Sears Shocks in Q2 Despite Massive Loss

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.....»»

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......»»

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.....»»

The Nasdaq 100 ra.....»»

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......»»

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.....»»

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......»»

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.....»»