Herb Greenberg at MarketWatch wrote a column that will be stirring some of the Sears Holdings (NASDAQ: SHLD) shareholders and true believers. He has named Chairman Eddie Lampert as the worst CEO…
Douglas A. McIntyre Over 50% of holiday shoppers are wandering through malls baiting retailers. They are saying "We are here, but we ain’t buying yet." Reuters writes that consumer-behavior marketing firm America’s Research Group found…
Cato Corp (CTR) Drop in Q3 numbers and poor guidance for Q4. Falls to $14.45 from 52-week high of $25.66. Mens Wearhouse (MW) Emperor has no cloths. Bad earnings. Drops to $33.62…
According to Thomson/First Call, five analysts who cover Sears Holdings (SHLD) have a median price target on the company of $147. Their mean price target is $152.40. After poor earnings, Sears should…
Douglas A. McIntyre There is no crying in baseball or whining in big business. Sears CEO Aylwin Lewis said, regarding the company’s 99% drop in earnings in the last quarter: "We are very disappointed in…
Sears Holdings (SHLD) reported net income of $2 million, or $0.01 per diluted share, for the third quarter ended November 3, 2007, compared with net income of $196 million, or $1.27 per…
Douglas A. McIntyre Circuit City (CC) has been a dog of a stock for months. But, this morning the shares jumped to over $7 after running up Friday from a low of $5.57. But, the…
Sears (SHLD) has offered $6.75 a share for small retailer Restoration Hardware (RSTO). Given the headaches that Sears has, it is amazing the the company would take the time and effort to…
Douglas A. McIntyre According to MarketWatch, big retailer Sears (SHLD) has bought 5.3 million shares of specialty shop manager Restoration Hardwas (RSTO) Sears picked up the shares for $30.2 million. RSTO is up 18% after…
Douglas A. McIntyre According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares in Cisco (CSCO) were driven down on concerns that orders from the…
In Barron’s semi-annual Big Money Poll, institutional investors are asked about their two favorite stocks and also which shares are most overvalued. For the latest poll, 112 money managers responded. On the…
Sears Holdings Corp. (NASDAQ:SHLD) enjoyed a meteoric rise from 2003 to 2005, but now the company is facing the dead money status for investors after recently hitting near-term lows. Eddie Lampert knows…
Reuters writes that The Center for Environmental Health has been surveying toys sold by a number of retailers and has found Curious George dolls, back-packs and lunch boxes with excessive amounts of…
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices.…
According to Reuters, RIM (RIMM) posted strong earnings and added it 10 millionth subscriber. Reuters writes that Wal-Mart (WMT) is already getting ready for holiday price wars by beginning to drop prices.…
