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Sears Shares Rise on CEO Offer to Buy Kenmore
23 Apr, 2018
Sears Shares Rise on CEO Offer to Buy Kenmore
Sears Holdings Corp. (NASDAQ: SHLD) Chief Executive Officer Edward Lampert is offering a bid to purchase Kenmore appliance brand after struggling to find a buyer in efforts to save what’s left of the company. Shares rose by as much as 8 percen..
Sears Raises $100 Million in Financing & Cut $200 Million Costs
On Wednesday, Sears Holdings Corp (NASDAQ: SHLD) announced that they have secured $100 million in new financing and will try to cut an additional $200 million in costs this year as the retailer tries to regain footing after a big sales drop during t..
Sears Dips Further After Plans to Cut 400 Jobs Announced
Sears Holding Corp (NASDAQ: SHLD) stocks dipped may be due to their announcement of the company restructuring early on trading day Tuesday. Their goal is to streamline its operations and deliver cost savings. Bigger Stores such as Sears a known..
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