Sears posts loss of $2.00 a share vs. $2.59 loss expected
June 08, 2015 at 06:00 AM EDT
Wall Street expected department store retailer Sears to post a quarterly loss of $2.59 per share on revenue of $6.08 billion, according to a Thomson Reuters consensus estimate. What's Sears stock doing now? On June 2, Sears shareholders filed a class-action lawsuit against the company, alleging that the proposed $2.5 billion sale to its real estate investment...