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Sears Board Explores Sale Of Assets
Monday, May 14, 2018 - 8:45am | 330Sears Holdings Corp (NASDAQ: SHLD) announced Monday it was exploring a sale of its Kenmore brand and related assets, its Sears Home Improvement business and its Parts Direct business. Why It’s Important The company’s stock has fallen 59 percent year-over-year as management has...
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Sears, Amazon Partner Up For Tire Delivery And Installations
Wednesday, May 9, 2018 - 10:33am | 541Amazon.com, Inc. (NASDAQ: AMZN)'s partnership with Sears Holdings Corp (NASDAQ: SHLD) started in 2017 with an agreement to sell Kenmore-branded appliances online. On Wednesday, the companies announced an extension of their relationship to now include tire delivery and installations. What...
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Analyst: Paccar Shares Keep On Trucking, Despite Recent Outperformance
Monday, November 6, 2017 - 12:27pm | 338PACCAR Inc (NASDAQ: PCAR) shares, despite trading at a multiple above the five-year historical average, still offer room for further upside, Argus said in a Monday morning note. PACCAR outperformed over the past quarter, adding 6 percent compared to the S&P 500's 4 percent, said analyst John...
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Home Retailers Are Getting Crushed After Sears Partners With Amazon
Thursday, July 20, 2017 - 12:50pm | 535Sears Holdings Corp (NASDAQ: SHLD)'s announcement on Thursday it will start selling its Kenmore appliances on Amazon.com, Inc. (NASDAQ: AMZN) is having ripple effects across the entire home retailing sector. For example, Home Depot Inc (NYSE: HD)'s stock was trading lower by more than 4 percent...
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XPO Logistics Could Be Big Winner From Sears-Amazon Deal
Thursday, July 20, 2017 - 10:12am | 330Sears Holdings Corp (NASDAQ: SHLD) announced on Thursday it will begin selling its complete line of Kenmore branded appliances on Amazon.com, Inc. (NASDAQ: AMZN) platform. While Sears' announcement is earning the praise of investors based on a
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Sears Goes To Amazon In Search Of A Lifeline
Thursday, July 20, 2017 - 9:23am | 430Sears Holdings Corp (NASDAQ: SHLD) shares surged more than 20 percent Thursday on news that it will begin selling Kenmore appliances through Amazon.com, Inc. (NASDAQ: AMZN). Consumers can now buy Kenmore air conditioners on Amazon.com, and Sears plans to offer the full line of Kenmore products...