When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
SHLDQ - Sears Holdings Could Remain In Ch.11 Bankruptcy For Another Year
Sears Holdings Corporation
Sears Holding Corp. (SHLDQ) is still in Ch.11 bankruptcy. Since the reorganization plan was confirmed by Judge Drain last October 15 (docket 5370), lawyers have filed volumes of motions and objections. The shares still trade each day, even though shareholders will receive no recovery - not even from any potential proceeds from lawsuits against Eddie Lampert/ESL. Shares will be cancelled on the plan's effective date, which could be over a year from now. Lampert continues to permanently close more and more Kmart and Sears stores, but he recently sold Innovel Solutions, the home