Sears Holdings Corp (SHLD) Stock Awaits How Canada Unit Bankruptcy Plays Out

Sears Holdings Corp (NASDAQ:SHLD) might not hold a majority of Sears Canada’s equity anymore, but the affiliate’s bankruptcy should help those holding SHLD stock understand just how messy things are going to get in the U.S.

If Eddie Lampert thinks he’s going to get out from under his moral obligation to pay severance to longtime employees, he’s got another thing coming.