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Home>Sears could still run out of money by mid-2015: analyst

Sears could still run out of money by mid-2015: analyst

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Thu, 2 Oct 2014

Money-losing Sears Holdings Corp.'s (SHLD) move on Thursday to raise up to $380 million through a rights offering in Sears Canada can provide the company with additional short-term liquidity ahead of the key holiday season, but it doesn't stem the "massive" free cash flow burn at the company, said
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