Separate from the new 120M to be used to only buy inventory, I think they have about 7OM, all borrowed, and they are losing 10M a week
Sears has made less than 50% investment in infrastructure over the last several years of its competition. That is why the place looks like hell.
when the economy is doing better people move more upscale. Walmart and Sears problems are not hurting Costco or Macy's
They are bankrupt now. They have depleted the remaining stockholder equity this quarter by this date.They will file when it is advantageous for Eddie to do so . Hopefully he doesn't try to #$%$ the retirees with monies owed shortly
Both Wal Mart and E bay have competition with better more upscale sellers. As an economy improves people move up. Costco for example is going great guns
WS realizing large gains from ARNA logs foolishness. Didn't Yossi pedict the stock at $1,300?
You saw computer driven trading today due to OREX huge one time gain on payment from its partner. Last nice rise here , same deal off another's good news in diet space. Back down soon
Weeks away from anything being agreed, if ever. Lenders wants loans paid down as inventory is liquidated from closing stores and they want better terms to make the change.RSH wants to use some ,if not all ,the the money from inventory to fund other operations.
gout I am approaching 11 dollars ahead here being short 4 times. Does that sound desperate. Blviq is a shty product with many side effects
He is giving value to the pipeline Belviq is worth nothing it is a big money loser. Belviq is a worthless product financially