Tag archive for ‘ESL’
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...

Tibi Singer On Tuesday, October 21st, 2014

CEO Eddie Lampert Bailing Out Sears Yet Again, Calming Suppliers in Holiday Season

Sears Holdings Corp (SHLD.O) will raise $625 million through an unsecured loan and equity warrants—its third fundraising in a month—in an attempt to calm suppliers’ anxiety going into the holiday season, 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 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...

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