Morningstar starts coverage of Sears at BB

Posted March 23, 2010 at 5:35 a.m.

From Morningstar | Morningstar said it has initiated credit coverage of Sears Holdings with
an issuer rating of BB, citing a high amount of near-term debt
maturities, pension obligations, aggressive
share-repurchase activity limiting the amount of free
cash flow available for debt repayment.

Get the full story: morningstar.com

 

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