Bruce Berkowitz Lends A Shoulder To Sears Holdings Corp (SHLD)

Recent notes from Fitch Ratings and Credit Suisse analyst Gary Balter underscored troubled retailer Sears Holdings Corp (NASDAQ:SHLD)’s precarious cash situation.

Last week Fitch Ratings down-graded Sears' long-term Issuer Default Ratings to 'CC' from 'CCC.' The action reflected concerns regarding its falling profitability and liquidity problems given that the possibility of a turnaround . . .


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