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Shares of Sears Holdings (SHLD) move up 2.6% in premarket trading after the company announces...

Shares 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.
Comments (2)
  • Turn that real estate into cash flow investments.

     

    Lahiem
    8 Jan 2013, 08:10 AM Reply Like
  • and transition to RE quickly on his terms if recession hits he may have to act more desperately and extract less value.
    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.
    8 Jan 2013, 12:21 PM Reply Like
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