Robbing peter to pay Paul
Earlier this month, Sears reported another huge quarterly deficit -- $748 million -- bringing its total losses to $9.35 billion in the past eight years. The company needs to raise about $1.5 billion to make it through 2017 comfortably, according to Christina Boni, an analyst at Moody's Investors Service.
Eddie is doing a bang up job ain't he?
Earlier this month, Sears reported another huge quarterly deficit -- $748 million -- bringing its total losses to $9.35 billion in the past eight years. The company needs to raise about $1.5 billion to make it through 2017 comfortably, according to Christina Boni, an analyst at Moody's Investors Service.
Eddie is doing a bang up job ain't he?