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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

Einhorn Crushed By $1.7BN In Redemptions: "Nothing Went Right For The Entire Year"

After suffering a record 34% loss on its investments in 2018, it is perhaps surprising that David Einhorn's Greenlight Capital was not hit with more than $1.7 billion in redemptions, which while a massive number, will allow the fund to continue opera.....»»

Category: blogSource: zerohedgeJan 23rd, 2019

Riches to Rags: Swiss Central Bank Swings from Record Profit to Large Loss

One year after posting a record profit, the Swiss National Bank swung to a 15 billion franc loss in 2018, as a double whammy of weaker global equity markets and a stronger Swiss franc eroded the value of its massive holdings of foreign stocks and bonds......»»

Category: europeSource: wsjJan 10th, 2019

Sears confirms its closure at WestShore Plaza in Tampa, making way for massive redevelopment

Sears Holding Corp. has confirmed it will vacate prime real estate at Tampa's WestShore Plaza — months after the mall's ownership confirmed its intentions to redevelop its space. The Sears store at WestShore Plaza is among 80 Sears and Kmart loca.....»»

Category: topSource: bizjournalsDec 31st, 2018

Here’s Why the Stock Market Just Had a Massive Rally After a Historic Loss

The Nasdaq 100 ra.....»»

Category: topSource: timeDec 26th, 2018

Sears Goes Under and Sales Go Up

The retailer, which has filed for bankruptcy protection, attributed a 4.3% rise in comparable sales to liquidations at stores that it is closing. Still, total revenue fell 23% and its loss widened......»»

Category: smallbizSource: wsjDec 14th, 2018

Macerich shares slide 4% after SunTrust cuts price target, citing loss of rent from Sears among other factors

Macerich Co. shares slid 4% Wednesday, after SunTrust Robinson Humphrey lowered its price target on the real-estate investment trust's stock to $52 from $55 and cut 2019 estimates, citing a range of factors inc.....»»

Category: topSource: marketwatchDec 12th, 2018

Gigabyte may swing to loss in 4Q18

Gigabyte Technology may swing to net loss in the fourth quarter of 2018 as the company as a result of massive inventory losses, according to some market watchers......»»

Category: topSource: digitimesNov 23rd, 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