Sears Newswire (Page 8)

Sears Newswire (Page 8)

Comprehensive Real-Time News Feed for Sears. (Page 8)

Results 141 - 160 of 1,589 in Sears

  1. Sears Gets $500 MillionLoan as Lampert, Gates sCascade Jump InRead the original story

    Apr 9, 2016 | Lucianne.com

    Sears Holdings Corp., the department-store operator run by hedge fund manager Edward Lampert, obtained a new short-term loan partially funded by an investment firm that manages billionaire Bill Gates's fortune. Cascade Investment has funded $125 million of a $500 million loan that Sears raised by using about 20 of its mortgaged properties as collateral, the retailer said Friday in a statement.

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  2. Why Sears Holdings Corp. Dropped 12% in MarchRead the original story w/Photo

    Apr 9, 2016 | The Motley Fool

    The beleaguered retailer has seen its sales and profits plummet amid a perfect storm of intense competition, rising costs, and difficulty in obtaining financing at attractive rates. So what: In a letter accompanying Sears' fourth-quarter earnings release, Chairman Eddie Lampert highlighted the toll that online commerce and other disruptive threats have taken on traditional retailers.

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  3. Sears Taps Bill Gates's Fortune in Latest BorrowingRead the original story

    Apr 8, 2016 | WRKO-AM Brighton

    Hedge-fund manager Eddie Lampert continues to pump money into Sears Holdings Corp. but for the retailer's latest financing it also tapped another billionaire's fortune: Bill Gates.

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  4. Sears takes $500M loan as it seeks to transform companyRead the original story w/Photo

    Apr 8, 2016 | Daily Herald

    ... selling assets. It said earlier this year that it is considering a sale or part or all of its auto center business. Sears, which also owns Kmart stores, said the loan will help with the "transformation." It received $250 million of the loan Friday ...

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  5. UPDATE 2-Sears obtains $500 million loanRead the original story w/Photo

    Apr 8, 2016 | Reuters

    The retailer, controlled by billionaire Eddie Lampert, spun off about 254 Sears and Kmart stores in June last year as it looked to shore up its finances. Sears has been reeling under losses as shoppers move away from malls in favor of online shopping and the company has lost more than $8 billion over the last five years.

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  6. Sears Holdings obtains $500 million loan - with some help from Eddie LampertRead the original story w/Photo

    Apr 8, 2016 | Retailing Today

    Sears Holdings Corp. announced it obtained a 15-month $500 million secured loan facility. ESL Investments, the company controlled by Sears chairman and CEO Edward Lampert, helped provide part of the loan and is entitled to related fees.

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  7. Grok My EnthusiasmRead the original story w/Photo

    Apr 6, 2016 | Hilobrow

    ... tape. Things we found in Fred's basement: his son's bong, an unlabeled print of Titicut Follies , and this 1973 Sears Roebuck Spring/Summer catalog, which I slipped into my bag without asking. A sticker on the cover gives the phone number of my ...

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  8. Bearish? My Shrinkage Strategy Can Hedge Your BetRead the original story w/Photo

    Apr 5, 2016 | The US Market Blog

    Are you tired of watching equities melt higher each day despite crummy earnings and sales growth figures? Sick of sitting out of monster Yellin inspired "up-crash" rallies? Do you hate the market, but yourself even more for not being a perma bull on stocks? Well, I have a strategy for you that simply cannot fail -- buy put options on companies you hate, and pay for the premium through shrinkage at said company. You feel that Sears Holdings has had a rough enough time.

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  9. Sears home in Vienna lists for $850,000Read the original story w/Photo

    Apr 5, 2016 | The Washington Post

    ... 1916, Charles Babcock, the former mayor of the Town of Vienna, ordered a three-bedroom Colonial-style house from the Sears, Roebuck and Co. catalog. The house, called the Roanoke, cost $1,600 and was delivered to the Vienna train station on two ...

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  10. United States v. AlexanderRead the original story w/Photo

    Apr 1, 2016 | FindLaw

    ... factor, and a sufficiently lengthy delay "necessitates an examination of the other three factors." United States v. Sears, Roebuck & Co., Inc., 877 F.3d 734, 739 (9th Cir.1989). Here, the delay of almost five years is sufficiently lengthy to trigger ...

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  11. Berkowitz Makes 1st Purchase of Year in Sears HoldingsRead the original story w/Photo

    Apr 3, 2016 | GuruFocus.com

    Berkowitz has long been the company's leading shareholder among the gurus, but his edge had dwindled in 2016 with nine consecutive reductions. Since Feb. 24, the day before he was named to Sears' board , Berkowitz had sold more than 1.6 million shares.

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  12. Green Summits Bring Technologies and Sustainable Leaders TogetherRead the original story w/Photo

    Jun 25, 2015 | 24-7 Press Release

    ... it truly provided "quality time over a period of several encounters." Paul Campbell, Director of Sustainability at Sears Holdings Corporation ( http://www.searsholdings.com/ ), was present as an attendee and client target for the sponsoring ...

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  13. FMA Summits - Green Summits Bring Technologies and Sustainable Leaders TogetherRead the original story w/Photo

    Jun 30, 2015 | 24-7 Press Release

    ... to new products and suppliers he would have not otherwise discovered." Paul Campbell, Director of Sustainability at Sears Holdings Corp CHICAGO, IL, July 01, 2015 /24-7PressRelease/ -- "Green Summits" offer two to three day workshops that bring ...

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  14. Is Sears Holdings Finally a Buy?Read the original story w/Photo

    Mar 30, 2016 | GuruFocus.com

    There are still a lot of problems, but with its REIT Seritage up 37% in the last year, investors should see the value of Sears' real estate holdings Tuesday brought news that Sears Holdings CEO Edward Lampert , had acquired a portion of the company's new $750 million loan in his latest bet on the Sears and Kmart chain of stores. The loan is supposed to help Sears pay down some of its debt as shoppers move away from malls in favor of Internet shopping, and the company, which has lost more than $8 billion over the last five years, is teetering on bankruptcy.

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  15. Martin Whitman Invests in Ralph LaurenRead the original story

    Mar 29, 2016 | GuruFocus.com

    ... another opportunity to gain wisdom and experience when he began working as an investment banker for the holders of the Sears Roebuck fortune, the Rosenwald family who actively managed Sears department stores in the early 1900s. In 1974 nearly 25 ...

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  16. The Craftsman Brand Recalls Blower/Vacs Due to Fire and Burn HazardsRead the original story w/Photo

    Dec 9, 2015 | US Consumer Product Safety Commission

    ... and "AC BLOWER / VAC" are printed on the side of the motor housing. ACE Hardware, Orchard Supply Hardware, and Sears stores nationwide and online from January 2013 through October 2015 for between $50 and $100. Ace Hardware Corporation, of Oak ...

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  17. Sears CEO Lampert buys some company debtRead the original story w/Photo

    Mar 29, 2016 | Seeking Alpha

    Sears Holdings Chief Executive Eddie Lampert has acquired a portion of the company's new $750M loan in his latest bet on the parent of Sears department stores and Kmart discount shops. The loan is helping Sears pay down some of its older debt as shoppers move away from malls in favor of Internet shopping and the company, which has lost more than $8B over the last five years, sees its sales plummet.

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  18. Sears Holdings Corp (SHLD) Director Fairholme Capital Management L Sells 123,000 SharesRead the original story w/Photo

    Mar 28, 2016 | AmericanBankingNews.com

    Sears Holdings Corp Director Fairholme Capital Management L sold 123,000 shares of the stock in a transaction that occurred on Monday, March 28th. The stock was sold at an average price of $15.04, for a total value of $1,849,920.00.

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  19. UPDATE 1-Sears CEO Lampert buys some of company's debt -sourcesRead the original story w/Photo

    Mar 28, 2016 | Reuters

    The loan helps Sears pay down some of its older debt at a time when shoppers are moving away from malls in favor of Internet shopping and the company, which has lost more than $8 billion over the last five years, sees its sales plummet. Lampert, whose net worth is pegged by Forbes at $2.4 billion, is buying the debt through his hedge fund ESL Investments, the people said last week.

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  20. Sears Holdings Corp. Is Sitting on a Ticking Time BombRead the original story w/Photo

    Mar 28, 2016 | The Motley Fool

    Although Sears Holdings CEO Eddie Lampert has mostly dismantled the once-vast retailing empire, retirees could see their pensions cut if the retailer ends up voiding its plan. Image source: Memphis CVB .

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