Sears Cuts Outlook, Alcoa Hit By Double Whammy

Sears Holdings reported after the bell that the company expects same-store sales to fall for the fourth quarter, a major obstacle to its turnaround.
Author:
Publish date:

Sears Holdings reported after the bell that the company expects same-store sales to fall for the fourth quarter, a major obstacle to its turnaround. Pittsburgh steel titan Alcoa was hit by a bribery fine during the day and disappointing earnings after hours, souring the New Year. We can't be that down on a Friday, though: and Jim Cramer is seeing some green shoots coming out of the Consumer Electronics Show in Las Vegas. Jonathan Marino at the Nasdaq Market Site in Times Square.