Finance Discussion Board

Sears (SHC) looses $412 million in Third Quarter

stv — Fri, 03 Feb 2012 22:42:20 GMT

Our store (sears) at oakview is at 144 st, 3 major stores anchor the mall, the Feb foot traiific is slow, we DO have a nice mild winter so clothes are deeply discounted, one major men's store has long sleeve sportwear for $9.75 org $60.00 deep discounts going on. !

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Fri, 03 Feb 2012 11:56:50 GMT

It seems like SHC (Fast Eddie) may not have been paying the pension fund what they (he) should,

http://www.cnbc.com/id/46244551?__source=yahoo|headline|quote|text|&par=yahoo

of course with that article we do not know what figure was used for the Market Cap to arrive at the 43% shortfall.

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Tue, 24 Jan 2012 14:04:21 GMT

How much would Sears have to pay in taxes if it posted a profit during every quarter of each year?

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Tue, 24 Jan 2012 11:38:41 GMT

Interesting note from Reuters, KCD notes downgraded by Moody's : - http://www.reuters.com/article/2012/01/24/markets-ratings-kcdipllc-idUSWNA850320120124?feedType=RSS&feedName=marketsNews&rpc=43

KCD = Kenmore, Craftsman Diehard

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Mon, 23 Jan 2012 20:31:00 GMT

Hey, no problem.....I wasn't trying to be difficult on you.......can't wait to see the results.

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Mon, 23 Jan 2012 20:26:19 GMT

Sorry about that, it was supposed to be in response to your query of today asking when the fourth quarter results were supposed to be posted.

Humble apologies, please forgive!

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Mon, 23 Jan 2012 18:06:28 GMT

Hey IQMind! With all the confusion, may I ask what will be on Feb 23, 2012?

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Mon, 23 Jan 2012 17:52:54 GMT

Civsci said…

Stock is almost at $55 right now.

Eddie acquired $12 mil in new stock when it was at $29.20, just a week ago.

Edit: So I was briefly looking at the ticker and saw it jump 33 cents in less than a minute.

It is falling now, a gnats hair under $51.00 as I startd to type this. Perhaps the 'bounce' is over, perhaps all the 'shorts' are now covered, volume over the last few trading sessions has been very heavy. However who really knows?

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Mon, 23 Jan 2012 17:49:49 GMT

I saw somewhere that it was supposed o be 23rd February.

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Mon, 23 Jan 2012 17:16:17 GMT

The stock market is a cruel place. You never know what is going to happen. Is Sears going to be run a different way now since you say Lampert has about 411,000 shares of stock? Does Lampert buy and sell stocks without any direct involvement?

Sears (SHC) looses $412 million in Third Quarter

Civsci — Mon, 23 Jan 2012 16:49:15 GMT

Stock is almost at $55 right now.

Eddie acquired $12 mil in new stock when it was at $29.20, just a week ago.

Edit: So I was briefly looking at the ticker and saw it jump 33 cents in less than a minute.

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Fri, 20 Jan 2012 20:01:57 GMT

Hey, when will the 4th quarter results be in? How do you operate a huge company at a loss without it resulting in a disaster? Hmmm...is there stock involved?

Sears (SHC) looses $412 million in Third Quarter

RJFsearsHAS — Fri, 20 Jan 2012 19:56:22 GMT

Just a wild guess, but I have a hunch Eddie and his boys acquired some more.

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Fri, 20 Jan 2012 19:32:12 GMT

You and I both!.

We have not heard much from you lately.

Let us keep stirring the pot!

Sears (SHC) looses $412 million in Third Quarter

RJFsearsHAS — Fri, 20 Jan 2012 19:28:21 GMT

I wonder who bought the stock recently?

Sears (SHC) looses $412 million in Third Quarter

GardenTractorMan — Fri, 20 Jan 2012 19:02:23 GMT

I don't think stock is worth buying. Are any of you extremely knowledgeable as to how to make money in the stock market. A lot of people get fooled into buyin into it and lose money.

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Fri, 20 Jan 2012 18:06:48 GMT

SHC stock now at $49.00+, wish I had bought some a few days ago at at just below $30.00, very nice ROI should you have been lucky enough. Big question still is though, "will the recovery continue?".

Sears (SHC) looses $412 million in Third Quarter

ServiceLocally — Sat, 07 Jan 2012 23:15:53 GMT

It looks like the guy responsible for the Kardashian Kalamity is no longer at SHC. HUMMM? I wonder why?

I wonder how much he walked away with?

Sears (SHC) looses $412 million in Third Quarter

ServiceLocally — Sat, 07 Jan 2012 00:42:58 GMT

Has this been posted here yet? Hehehe! Just another thing to do badly.

http://www.searsholdings.com/pubrel/pressOne.jsp?id=s16310_item101910

Sears (SHC) looses $412 million in Third Quarter

inquisitivemind — Fri, 06 Jan 2012 21:46:24 GMT

Civsci said…
Because SHC cost controls by buying limited inventory and ordering when needed. The stock is still at about a 50% profit to when ESL bought the majority of the original stock.

To have purchased the stock at about $20.00, to give the 50% you claim, the stock would have had to be purchased in 2002/03, that is 9-10 years ago. A very slow rate of growth in my opinion. I acknowledge this takes no account of the dividends paid.