Sears stock price plummets 16 percent on report retailer's bankruptcy filing is imminent

J.C. Penney Co. Inc. is exploring filing for bankruptcy after the COVID-19 pandemic upended its turnaround plans, according to a report in Reuters. The Plano-based retailer has enough cash to survive the coming months, sources told Reuters. But JCP.....»»

Guru cuts holding in off-price retailer by 99.16%Check out Chuck Royce Stock Picks » Download GuruFolio Report of Chuck Royce (Updated on 02/10/2020)Related Stocks: SSI, CONN, FIVE, BBBY, MIK, BID,.....»»

On Wednesday, January 8, third quarter earnings and revenue miss caused the share price of Bed Bath & Beyond Inc (NASDAQ: BBBY) to plunge 8 percent with the retailer withdrawing fiscal 2019 ou.....»»

Another sharp loss sends the discount retailer plummeting towards Chapter 11Check out Chuck Akre Stock Picks » Download GuruFolio Report of Chuck Akre (Updated on 01/06/2020)Related Stocks: PIR, W, AMZN,.....»»

Build-A-Bear is moving the correct levers to drive a higher future ROE and stock priceCheck out Steven Cohen Stock Picks » Download GuruFolio Report of Steven Cohen (Updated on 12/15/2019)Related Stocks: BBW, AMZN, WMT, CCL, IHRT,.....»»

It’s been a rough week for San Francisco-based PG&E, with the Northern California electricity shutdown underway. But it was a bankruptcy judge’s ruling that sent the utility’s stock price tumbling Wednesday. In after-hours trading, the utility’.....»»

Shares of Mallinckrodt PLC plummeted 41% toward a record low Thursday, to pace all premarket decliners, after Bloomberg reported that the U.K.-based specialty pharmaceutical compa.....»»

Will Forever 21 close store locations? If the teen retailer files for bankruptcy it is p.....»»

Barneys may be on the cusp of filing for bankruptcy protection as the luxury retailer contends with high .....»»

Eddie Lampert, the former owner of Sears who bought the assets of the retailer out of bankruptcy court earlier this year, is threatening in a court filing not to make $43 million in pension payments due to thousands of its former employees......»»

Eddie Lampert, the former owner of Sears who bought the assets of the retailer out of bankruptcy court earlier this year, is threatening in a court filing not to make $43 million in pension payments due to thousands of its former employees......»»

After a dismal earnings report, Fred’s stock is in the danger zone. The Memphis-based general merchandise retailer held its fourth quarter and full-year earnings call May 6, reporting that net sales were down 17.2 percent for the quarter and 8.....»»

An American airline and federal regulators have pumped the brakes on Boeing's attempt to swiftly address a software issue suspected in two fatal crashes, but the jet maker's stock price continues to rise. The company’s stock price was up 2 percent.....»»

Lyft shares debuted on the Nasdaq at $87.24 on Friday, surging 21 pe.....»»

Raymond James said in a new report that it views Dell Technologies Inc. (NYSE: DELL)'s debt restructuring as favorable and believes the refinancing has contributed to the company’s stock price rise of more than 30 percent since late January. Lat.....»»

A retailer that thrives, despite Amazon.com and a host of other online challengersCheck out PRIMECAP Management Stock Picks » Download GuruFolio Report of PRIMECAP Management (Updated on 04/19/2018), Check out Pioneer .....»»

High Point-based vTv Therapeutics LLC saw its stock price fall by more than 65 percent in after-market trading Monday after it disclosed disappointing results from the clinical trial of an experimental Alzheimer’s medication. The company ann.....»»

Incyte Corp.’s stock price plunged nearly 20 percent Friday after the Wilmington biotechnology company announced disappointing late-stage study results for an experimental cancer therapy. The results from a phase-III clinical study, testing Inc.....»»

Fashion retailer Nordstrom, Inc. (NYSE: JWN)'s stock fell nearly 10 percent in reaction to its May 17 first-quarter earnings report, but the decline is "overdone" and investors should buy the dip, according to Deutsche Bank. Latest Ratings for JWN.....»»

(Reuters) - Billionaire investor William Ackman said on Wednesday that his hedge fund had taken a roughly $1 billion stake in Lowe's , boosting the U.S. home improvement retailer's stock by 10.4 percent......»»