Combined Sears, Kmart Plans to List on Nasdaq
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The merger of Sears, Roebuck &#38; Co. and Kmart Holding Corp. will produce a retailer to be known as Sears Holdings Corp. The combined company has applied to list its stock on Nasdaq under a yet-to-be-announced stock symbol, the two companies said in merger documents filed Tuesday.
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Stock investors will look to earnings  reports from retailers Federated Department Stores Inc.   and Target Corp.  next week as well as new soundings on  consumer sentiment as they to try to get a handle on the state  of the U.S. economy.
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GRAND RAPIDS, Mich. Kmart&#39;s pending acquisition of Sears has a number of suppliers wondering how it will affect their business.
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Discount retailer Kmart Holding Corp.  will buy department store operator Sears, Roebuck & Co. in a  $11.5 billion deal unveiled on Wednesday, creating the  third-largest U.S. retailer.
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Kmart Holding Corp. (KMRT.O: Quote, Profile, Research) said on Thursday it would sell 45 stores for $524 million to Sears, Roebuck and Co.
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By Anne D&#39;Innocenzio, Associated Press, 11/18/2004 09:11. NEW YORK  The $11 billion deal between Kmart and Sears is seen as a high-risk gamble to some analysts, who say the struggling discounter and struggling
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The debut of Sears Holding Corp. drew mixed reviews Wednesday as Wall Street cheered while retail experts scratched their heads. Kmart Holding Corp.
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Sears, Roebuck &amp; Co. and discount retailer Kmart Holding Corp. said on Nov. 17, 2004, that they would merge in an $11 billion deal to form the third-largest US retailer.
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U.S. stocks rose on Wednesday as  retailers Kmart Holding Corp. KMRT.O and Sears, Roebuck & Co.  S.N announced an $11.5 billion deal, while computer maker  Hewlett-Packard Co. HPQ.N posted solid earnings.
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U.S. stocks closed higher, reviving  their recent rally on Wednesday after Kmart's plan to buy Sears  in a $10.85 billion deal was announced and computer maker  Hewlett-Packard Co. HPQ.N posted solid earnings, but a rise  in oil prices capped session gains.
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Credit investors found it difficult to muster much joy over Kmart Holding Corp.&#39;s (KMRT.O: Quote, Profile, Research) plan to buy Sears, Roebuck &amp; Co.
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The fact that neither Kmart or Sears has faired well against Wal-Mart may leave some people wondering if the combined company can do any better.
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The monster merger between Troy, Mich.-based Kmart Holding Corp. and Hoffman Estates, Ill.-based Sears Roebuck &amp; Co. may have local impact.
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U.S. stocks rose on Wednesday lifted  by a merger between retailers Kmart and Sears,  better-than-expected earnings from Hewlett-Packard and data  showing a slight rise in core inflation.
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Alan J. Lacy will not be the top man at Sears, Roebuck &amp; Company any longer if the announced merger with Kmart is completed. But he will receive a raise and could take out more than $20 million by cashing out his existing options on Sears stock.
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Kmart Holding Corp. posted its fourth straight quarterly profit on Wednesday as the discount retailer and Sears, Roebuck and Co. announced an &#36;11 billion merger.
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US department store operator Sears, Roebuck &amp; Co. (SN: Quote, Profile, Research) and discount retailer Kmart Holding Corp. (KMRT.