Byline: MONEE FIELDS-WHITE Hedge fund manager Edward S. Lampert has proved to investors he can wring profit out of a moribund retailer. Now they want to see how he's going to build Sears Holdings Corp. While store sales have declined, Mr. Lamper...
HOFFMAN ESTATES, Ill. - Edward S. Lampert, hedge fund manager and chairman of Sears Holdings Corp. lambasted the U.S. pension system, current and proposed pension laws and the PBGC in the company's shareholder letter, issued March 15. Mr. Lampert HOFFMAN ESTATES, Ill....
Byline: SANDRA JONES Two large institutional investors poured money into Sears Holdings Corp. in the second quarter, part of a wave of institutional buying since Edward S. Lampert, the billionaire hedge fund manager, took control of the company in Byline: SANDRA JONES ...
Byline: BRETT CHASE The honeymoon of Sears Holdings Corp. Chairman Edward S. Lampert and the retailer's shareholders may be cooling off. Since hitting a high of $163.11 on July 20, the shares have dropped more than 17%, closing Friday at $135.14 ...
When Kmart Corp. sold 78 stores to Sears, Roebuck and Co. and Home Depot Inc. for nearly $1 billion in cash last month, it spurred rampant speculation that the company was liquidating its assets. But Kmart chairman Edward S. Lampert, the Greenwich When...
Did you know that Sears is considering selling some of its best-known brands--Craftsman, DieHard, Kenmore and Lands' End--through retailers beyond its nearly 3,800 U.S. and Canadian stores? Imagine walking into a Lowe's or Home Depot and seeing Craftsman outdoor power equipment in the OPE section, or going into...
Byline: Jim Henry Billionaire investor Edward Lampert has increased his ownership share of AutoNation Inc., the nation's largest auto dealership group, to 36 percent from about 24 percent a year ago. Industry analysts say Lampert's move appears...
Ford gives employees $1,000 bonus DETROIT - Ford Motor Co. is paying every U.S. and Canadian employee a $1,000 bonus even though the automaker lost $2.7 billion last year. In an e-mail to employees last week, CEO Alan Mulally said that...
HOFFMAN ESTATES, Ill., Feb. 20 /PRNewswire-FirstCall/ -- Sears Holdings Corporation announced today the election of Kevin B. Rollins, 55, former president and chief executive officer of Dell, Inc. and currently a senior adviser to the private investment firm TPG Capital, L.P. formerly Texas Pacific Group, to membership on...
[ILLUSTRATION OMITTED] Aylwin B. Lewis, who made business headlines in 2005 as the first Black president and CEO of Sears Holdings, has stepped down from the helm of the retailing giant and its board of directors, the company recently announced. Lewis, 52, leaves in the wake...
BFS to raise prices up to 8% NASHVILLE, Tenn.-Bridgestone/Firestone BFS will raise prices up to 8 percent on passenger, light truck, medium truck and bus, agricultural and off-the-road tires in the U.S. The price increases will begin...
CHICAGO -- Sears Holdings Corp. abruptly announced the departure of president and chief executive Aylwin B. Lewis onMonday, leaving a management void at the top of the department store chain controlled by Chairman Edward S. Lampert as it tries a high-stakes restructuring to reconnect with customers and reinvigorate slumping sales....
CHICAGO -- Sears Holdings Corp. abruptly announced the departure of president and chief executive Aylwin B. Lewis on Monday, leaving a management void at the top of the department store chain controlled by chairman Edward S. Lampert as it tries a high-stakes restructuring to reconnect with customers and reinvigorate slumping...
Byline: Rick Kranz, Jamie LaReau Stock prices for publicly traded auto dealership groups are taking a pounding, bumping along near 52-week lows. Analysts say that means investors expect the economy - and auto sales - to decline...
The financial world was riveted earlier this year by the bidding war for Equity Office Properties, one of the largest publicly held office building owners. The Blackstone Group ultimately prevailed in the contest, but only after it raised its offer to $23 billion from...
M2 PRESSWIRE-17 May 2007-InvestorInstantMessaging: Citigroup Inc 15 Million Shares SoldC1994-2007 M2 COMMUNICATIONS LTD RDATE:17052007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock...
To: CONSUMER EDITORS Contact: Joy Howell, +1-202-302-5932, or Robert Yule +1-202-588-7703; both of Public Citizen WASHINGTON, April 25 /PRNewswire-USNewswire/ -- Joan Claybrook,president of Public Citizen, today characterized the announcement inInstitutional Investor's Alpha magazine that Edward S. Lampert,founder of hedge fund ESL Investments and chairman of Sears HoldingsCorporation, took home...
Byline: MONEE FIELDS-WHITE Hedge fund manager Edward S. Lampert has proved to investors he can wring profit out of a moribund retailer. Now they want to see how he's going to build Sears Holdings Corp. While store sales have declined, Mr. Lampert,...
Byline: Vicki M. Young NEW YORK - Apparel is definitely holding its own at Sears Holdings Corp. Last Thursday the retailer said fourth-quarter earnings jumped 26.5 percent, beating the consensus earnings per share estimate by 15 cents, boosted by...
Articles 2007-03-05
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