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Shares of Sears Holdings (SHLD) move up 2.6% in premarket trading after the company announces...
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Tuesday, January 8, 7:38 AM ETShares of Sears Holdings (SHLD) move up 2.6% in premarket trading after the company announces Eddie Lampert will take over the CEO role and guides its estimates for Q4 EPS higher. While comparable store sales fell off 0.2% for the recent nine-week period, Sears Domestic and Kmart increased online sales by 20% with new initiatives contributing.
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This news story has 2 comments:
Lahiem
what has he been waiting for the last 2 years?
he had a window of opportunity to get this company positioned correctly but he has squandered so far. hopefully he gets aggressive now making this a real estate centric company.