Tag archive for ‘Edward Lampert’

Sears Posts $454 Million Third-Quarter Loss as Sales Slump

  Sears Holdings Corporation,   the retailer chain store, run by hedge-fund manager Edward Lampert, posted a $454 million third-quarter loss as its shrinking store base hurt sales. Illinois-based More...

Niva Goldberg On Wednesday, May 6th, 2015

LI’s James Simons’ $1.2 billion earnings put him at No. 2 in 2014 hedge fund ranking

The top 25 hedge fund managers earned $11.6 billion in compensation in 2014, an average of $400 million each, even as hedge funds overall posted a mediocre year. A survey by trade publisher Institutional More...

Clive Minchom On Wednesday, May 14th, 2014

Sears Holdings May Be Putting Subsidiary Sears Canada On The Block For Sale

– – Sears Holdings the giant US retailer, and as American as apple pie seems to be losing the war with its competitors, both brick and mortar and online. Sears Holdings Corporation put out More...

Clive Minchom On Monday, December 16th, 2013

David Tepper’s Flagship Palomino Fund Up 38% YTD

–   – A month ago hedge fund manager Devid Tepper, co-founder of Appaloosa Management, donated US$67 million to his alma mater Carnegie Mellon University. Now Institutional Investor reports More...

Albert Hecht On Tuesday, November 26th, 2013

Edward Lampert’s Plan To Re-Organize Sears Begins To Take Shape

– Lampert had his work cut out to turn the ailing department chain’s fortunes around when he took over the post of CEO earlier this year – now the buck stops with him. – Edward S. “Eddie” More...

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