Tag archive for ‘ESL Investments’
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...

Vered Weiss On Thursday, October 23rd, 2014

Eddie Lampert Gives Sears Another Cash Infusion

An iconic brand that seems like it is on its last legs is going to get a cash infusion by its CEO Eddie Lampert to raise liquidity ahead of the holiday season, as reported by CFO. Lampert’s hedge fund More...

Vered Weiss On Sunday, September 21st, 2014

Bruce Berkowitz May Help Eddie Lampert Bail Out Sears

–   Sears Holdings (SHLD) has certainly seen better days, and now the lagging company needs to be propped up with a short-term loan from CEO Eddie Lampert’s ESL Investments. Bruce Berkowitz More...

Vered Weiss On Wednesday, September 17th, 2014

Eddie Lampert Attempts to Save Sears with Cash Infusion

According to Fitch, which gave Sears Holdings a CC rating recently, stated the company had a high probability of default, the classic retailer may be on its last legs and isn’t likely to be around More...

Clive Minchom On Saturday, December 7th, 2013

Edward Lampert’s Sears Holdings Spinning Off Lands’ End Clothing Unit

–    Edward Lampert / Getty – Sears Holdings Corporation announced yesterday that it had filed a registration statement with the Securities and Exchange Commission (SEC) for the spin-off of its 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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