Friday, February 24, 2012

Positive News for Sears SHLD Google Stock Quote; DJIA Index Pops; Sears Holdings Sales News Today

Stock Quote SHLD Sears Holdings News Today: The primary index composites
finished the last session in the green. The DJIA closed last session higher by
.36 percent at 12,984.69. The Nasdaq finished green by .81 percent at 2,956.98
and the S&P 500 closed higher by .43 percent at 1,363.46. It was a positive day
overall for the primary stock composites in the U.S. and it was also a positive
day for Sears Holdings. Sears SHLD stock jumped higher just one day after
experiencing a noteworthy drop off in stock value. Headlines hit center stage at
mid-week for Sears as the company outlined the potential to shut down more
stores. Earnings data is below expectations and stores are at risk. Stock Values
plummeted by almost 7 percent that day as a result. Last session was a different
story as the stock value for Sears Holding experienced a significant rebound. At
one point during the session, Sears stock notched higher by over 20 percent on
the day. The rebound stemmed from moves Sears Holdings made in response to a
poor fourth quarter. The initiatives include selling approximately 11 stores and
reducing overall inventories. The moves will give Sears Holding access to close
to a billion dollars which will help to strengthen its footing. Investors were
pleased and share value finished higher last session. Sears Holdings SHLD closed
last session higher by 18.66 percent at 61.80. Year to date outcomes for SHLD
are positive by 94.46 percent. Frank Matto

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