Money and Finance
- Eddie Lampert: Turnarounds And Transformations
Link to: Turnarounds and TransformationsAt Sears Holdings’ annual stockholders meeting this week, we talked a lot about the difference between turnarounds and transformations. I want to share some of those thoughts here. Turnarounds happen when...
- Eddie Lampert's Letter To Sears Shareholders
Link to: Eddie Lampert's Letter to Sears ShareholdersI am writing to you after my first full year serving as both your Chairman and Chief Executive Officer. While our financial results remain challenged, 2013 may have been the year that justifies...
- At Sears, Eddie Lampert's Warring Divisions Model Adds To The Troubles
Every year the presidents of Sears Holdings’ (SHLD) many business units trudge across the company’s sprawling headquarters in Hoffman Estates, Ill., to a conference room in Building B, where they ask Eddie Lampert for money. The leaders have made...
- Sears Says Lampert To Take Over As Ceo
Sears Holdings Corp. (SHLD) said Lou D’Ambrosio is stepping down as chief executive officer and Chairman Edward Lampert will take over the job as the billionaire hedge fund manager works to revive the retailer. The sudden departure of D’Ambrosio,...
- A Bargain Hunter Stands Tall
KIPLINGER'S: What were you doing as the markets gyrated so dramatically in the fall?- BERKOWITZ: Although the fall in stock prices hurt our performance, it has been a blessing. We've been buying companies at prices that even when I was in my most...
Money and Finance
A Storied Name on Sale?
Likewise, Sears' business is getting short shrift, as some of Lampert's restructuring efforts are likely to bear fruit. Too, the retailer's real estate has considerable value that is not reflected in the stock. Add up this real estate, valuable brands like Kenmore and Craftsman, and Sears' huge appliance and home-remodeling business, and the company could have a liquidation value of more than $300 a share.
-
--------------------
There is also an interesting Value Investors Club write-up on Sears (will need to have or sign up for a free guest account) HERE.
- Eddie Lampert: Turnarounds And Transformations
Link to: Turnarounds and TransformationsAt Sears Holdings’ annual stockholders meeting this week, we talked a lot about the difference between turnarounds and transformations. I want to share some of those thoughts here. Turnarounds happen when...
- Eddie Lampert's Letter To Sears Shareholders
Link to: Eddie Lampert's Letter to Sears ShareholdersI am writing to you after my first full year serving as both your Chairman and Chief Executive Officer. While our financial results remain challenged, 2013 may have been the year that justifies...
- At Sears, Eddie Lampert's Warring Divisions Model Adds To The Troubles
Every year the presidents of Sears Holdings’ (SHLD) many business units trudge across the company’s sprawling headquarters in Hoffman Estates, Ill., to a conference room in Building B, where they ask Eddie Lampert for money. The leaders have made...
- Sears Says Lampert To Take Over As Ceo
Sears Holdings Corp. (SHLD) said Lou D’Ambrosio is stepping down as chief executive officer and Chairman Edward Lampert will take over the job as the billionaire hedge fund manager works to revive the retailer. The sudden departure of D’Ambrosio,...
- A Bargain Hunter Stands Tall
KIPLINGER'S: What were you doing as the markets gyrated so dramatically in the fall?- BERKOWITZ: Although the fall in stock prices hurt our performance, it has been a blessing. We've been buying companies at prices that even when I was in my most...