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Why Eddie Lamperts failing Sears-Kmart experiment could mean trouble to the household sector, where consumer read more
So much for reading the newspaper. There are some smart Carolinian bank that has managed to stay out of trouble Billionaire Eddie Lamperts Sears Has More Ideas In
After recording a 31.4 reading back in March, the Chicago ISM Index has rebounded Eddie Lamperts Troubles at Sears Highly Leveraged Obama Play TerreMark
BusinessWeek's Bob Reed wonders about Eddie Lampert's stewardship of Sears Holdings Corp. NYSE SHLD, the parent company of Sears and Kmart. While investors were buoyant about the company's prospects less than a year ago,
Eddie Lampert used to be the smartest investor in retailing, if not the best investor of his generation. That was the case last summer when shares of Sears SHLD hovered above 170. In his recent letter to shareholders, The Craftsman brand at Sears is serous trouble. In fact, just today the company that recently bought one Sears's major U.S. suppliers of hand tools, Western Forge, from Emerson has fired Western Forge's long time President and replaced him with
Shares of SHLD make up 71.44 of Chairman Eddie Lampert's portfolio. Lampert is a student of Warren Buffett's who believes in investing in a stock for long term gains, and also investing in a company that is undervalued but ripe for a turnaround. This trade could be risky if retail numbers are soft over the summer, especially with SHLD reporting earnings in the week before August expiration, but the stock would have to fall by 17.3 before we would be in trouble.
The chairman of Sears Holdings Corporation, Edward Lampert, is out today with his annual letter, and it makes for some interesting reading. Mr. Lampert says he's been reading Thomas Sowell's book Intellectuals and Society,
Eddie Lampert So how does Eddie Lampert, chairman of Sears Holdings NASDAQ SHLD, with his stellar track record as a hedge fund manager, the man behind the 2005 merger of Sears Roebuck and Kmart merger -- how does he end up as a Money
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