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SHLD

Sears

$7.29

0.1 (1.39%)

06:08
10/06/17
10/06
06:08
10/06/17
06:08

Sears borrows $100M from CEO Lampert for 'general corporate purposes'

In a regulatory filing, Sears said that on October 4, the company entered into an Amended and Restated Loan Agreement. Pursuant to the Amended and Restated Loan Agreement, the Borrowers borrowed an additional $100M from the Lenders. After giving effect to the Initial Incremental Loan, the aggregate principal amount outstanding under the Amended and Restated Loan Agreement was $499.4M. Edward S. Lampert, the company's CEO and Chairman, is the sole stockholder, CEO and director of ESL Investments, Inc., which controls JPP, LLC and JPP II, LLC. Subject to the satisfaction of certain conditions, including pledging additional properties or other assets as collateral, up to an additional $100Mmay be drawn by the Company prior to December 1, 2017. The Incremental Loans mature on April 3, 2018. The original loans under the Amended and Restated Loan Agreement continue to mature on July 20, 2020. The company expects to use the proceeds of the Incremental Loans for general corporate purposes.

SHLD Sears
$7.29

0.1 (1.39%)

07/20/17
JPMS
07/20/17
NO CHANGE
JPMS
Whirlpool pullback on Amazon-Sears team-up overdone, says JPMorgan
JPMorgan analyst Michael Rehaut said he believes the decline in Whirlpool (WHR) following news of Sears' (SHLD) deal to sell appliances via Amazon (AMZN) has been overdone. He notes Whirlpool has proven it can adapt to the changing retail environment and that if Amazon becomes a reasonably large distribution channel for appliances he'd expect the company to participate.
07/21/17
JEFF
07/21/17
NO CHANGE
JEFF
Home Depot, Lowe's, Best Buy selloff yesterday overdone, says Jefferies
Jefferies analyst Daniel Binder views the selloff yesterday in shares of Home Depot (HD), Lowe's (LOW) and Best Buy (BBY) on news that Sears (SLD) would sell Alexa-integrated Kenmore appliances through Amazon (AMZN) as overdone. While Amazon shouldn't be underestimated, appliance transactions are complex and Kenmore brand equity has declined, Binder tells investors in a research note. He does not believe the Sears deal is an indicator that more appliance manufacturers will sell direct via Amazon.
07/21/17
RHCO
07/21/17
NO CHANGE
RHCO
Amazon.com, Sears deal doesn't impact Best Buy thesis, says SunTrust
After Best Buy (BBY) dropped following the announcement of a deal between Amazon (AMZN) and Sears (SHLD) on appliances, SunTrust analyst David Magee says the 4% decline in Best Buy's stock is "understandable." However, he says the news doesn't alter his basic thesis on Best Buy. Magee says that Best Buy has shown that it can compete effectively against Amazon in other categories, while there are several other brands of appliances besides Sears' Kenmore that have good reputations and Best Buy will have better service than Sears and Amazon. He keeps a $70 price target and a Buy rating on Best Buy.
08/25/17
SUSQ
08/25/17
NO CHANGE
SUSQ
Sears core 'bad, getting worse, ' says Susquehanna
Susquehanna says that Sears' Q2 results show that its core business is "bad and getting worse," and the firm doubts "whether the company will ever" generate comp sales growth again. Susquehanna says that the company "is struggling to exist" and keeps a $4 price target and Negative rating on the stock.

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Bombardier

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TWX

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EQIX

Equinix

$457.85

-2.5 (-0.54%)

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MET

MetLife

$51.41

-1.08 (-2.06%)

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Metlife failed to pay some pensions, Reuters reports »

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  • 12

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GM

General Motors

$40.95

0.14 (0.34%)

17:06
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GM facing $1B reckoning in ignition-switch settlement, WSJ reports »

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TCEHY

Tencent

$50.31

-0.231 (-0.46%)

, BABA

Alibaba

$173.55

1.8 (1.05%)

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Tencent to buy stake in supermarket chain, Bloomberg reports »

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TCEHY

Tencent

$50.31

-0.231 (-0.46%)

BABA

Alibaba

$173.55

1.8 (1.05%)

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AMZN

Amazon.com

$1,179.14

4.88 (0.42%)

16:50
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Amazon in talks to acquire Sqrrl, Axios reports »

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  • 18

    Mar

HUM

Humana

$253.64

3.03 (1.21%)

, KND

Kindred Healthcare

$8.60

0.45 (5.52%)

16:48
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Humana in talks to acquire Kindred Healthcare, Reuters reports »

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HUM

Humana

$253.64

3.03 (1.21%)

KND

Kindred Healthcare

$8.60

0.45 (5.52%)

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ORCL

Oracle

$48.30

-1.89 (-3.77%)

16:39
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Oracle buys Aconex for $1.2B »

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CSX

CSX

$52.93

-4.38 (-7.64%)

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CSX announces death of CEO E. Hunter Harrison »

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VRX

Valeant

$19.71

0.03 (0.15%)

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Valeant, subsidiary announce early tender results »

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  • 27

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KMF

Kayne Anderson Midstream/Energy Fund

$13.78

0.09 (0.66%)

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Kayne Anderson Midstream/Energy Fund announces distribution of 30c per share »

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KYN

Kayne Anderson MLP

15:59
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Kayne Anderson MLP announces distribution of 45c per share for Q4 »

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KED

Kayne Anderson Energy

$16.68

-0.01 (-0.06%)

15:56
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KYE

Kayne Anderson Energy

$10.19

-0.01 (-0.10%)

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CSX

CSX

$52.93

-4.38 (-7.64%)

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CBOE

CBOE Holdings

$126.37

0.31 (0.25%)

11:22
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DIS

Disney

$111.27

0.7 (0.63%)

, FOXA

21st Century Fox

$34.99

0.11 (0.32%)

11:17
12/16/17
12/16
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Periodicals
Disney/Fox 'a murky web of deals within deals,' Barron's says »

Walt Disney's (DIS)…

DIS

Disney

$111.27

0.7 (0.63%)

FOXA

21st Century Fox

$34.99

0.11 (0.32%)

FOX

21st Century Fox

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ALK

Alaska Air

$70.83

1.44 (2.08%)

10:53
12/16/17
12/16
10:53
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10:53
Periodicals
Alaska air should bounce back in 2018, Barron's says »

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ONCE

Spark Therapeutics

$46.37

1.16 (2.57%)

10:42
12/16/17
12/16
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10:42
Periodicals
Spark Therapeutics selloff may be overdone, Barron's says »

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  • 12

    Jan

AAPL

Apple

$173.97

1.75 (1.02%)

10:29
12/16/17
12/16
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New Apple iPhone features also bring software bugs, Barron's says »

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NFLX

Netflix

$190.12

0.56 (0.30%)

, DIS

Disney

$111.27

0.7 (0.63%)

10:19
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More consolidation to come after Disney/Fox deal, Barron's says »

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NFLX

Netflix

$190.12

0.56 (0.30%)

DIS

Disney

$111.27

0.7 (0.63%)

FOXA

21st Century Fox

$34.99

0.11 (0.32%)

FOX

21st Century Fox

MSGN

MSG Networks

$19.80

0.05 (0.25%)

AMCX

AMC Networks

$55.33

1.16 (2.14%)

VIAB

Viacom

$30.24

0.53 (1.78%)

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  • 08

    Feb

XOM

Exxon Mobil

$83.03

0.13 (0.16%)

09:22
12/16/17
12/16
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Exxon disclosure of climate-change regulation impact has risks, Barron's says »

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DIS

Disney

$111.27

0.7 (0.63%)

, FOXA

21st Century Fox

$34.99

0.11 (0.32%)

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Week in review: How Trump's policies moved stocks »

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DIS

Disney

$111.27

0.7 (0.63%)

FOXA

21st Century Fox

$34.99

0.11 (0.32%)

FOX

21st Century Fox

T

AT&T

$38.24

0.5 (1.32%)

CHTR

Charter

$322.31

-6.37 (-1.94%)

CMCSA

Comcast

$39.71

0.59 (1.51%)

CMCSK

Comcast

VZ

Verizon

$52.67

0.33 (0.63%)

NFLX

Netflix

$190.12

0.56 (0.30%)

AMZN

Amazon.com

$1,179.14

4.88 (0.42%)

FB

Facebook

$180.18

1.79 (1.00%)

TWTR

Twitter

$22.23

-0.35 (-1.55%)

GOOG

Alphabet

$1,064.19

15.04 (1.43%)

GOOGL

Alphabet Class A

$1,072.00

14.53 (1.37%)

DFS

Discover

$74.59

0.92 (1.25%)

SYF

Synchrony

$37.19

0.2 (0.54%)

COF

Capital One

$96.31

2.25 (2.39%)

OMF

OneMain Holdings

$25.50

0.25 (0.99%)

CIT

CIT Group

$49.78

0.64 (1.30%)

SC

Santander Consumer

$17.99

-0.29 (-1.59%)

SLM

Sallie Mae

$11.17

0.18 (1.64%)

AL

Air Lease

$45.80

1.07 (2.39%)

03/08/13
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  • 11

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  • 14

    Dec

SHOO

Steven Madden

$44.15

1.15 (2.67%)

04:55
12/16/17
12/16
04:55
12/16/17
04:55
Conference/Events
Steven Madden management to meet with B. Riley FBR »

Meetings to be held in…

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  • 16

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