Best Shares Today - (NASDAQ:SHLD) Tops Estimates, Shares Surge

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Sears Holdings Corporation (NASDAQ:SHLD) soared 2% to $77.42 after it said its loss attributable to shareholders in the fiscal third quarter narrowed to $127 million, or $1.09 a share, from $146 million, or $1.16 a share, a year earlier. Revenue fell to $10.19 billion from $10.66 billion, while the adjusted loss for the quarter was 81 cents a share. Analysts had been expecting a loss of $1.05 a share on sales of $9.9 billion.

Sears Holdings Corporation (Holdings) is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co. (Sears). The Company is a broadline retailer with 2,297 full-line and 1,233 specialty retail stores in the United States operating through Kmart and Sears and 388 full-line and specialty retail stores in Canada operating through Sears Canada Inc. (Sears Canada), a 73%-owned subsidiary. During the fiscal year ended January 31, 2009 (fiscal 2008), Sears Holdings Corporation operated three business segments: Kmart, Sears Domestic and Sears Canada.