Sears sees speculation that it could be getting ready to make a large buy - report

Sears, the Illinois listed retailer, is seeing speculation that it could be getting ready to make a large buy, reported the Wall Street Journal. The report, part of a story looking at the company's fourth quarter financial results, said that Sears had a large cash balance at the end of the fourth quarter, which has prompted talks that it could make a large strategic buy in 2007. According to the unsourced report, Sears expects to end its fiscal year with USD 3.5bn in cash.