|Bid||3.00 x 900|
|Ask||3.42 x 1000|
|Day's Range||3.17 - 3.31|
|52 Week Range||1.99 - 11.49|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 23, 2018 - May 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
Real estate crowdfunding expert Omer Amsel discusses the pros and cons of Edward Lampert's offer.
Moody's Investors Service, ("Moody's") has affirmed the ratings on fourteen classes in J.P. Morgan Chase Commercial Mortgage Securities Trust 2014-C20, Commercial Pass-Through Certificates, Series ...
Jeff Stollenwerck, a 15-year veteran of Sears Holdings Corp and president of its real estate business, will soon be departing the U.S. department store operator, the company said in a statement on Tuesday. Stollenwerck's departure comes as billionaire Sears CEO Eddie Lampert said in a letter this week that his hedge fund, ESL Investments Inc, would be interested in acquiring the struggling retailer's real estate, including its $1.2 billion in debt, Kenmore appliances brand and parts of its home services business. "We appreciate (Jeff's) service leading the real estate business unit and wish him well in his future endeavors," Sears said in a statement.
Sears CEO Edward Lampert offered to buy appliance brand Kenmore and additional units on April 23 after failing to find another buyer.
If you run a U.S. technology mutual fund you might find yourself dabbling in private-company stock offerings, or you might not -- you might have rules against buying private-company shares -- but in any case you are unlikely to spend a lot of time on the Nigerian Stock Exchange. The rising popularity of indexing sometimes makes it easy to conflate "the index" with "the market." If you buy a Standard & Poor's 500 index fund, you are generally doing that not because you have a carefully considered view that the companies in the S&P 500 index will outperform other companies, but because you want to invest passively -- just buy all the stocks and not worry about picking between them -- and buying an index fund is the way to do that.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Eddie Lampert, chairman of Sears Holding, proposes to buy the Kenmore brand, Sears Home Services division and PartsDirect. It would strip Sears of valuable assets.
By buying the building, which faces “the front door” of the mall at Clarkson Road and Interstate 64, “the Staenberg Group can control and lead the redevelopment effort of the Chesterfield Mall.”
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Sears Holdings Corp Chief Executive, Edward Lampert, ...
The following are the top stories in the Wall Street Journal. - U.S. President Donald Trump will urge North Korea to act quickly to dismantle its nuclear arsenal when he meets North Korean leader Kim Jong Un and isn't willing to grant Pyongyang substantial sanctions relief in return for a freeze of its nuclear and missile tests, administration officials said. - The board of United Continental Holdings Inc said it will nominate a new chairman from within its ranks after veteran industry executive Robert Milton opted to leave the third-largest U.S. carrier.
Edward Lampert is once again carving up Sears in a bid to save his retail empire, offering to purchase the Kenmore appliance brand and other Sears units after the struggling company was unable to find ...
U.S. indexes were lower across the board as rising Treasury yields pushed stocks in the red. Wall Street prepared to enter the heart of U.S. corporate earnings season, though investors were also welcoming the new week with a slew of corporate news. shares, adding that the social media giant's chart looked "terrible." The well-known investor, known in some circles as the bond king, focused part of a presentation he gave at the conference in New York on Facebook CEO Mark Zuckerberg, who he suggested hasn't been proactive enough for a series of scandals to befall the social media company.
Sears Holdings Corp Chief Executive Eddie Lampert said the retailer should sell its Kenmore appliances brand, home improvement businesses, and real estate, adding that his hedge fund ESL Investments Inc would bid in any sale. In a letter dated April 20 and signed by Lampert, the retailer's controlling shareholder, ESL offered to acquire Sears Home Improvement and PartsDirect, both part of the Sears Home Services division, for $500 million, and it proposed to submit a bid for Kenmore and the chain's real estate.
Sears' biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer. The ailing company has sold off other major brands as it struggles to stay afloat, with Kenmore a notable remainder of the powerhouse retailer that survived two world wars and the Great Depression. The National Association of Realtors says that homes sold last month at a seasonally adjusted annual pace of 5.60 million, up from 5.54 million in February.
Stocks that moved substantially or traded heavily Monday: Henry Schein Inc., up $4.72 to $73.79 The health care products company said it will combine its animal health business with Vets First Choice. ...
Few people on Wall Street believe in Eddie Lampert like Eddie Lampert. Thirteen years after merging Sears, one of America’s most iconic retailers, with the budget Kmart chain, the hedge-fund billionaire is moving -- again -- to salvage what he can. In other words, Lampert, also chief executive officer of Sears Holdings Corp., wants to sell what is perhaps Sears’s last jewel to his own hedge fund -- at least if other bidders don’t emerge.
Sears' biggest shareholder has suggested the company sell its well-known Kenmore brand and some real estate holdings, offering itself as a potential buyer. The ailing company has sold off other major brands as it struggles to stay afloat, with Kenmore a notable remainder of the powerhouse retailer that survived two world wars and the Great Depression. The private equity firm ESL Investment, headed by Sears chairman and CEO Edward Lampert, said it might buy the assets — Kenmore, Sears Home Services' home improvement business and the company's Parts Direct business — if the company is willing to sell.
The closure will leave another divot in the Twin Cities retail scene, which will also have to deal with the loss of Herberger's and Toys R Us stores this year.
Jan Kniffen, CEO of J. Rogers Kniffen WWE, talks about Sears most recent issues, and the ongoing crisis for a US retail institution