Sears Up 5 Pct on Real Estate Enthusiasm
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Sears, Roebuck and Co.  shares rose 5 percent on Thursday on continued investor enthusiasm over the value of the retailer's property after last week's disclosure that a real estate investment trust has more than a 4 percent stake in the firm.
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Shares of home builders soared on  Monday as a frenzy of short sellers bought stock to cover their  positions, giving the overall housing stock index its greatest  one-day gain in about five years.
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Stocks gained on Wednesday, with the   S&P 500 briefly touching a five-year high, amid optimism about   corporate profits and the outlook for inflation, after the   Federal Reserve decided to keep interest rates unchanged.
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NEW YORK, November 5  - Sears Roebuck &amp; Company (S.NYS) witnessed a sharp rally in its share price this morning, following the news of Vornado Realty Trust raising its stake in the company.
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Retailer Sears Holdings Corp. said Thursday its fourth-quarter earnings rose 27 percent, ahead of Wall Street forecasts as margins improved despite weaker sales at established stores.
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Buyout rumors bump appliance maker up 4.5%.
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The homebuilder beats expectations; shares bounce back.
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Sears, Roebuck & Co. S.N shares rose  as much as 31 percent on Friday after real estate company  Vornado Realty Trust VNO.N said it raised its stake in the  retailer, a step that could lead Sears to convert some of its  real estate assets into cash.
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U.S. stocks gained on Friday, after data showed sales of new U.S. homes unexpectedly rose in July.
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U.S. stocks rose on Wednesday, with   the Standard & Poor's 500 index hitting a five-year high on   strong profit reports and optimism before the Federal Reserve's   interest rate decision.
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Vornado Realty Trust gave Sears, Roebuck &amp; Co.&#39;s stock a big boost Friday when it said it bought a 4.3 percent stake in the famous but struggling chain.
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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent  and a key gauge of business spending also surged, the government reported.
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HOFFMAN ESTATES, Ill. Hoffman Estates-based Sears, Roebuck and Company has reported a slight increase in October same-store sales today despite continuing weak results in apparel.
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NEW YORK : US stocks surged higher as Wall Street cheered Kmart&#39;s 11 billion dollar merger with Sears, although a spike in oil prices capped the gains.
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Sears Holdings Corp.  reported higher fourth-quarter profit on Thursday, helped by property sales and higher operating income at its Sears and Kmart divisions.
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Stocks went from flat to higher after a stronger-than-expected reading on new homes sales for July. That followed a better-than-expected durable goods report.
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U.S. stocks ended higher on Wednesday  after Kmart's plan to buy Sears in an $11.5 billion deal was  announced and computer maker Hewlett-Packard Co. HPQ.N posted  solid earnings.