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Actionable news in SHLD: Sears Holdings Corporation,

Sears' Second Quarter Was Absolutely Disturbing

Sears Holdings (SHLD) is in really bad shape as its earnings report shows, and as it prepares for the holiday season.

The struggling owner of Sears and Kmart reported a staggering second-quarter loss of $2.03 a share as it felt intense competitive pressures in businesses such as appliances and apparel from Home Depot (HD) , Lowe's (LOW) , J.C. Penney (JCP) , Best Buy (BBY) and Walmart (WMT) . A year ago, the company delivered a loss of $2.03 a share. Net sales plunged 8.8% to $5.7 billion.

The...


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