Sears Posts a Loss, Cuts Full-Year View
124938
Sears, Roebuck & Co , the largest U.S. department store chain, on Thursday posted a third-quarter loss as its clothing sales continued to slide and cuts its forecast for the full year.
383620
The Sears Holdings Corporation extended until Oct. 31 its $802 million offer to buy the 46 percent of Sears Canada it does not already own. The proposal may be further extended as the company seeks to appeal a regulatory ruling blocking its effort to buy the stake. The bid would pay Sears Canada stockholders 18 Canadian dollars a share and values the company at about 1.94 billion Canadian dollars ($1.74 billion). Sears also said it would ask the Ontario Court of Appeal to reconsider a decision by the Ontario Securities Commission that barred Sears Holdings from counting some shareholder votes toward the proposed purchase and effectively prevented the company from completing the acquisition.
585317
Sears Holdings Corp.  on Tuesday forecast lower quarterly profit and admitted that it needs to become more relevant to consumers and control its costs, sending its shares down more than 7 percent in premarket trading.
181953
Sears, Roebuck &amp; Co (SN: Quote, Profile, Research) , the largest US department store chain, on Thursday posted a third-quarter loss as its clothing sales continued to slide and cuts its forecast for the full year.
533053
The problem, analysts say, boils down to this: Customers are avoiding Sears stores in droves.
544577
The company scrapped its dividend after posting a net loss of 3.5 billion euros ($5.12 billion) for the year, including a huge charge in the 4th quarter to reflect a drop in value of Lucentâs mobile assets.
210641
General Motors Corp  on Tuesday  posted a quarterly loss reflecting a slump in its North  American market and losses at former finance subsidiary GMAC.
317618
Black & Decker slashed its fourth-quarter profit outlook on Friday, citing worse-than-expected conditions in North America and a one-time charge.
237532
Company posts big loss amid a variety of problems that are "self-induced." It also expects an operating loss for the current quarter, which includes the holiday selling season.
475471
Retailer Sears Holdings Corp  said its  Chief Executive Aylwin Lewis will leave the company, effective  Feb 2.
682465
Pharmacy chain operator Rite Aid Corp.  on Thursday posted a quarterly loss, compared with a profit in the same year-earlier quarter, and cut its full-year outlook, citing worse-than-expected sales.
50236
Retailer posts wider operating loss; revenue slips from year earlier, as US same-store sales fall. NEW YORK (CNN/Money) - Beleaguered toy retailer Toys &#39;R&#39; Us, in the midst of a major restructuring of its
232842
General Motors Corp on Tuesday posted a quarterly loss reflecting a slump in its North American market and losses at former finance subsidiary GMAC.
470453
The electronics company posts a big loss amid a variety of problems the company says are "self-induced." It also warns it expects an operating loss for the current quarter, which includes the rest of the holiday selling season.
375044
U.S. retailer Sears Holdings Corp  said its chief executive Aylwin Lewis will leave the company, effective Feb 2, the latest in a shake-up of the firm that operates the Sears and Kmart chain of stores.
124791
General Motors Corp. (NYSE:GM) is reporting the largest annual loss ever for a U.S. automotive company.
679682
As expected, the athletic-shoe retailer posts a loss in the first quarter.