Sears Holding Corporation (SHLD), the fourth largest broadline retailer in the U.S., has reported relatively modest second quarter results with a decrease in year-over-year revenue and net income, and improvement in the balance sheet. Sears reported total revenues of $10.6 billion during the quarter compared to $11.8 billion in the year-earlier quarter. The decrease in year-over-year sales was primarily due to a decline in comparable store sales and the adverse effect of foreign currency. Total comparable store sales decreased 8.6% during the quarter, with the Sears Domestic division accounting for 12.5% decrease and the Kmart division accounting for 3.9% decrease. The Sears Domestic division was negatively affected by the decline in the housing industry coupled with a decrease in apparel sales. The Kmart comparable store sales also declined largely due to a fall in apparel sales, which was partially offset by an increase in home electronic ...

Stock-PR Nasdaq Stock Report August 18, 2009

Concur (Nasdaq: CNQR), the world’s leading provider of on-demand Employee Spend Management services, will unveil Concur(R) Mobile for the iPhone next week at the NBTA Convention in San Diego. This powerful extension to Concur(R) Travel & Expense - Concur’s innovative end-to-end travel and expense management service - now enables iPhone users to manage their itinerary, conduct in-policy business travel transactions, capture T&E expense data and approve expense reports - all while on the road.

NGAS Resources, Inc. (Nasdaq:NGAS) August 18, 2009 August 18, 2009 announced that it has closed the sale of its remaining 50% interest in 485 miles of Appalachian gas gathering facilities to Seminole Energy Services (SES) for $22 million. The purchase price was paid $7.5 million at closing, with the balance of $14.5 million payable by SES in monthly installments through December 2011.

Stein Mart, Inc. (Nasdaq: SMRT) August 18, 2009 August

...