Sears Shocks in Q2 Despite Massive 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.....»»

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......»»

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

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

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......»»

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

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

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

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......»»

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......»»

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.....»»

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

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

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......»»

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.....»»

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. .....»»

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

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.....»»

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

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......»»