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Editorial Results (free)

1. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

2. CWCapital Sheds Willow Lake Buildings -

3900, 4100 Willow Lake Blvd.
Memphis, TN 38118
Sale Amount: $1.9 million

3. Sears Secures $7.3 Million Loan on East Memphis Store -

The parent company of Sears has taken out a $7.3 million loan on the store at 4570 Poplar Ave. in East Memphis, part of a broader effort to pump hundreds of millions into the struggling retailer.

4. Sears Spinning Off Some Stores Into Separate Co. -

NEW YORK (AP) – Sears is moving forward with plans to spin off its Hometown and Outlet stores as well as some hardware stores into a separate publicly traded company.

Sears had signaled that it would split the companies back in February. There are a total of 1,238 Hometown, Outlet and hardware stores as of April 28, according to Sears, which is trying to turn around its business and spruce up its image. It has already closed five Hometown stores, eight hardware stores and one Outlet store.

5. Two Elected To AutoZone Board -

Robert R. Grusky and William C. Crowley have been elected to the AutoZone Inc. board of directors. Both men were elected to the board in accordance with an agreement by ESL Investments Inc., AutoZone’s largest shareholders.

6. Analyst Upgrades AutoZone, Citing Boosted Buyback -

A BMO Capital Markets analyst on Monday upgraded AutoZone Inc. to “Market Perform” from “Underperform,” citing the automotive parts retailer’s plans to boost its share buyback program by $500 million.

7. AutoZone OKs Share Buyback Increase up to $500M -

AutoZone Inc. said Thursday its board has approved the repurchase of an additional $500 million in stock, bringing its current unused share repurchase authorization to $608 million.

The auto parts retailer also said it will increase its debt leverage to “better optimize its current capital structure.”

8. Archived Article: Autozone P - AutoZone earnings beat estimates AutoZone earnings beat estimates AutoZone Inc., one of the largest U.S. auto parts retailer, Tuesday said its fiscal second quarter earnings doubled, topping Wall Street estimates, as consumers looking to cut costs r...

9. Archived Article: Autozone Back - AutoZone Inc approves stock AutoZone Inc approves Stock repurchase AutoZone Inc. announced Friday its board of directors approved the repurchase of up to $200 million of the companys common stock in the open market. The purchase is in addition to an...