Tag Archives: Preferred stock

Orchard Supply Hardware Common And Preferred Begin Trading Today

By |
0 Comment

Orchard Supply Hardware Common(OSH) and preferred(OSHSP) began trading this morning, following their spinoff from Sears Holdings(SHLD). The newly independent company issued a press release to mark the occasion:         Orchard Supply Hardware Stores Corporation, a specialty retailer serving homeowners with repair, maintenance and improvement needs, announced that its spin-off from Sears Holdings Corporation was completed at… Read More »

Should You Bite The Preferred Apple From Orchard?

By |
1 Comment

Whopper Investments asks the question we’ve been puzzling over: What is the purpose of the preferred stock being issued to Sears(SHLD) shareholders as part of the Orchard Supply(OSH) spinoff? We’ve previously written in general terms about the spinoff here, but haven’t much discussed the prospects of the securities that will be distributed.  Sears has its own issues which… Read More »