Sears Holdings (NASDAQ:SHLD) says tomorrow as the record date for determining shareholders entitled to purchase shares of Sears Hometown and Outlet Stores (SHOSR) at the rights price of $ 15 per share of the latter.
The slowdown. in China took a toll on auto sales growth which slipped 3.7%. This probably impacted domestic automakers more than GM (NYSE:GM) and Ford (NYSE:F) which both reported faster growth in sales in August. Antipollution laws on the anvil that would limit new registrations across more Chinese cities could prove to be another hurdle for sales.
AIG (NYSE:AIG) now comes under the regulatory jurisdiction of the Fed mostly because it owns a small bank, and after the Treasury becomes a minority holder in the company after its $ 18 billion sale of stock.