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Sears Shocks in Q2 Despite Massive Loss

Sears Holdings reported its fiscal second-quarter financial results after the markets closed on Thursday. In a surprising reaction to these results, investors sent shares higher even though this........»»

Category: blogSource: 247wallstSep 14th, 2018

This Day In Market History: Wachovia Shocks Market With $24B Quarterly Loss

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 10 years ago, Wachovia Bank stunned Wall Street by reporting a $23.9 billion quarterly loss. read more.....»»

Category: blogSource: benzingaOct 22nd, 2018

Sears files for bankruptcy after years of turmoil

The 125-year-old icon was hit hard as a brick-and-mortar retailer saddled with massive showrooms and has struggled to compete with online rivals......»»

Category: topSource: washpostOct 15th, 2018

Sears Becomes the Latest Retail Giant to File for Bankruptcy, Suffering From Massive Debt

The company buckled under massive debt and staggering losses (NEW YORK) — Sears has filed for Chapter 11 bankruptcy prot.....»»

Category: topSource: timeOct 15th, 2018

Sears files for Chapter 11 amid plunging sales, massive debt

Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses......»»

Category: topSource: foxnewsOct 15th, 2018

Sears Exit Would Leave Big Holes in Malls. Some Landlords Welcome That.

Profitable shopping centers see chance to lure higher-paying tenants even as malls in the heartland, already struggling with competition from online sales, fear the loss of foot traffic......»»

Category: smallbizSource: wsjOct 12th, 2018

Dow futures imply a massive 300-point loss at Thursday’s open

Check out the companies making headlines before the bell......»»

Category: topSource: moneycentralOct 11th, 2018

Dow futures imply a massive 300-point loss at Thursday’s open

Check out the companies making headlines before the bell......»»

Category: topSource: moneycentralOct 11th, 2018

Dow futures imply a massive 330-point loss at Thursday’s open

Check out the companies making headlines before the bell......»»

Category: topSource: moneycentralOct 11th, 2018

Sears shares plunge on report that retailer could file for bankruptcy soon

The 125-year-old retailer has been hit particularly hard as brick-and-mortar stores around the world have struggled to compete with e-commerce giants while maintaining massive showrooms......»»

Category: topSource: washpostOct 10th, 2018

Sears shares plunge as report says retailer could file for bankruptcy soon

The 125-year-old retailer has been hit particularly hard as brick-and-mortar stores around the world have struggled to compete with e-commerce giants while maintaining massive showrooms......»»

Category: topSource: washpostOct 10th, 2018

Norwegian Power Trader Facing Bankruptcy After Massive "Black Swan" Loss

The saga of Einar Aas, the Norwegian trader whose 15-year golden run came to a calamitous end earlier this month when he was caught on the wrong side of a stunning blowout in power-price spreads, has ended, as many anticipated.....»»

Category: blogSource: zerohedgeSep 23rd, 2018

One Of Norway"s Biggest Power Traders Barred After Massive Loss

On of the biggest Norwegian power trad.....»»

Category: blogSource: zerohedgeSep 14th, 2018

Sears hints at revival while posting yet another huge quarterly loss

Sears Holdings Corp. posted another loss in.....»»

Category: topSource: latimesSep 13th, 2018

The Wall Street Journal: SoftBank director: ‘I get so worried’ by massive, widespread investments

A SoftBank Group Corp. director told the Japanese giant’s shareholders that its breakneck investment pace worries him, highlighting tensions over Chief Executive Masayoshi Son’s penchant for big bets in loss-making startups......»»

Category: topSource: marketwatchJun 20th, 2018

Sears will close more stores in 2018 and this mall operator is happy about it

275 Sears and Kmart stores could close during 2018. As a result, many malls across the U.S. are about to be left with massive amounts of vacant square.....»»

Category: topSource: usatodayJun 19th, 2018

Ericsson, MTS to Deploy Massive MIMO in Russia for FIFA Fans

Ericsson's (ERIC) deal with MTS will allow football fans to experience ultra-high data speeds at various public places in seven of the 11 tournament cities, without any loss in speed or quality. .....»»

Category: personnelSource: nytJun 11th, 2018

Sears 1Q revenue falls 31%

Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago......»»

Category: topSource: foxnewsMay 31st, 2018

Sears" stock sinks after swinging to loss as sales fall; 72 stores to close in the "near future"

Shares of Sears Holdings Corp. shed 3.4% in premarket trade Thursday, after the struggling department store chain swung to a fiscal first-quarter loss and revenue fel.....»»

Category: topSource: marketwatchMay 31st, 2018

Sears first-quarter revenue falls 31 percent

Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago......»»

Category: topSource: foxnewsMay 31st, 2018

Video: Shutdown Worries as Sears Decides to Close 40 More Stores

Online retailers are on the verge of dethroning another American staple. Sears has not only decided to close a number of its stores, but the closures have also created a 175,000-employee layoff with more job loss on the way......»»

Category: topSource: moneycentralMay 22nd, 2018