A cautious open and trading day is likely for Wall Street, as investors await the outcome of today's midterm elections.
Futures point to a slightly higher open for Wall Street, as investors await tomorrow's Election Day results. The major averages remain out of correction territory, and even after October's sell-off, all three are still higher for the year.
Sears is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said.
Lampert's hedge fund, ESL Investments Inc, is weighing partnering with other potential lenders to contribute up to $450 million in bankruptcy financing in exchange for key collateral that Sears' banks currently hold, which includes some store leases, the sources said. In return for giving up their claims on the collateral, the banks would be given the...
Futures are higher ahead of the first trading session of November, following two straight days of strong gains that trimmed October's significant losses.
Futures are pointing to a higher open on Wall Street, but as investors have seen in recent days, a positive open means virtually nothing about where the market closes.
U.S. stock futures were higher this morning, though it would represent barely a dent in the recent stock price carnage. The Nasdaq is in correction territory.
U.S. stock futures are leading a global market sell-off this morning, a day after Wall Street staged a strong rally. The S&P 500 is on the cusp of a correction.
Sears Chairman Eddie Lampert has gone to investment banks in the past week asking them to improve the terms of his bankruptcy loan. If Sears doesn't get more money, it could burn through cash within two weeks.
Sears Holdings Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday.
Jim Stewart, The New York Times, discusses his interview with Sears chairman Eddie Lampert about the downturn and bankruptcy of the legacy retailer.
CNBC's Courtney Reagan reports that Sears former CEO Eddie Lampert said he takes "responsibility for our mistakes."
Former Sears CEO Eddie Lampert speaks to 1,000 employees one day after the retail giant filed for bankrtupcy.
Sears will continue to operate through the holidays, as it looks to find a buyer for the business. It will also continue to evaluate its remaining stores' performance.
Mark Cohen, former Sears Canada CEO, and Gerald Storch, former Toys R Us CEO, discuss Sears' bankruptcy filing and what went wrong with the former retail giant.
Dana Telsey, Telsey Advisory Group CEO, discusses Sears filing for Chapter 11 bankruptcy and CEO Eddie Lampert stepping down.
The Chapter 11 filing to reorganize debts of the parent of Sears, Roebuck and Co and Kmart Corp follows a decade of revenue declines, hundreds of store closures, and years of deals by billionaire Chief Executive Officer Eddie Lampert in an attempt to turn around the company he acquired in 2005 for $11 billion. Lampert and his hedge fund ESL Investments Inc own just...
The 'Squawk on the Street' team discusses Sears filing for bankruptcy and Eddie Lampert, Sears Holdings CEO, stepping down.
CNBC's Andrew Ross Sorkin reports on Sears Holdings filing for bankruptcy early Monday morning and comments from outgoing Sears CEO Eddie Lampert.
Sears says liquidation sales are coming soon for 142 stores. It wasn't immediately clear which locations would be going dark.