Bloomberg News

Sears Posts First-Quarter Profit on Asset Sales

May 17, 2012

Bloomberg's Sheila Dharmarajan reports that Sears Holdings Corp., the retailer controlled by hedge fund manager Edward Lampert, reported first-quarter net income of $189 million after selling stores and said it would partially spin off its Canadian operations. She speaks on Blomberg Television's "Inside Track." (Source: Bloomberg)

Running Time: 01:31


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