Investors Keen to Hear About Sears Turnaround; Appliance Sales

Sears turns in its quarterly report card before the bell this morning. Losses are expected to widen from 2.88 from the third quarter a year ago to 3.31. Last month, the retailer announced it was thinking about monetizing some of its assets by offloading 300 stores to a REIT. Sears has spun off its Lands' End business and leased store space to retailers, including Whole Foods. Year to date, Sears stock is down 30 percent. Investors will also be keen to hear how appliance sales are going. Despite a tough retail environment this year, Sears says its feeling pretty okay about holiday traffic and sales.