Money and Finance
- 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...
- Bronte Capital: Sears Holdings Liquidation Sale
The case made below about a liquidation valuation not being the best way to look at Sears because of the large number of employees is similar to the points made by Mohnish Pabrai at the Pabrai Funds Chicago Annual Meeting earlier this year. A good item...
- Eddie Lampert On Long Term Investing (video)
Found via Santangel's Review. Oct. 3 (Bloomberg) -- Billionaire hedge fund manager Edward Lampert, Former U.S. Treasury Secretary Lawrence Summers, and Google Inc. Chairman Eric Schmidt talk about long-term versus short-term investing. ...
- 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...
- The Harder Side Of Sears
In picking a new CFO from the banking industry, hedge-fund manager Eddie Lampert places an emphasis on a finance department driven by hard data and quantititive analysis.-Also of note, Mr. Lampert is buying back a bunch of stock. ...
Money and Finance
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, 48, was prompted by family health matters, the Hoffman Estates, Illinois-based company said yesterday in a statement. Lampert, 50, will take over at the end of the company’s fiscal year on Feb. 2.
- 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...
- Bronte Capital: Sears Holdings Liquidation Sale
The case made below about a liquidation valuation not being the best way to look at Sears because of the large number of employees is similar to the points made by Mohnish Pabrai at the Pabrai Funds Chicago Annual Meeting earlier this year. A good item...
- Eddie Lampert On Long Term Investing (video)
Found via Santangel's Review. Oct. 3 (Bloomberg) -- Billionaire hedge fund manager Edward Lampert, Former U.S. Treasury Secretary Lawrence Summers, and Google Inc. Chairman Eric Schmidt talk about long-term versus short-term investing. ...
- 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...
- The Harder Side Of Sears
In picking a new CFO from the banking industry, hedge-fund manager Eddie Lampert places an emphasis on a finance department driven by hard data and quantititive analysis.-Also of note, Mr. Lampert is buying back a bunch of stock. ...