting thousands of jobs and closing several stores in efforts to curb losses and restore profitability. But the century-store is not alone in the latest exercise aimed at streamlining operations in the […]