Sears Holdings (SHLD) Responds to Concerns, Says it Has Financial Flexibility - Bloomberg
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Price: $32.78 +1.61%
Rating Summary:
0 Buy, 0 Hold, 3 Sell
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Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
Rating Summary:
0 Buy, 0 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
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Sears Holdings (NASDAQ: SHLD) said in an email obtained by Bloomberg that it has the financial flexibility to continue to fund its transformation while meeting financial obligations. Comments were in response to a cautious note from analysts at Evercore ISI that said the company will need to access external funding or sell assets by Q3 to fund the holiday.
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