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APR 13, 2015 - TheStreet

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Sears Holdings Forms Joint Venture with Simon Property, Another Move to Pare Down Assets

NEW YORK ( TheDeal) – Department store operator Sears Holdings and mall operator Simon Property Group have formed a joint real estate venture, the two companies announced Monday. Hoffman Estates, Ill.-based Sears Holdings will contribute 10 properties located at malls operated by Indianapolis-based Simon Property to the partnership valued at $228 million. Must Read: 10 Stocks George Soros Is Buying ...

Tags: Sears Holdings Forms Joint Venture with Simon Property, Another Move to Pare Down Assets,  Kmart Latest News

APR 13, 2015 - New York Post

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Sears pockets $114M in stores deal

Once again, billionaire investor Eddie Lampert is proving he doesn’t have to make money or grow sales at Sears or Kmart to goose its stock. Lampert, the chairman and chief...

Tags: Sears pockets $114M in stores deal,  Kmart Latest News

APR 02, 2015 - TheStreet

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3 Reasons Why Sears' Latest Deals to Raise Money Still Won't Save It

 NEW YORK ( TheStreet) -- Execs at Sears Holding Corporation may have bought the struggling retailer some time with their latest cash injection. But the long-term outlook for Sears and Kmart remains far from certain thanks to transformative initiatives under way at some of its top rivals. On Wednesday, Sears announced two transactions that together will raise about $2.6 billion in cash by mid-year. The news ...

Tags: 3 Reasons Why Sears' Latest Deals to Raise Money Still Won't Save It,  Kmart Latest News

APR 02, 2015 - TheStreet

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April 2 Premarket Briefing: 10 Things You Should Know

NEW YORK (TheStreet) -- Here are 10 things you should know for Thursday, April 2: 1. -- U.S. stock futures are dropping Thursday on the last trading day of the week. Unemployment numbers come in today, and Fed chair Janet Yellen speaks. European stocks were little changed on Thursday as eurozone monetary policymakers prepared to meet to set rates. Major European ...

Tags: April 2 Premarket Briefing: 10 Things You Should Know,  Kmart Latest News

APR 01, 2015 - TheStreet

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Stocks Trim Losses as Oil Trades Above $50, Iran Negotiations Stall

NEW YORK (TheStreet) -- Stocks trimmed losses by mid-afternoon Wednesday as energy companies rallied as crude oil traded above $50 a barrel. A mix of weak economic data and soft sales in March from Ford and General Motors , however, were keeping markets in the red. The S&P 500 declined 0.57%, the Dow Jones Industrial Average fell 0.5%, and the ...

Tags: Stocks Trim Losses as Oil Trades Above $50, Iran Negotiations Stall,  Kmart Latest News