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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

Tesla to Cut Costs (Again)

Following a massive loss in Q1, the automaker is focusing on eliminating unnecessary expenses......»»

Category: topSource: foxnewsMay 17th, 2019

Cryptos Tumble After NY AG Accuses Bitfinex Of Massive Fraud, "Loss" Of $850 Million

New York’s Attorney General alleged the operator of the Bitfinex cryptocurrency trading platform and the issuer of the Tether "stablecoin" lost $850 million and subsequently used funds from affiliated stablecoin operator Tether - i......»»

Category: blogSource: zerohedgeApr 25th, 2019

Port Report: Japan"s K-Line Books Loss On Charter Costs As It Seeks 2019 Restructuring

Ocean shipping operator K-Line has  revealed massive business restructuring costs of hundreds of millions of dollars as it expects increased losses after its revitalization plan appears to have failed. read more.....»»

Category: blogSource: benzingaMar 11th, 2019

Sears" CEO Eddie Lampert proposes massive deal to buy the struggling retailer"s Kenmore brand, real estate, and other assets (SHLD)

AP ESL Investments, the hedge fund led by Sears CEO Eddie Lampert, has proposed a deal to purchase Sears' Kenmore brand, its home improvement business, Parts Direct divisi.....»»

Category: topSource: businessinsiderApr 23rd, 2018

Will Higher Premiums Drive XL Group"s (XL) Q1 Earnings?

Better investment results and premium growth are likely to aid XL Group's (XL) Q1 earnings. However, escalating expenses and a massive cat loss might be dampeners. XL Group Ltd XL is slated to report first-quarter 2018 results on May 2 after th.....»»

Category: personnelSource: nytApr 30th, 2018

SunPower Sees Results Improving After Massive Loss in First Quarter

SunPow.....»»

Category: futuresSource: nasdaqMay 18th, 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

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

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 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

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 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

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 hints at revival while posting yet another huge quarterly loss

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

Category: topSource: latimesSep 13th, 2018

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

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

Category: blogSource: zerohedgeSep 14th, 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

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

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

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

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