Sears circling the drain? No, says Wall St.

Sears Holdings said Thursday that it would close another 28 Kmart locations as it continues its cost-cutting campaign amid a precipitous decline in the department-store sector. The company also posted declining sales and profits, but the results outpaced analyst expectations and led to a surge in its stock price. -- More...

News on the Net——Bio and Archives

News from around the world