Sears (SHLD) Customers Hybernate, Buy-Back Eats Cash
Sears (SHLD) spent all of its money on stock buy-backs, which leaves it low on cash. Sears reported net income of $426 million, or $3.17 per diluted share, for the fourth quarter…
Sears (SHLD) spent all of its money on stock buy-backs, which leaves it low on cash. Sears reported net income of $426 million, or $3.17 per diluted share, for the fourth quarter…
Sears Holdings Corp. (NASDAQ: SHLD) is set to report earnings on Thursday morning. First Call has estimates pegged at $3.10 EPS on $15.26 Billion in revenues. Next quarter estimates are $0.36 EPS…
Is Sears (SHLD) getting a little low on cash? A bunch of analysts think so. The cash balance that Sears showed in its last financial statement was a bit light. According to…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
Alliance Data Systems (ADS) was informed by Blackstone that conditions likely won’t be satisfied to complete the merger; stock trading down close to 40%.American Express (AXP) reports earnings today with estimates at…
Sears (SHLD) controlling shareholder Eddie Lampert has no one but himself to blame for the disaster created by putting together two weak retailers, Sears and K-Mart, to try to make on strong…
Sears (SHLD) has begun to hire some heavy hitters to run its online operations. Since the company does not do a very good job of selling merchandise in its stores, perhaps it…
According to Reuters, Apple’s (AAPL) forecast for its next quarter disappointed Wall St. sending shares down 13%. Reuters writes that Texas Instruments (TXN) posted higher profits. Reuters reports that Big Oil’s rally…
Eddie Lambert has been a bust as a retailer. He may be fine at running a hedge fund, but due to his large holding in Sears (SHLD), that distinction may be shaky…
These are not the only key analyst calls that may impact stocks this Monday, but these are the ones that 24/7 Wall St. is focusing on: Affiliated Computer (ACS) raised to Buy…
Sears (SHLD) did worse than it had hoped at the end of last year and does not have cash for its share buyback. SHLD said domestic comparable store sales for the nine-week…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
In a slowing retail environment, Macy’s (NYSE: M) has decided it’s time to close some stores. This may not sound like a great ‘growth strategy’ for a retailer, but some companies reach…
When we see a blow-up at Tuesday Morning (NASDAQ:TUES) to the tune of this much, we look at other stores. The truth is that Tuesday Morning is still a clearance center stock…
comScore today released data that shows households with incomes under $50,000 are not lifting their online spending much from the holiday season last year. Sales from this demographic group are up only…