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Friday, August 22, 2014

Takeover Digest- New York Times business news - Aug 22, (NASDAQ: SHLD)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Sears Holdings Corp, which owns Sears and Kmart stores, announced on Thursday that it lost $975 million in the first six months of the year. (* As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash. (

Sears Holdings Corporation (Holdings) is a retailer with 2,172 full-line and 1,338 specialty retail stores in the United States operating through Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. Shares of SHLD fell by 7.15% or $-2.57/share to $33.38. In the past year, the shares have traded as low as $31.26 and as high as $67.50. On average, 865981 shares of SHLD exchange hands on a given day and today's volume is recorded at 4640950.