Sears Canada shares plunge on report it's preparing to seek court protection

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/BBCZxQS.img?h=100&w=100&m=6&q=60&o=f&l=fTORONTO - Sears Canada's stock has plunged this morning following a news report that it's preparing to seek bankruptcy protection within weeks. The shares (TSX:SCC) fell 25 per cent to 60 cents on the Toronto Stock Exchange shortly after the open Wednesday. The stock had already declined from $1.14 on June 12, prior to a company warning that there was "significant doubt'' about its future and that it could be sold or restructured. Sears Canada ...

أكثر... (http://www.msn.com/en-ca/news/other/sears-canada-stock-plunges-on-news-report/ar-BBCZNQl?srcref=rss)