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Posted on: March 8, 2016, 9 a.m.
Lauren Coleman-Lochner Bloomberg - Sears Holdings Corp., the department-store operator run by hedge fund manager Edward Lampert, posted a $580 million fourth-quarter net loss as sales continued to slide. The loss compared with a $159 million net loss a year earlier, the Hoffman Estates, Illinois-based company said in a statement Thursday. On an adjusted basis, before interest, taxes, depreciation and amortization, the loss was $82 million, within the $50 million to $100 million range Sears provided this month. The company ... Full investment news article