Sears Holdings (NASDAQ:SHLD) Increasing Overdraft

Sears Holdings (NASDAQ:SHLD) has increased its credit facility capacity to
$3.275 billion. Sears Holdings (NASDAQ:SHLD) Increasing Overdraft Sears Holdings
(NASDAQ:SHLD) has announced that it has entered into an amendment to its
domestic revolving credit facility, under which the borrowing capacity of the
company has been increased to $3.275 billion from $2.441 billion. The maturity
date is also extended to April 7, 2016, from June 12, 2012. The facility also
has a lower interest rates and the fee the lender charges Sears Holdings
(NASDAQ:SHLD) for holding available credit was reduced. Sears Holdings
(NASDAQ:SHLD) stocks were at 78.22 at the end of the last days trading. Theres
been a 11.5% change in the stock price over the past 3 months. Sears Holdings
(NASDAQ:SHLD) Analyst Advice Consensus Opinion: Moderate Sell Mean
recommendation: 4 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 4 Zacks Rank: 4
out of 16 in the industry