Sears Seeks to Kill Bankruptcy Talk as Stock Collapses — Fortune

Sears Holdings shld sought on Wednesday to soothe growing fears it was going bankrupt after a disclosure in its annual report evoking concerns about its survival sent shares plummeting 15%. The owner of the Kmart and Sears chains put out a blog post slamming media reports about the bankruptcy concerns, saying they did not make…

via Sears Seeks to Kill Bankruptcy Talk as Stock Collapses — Fortune