Wednesday, April 7, 2010 as of 11:14 AM ET
Kmart, sometimes styled as "K-Mart," is a chain of discount stores headquartered in the United States.
Read More at Wikipedia ›Big gun investors John Paulson, Steve Cohen, Anton Schutz and Eddie Lampert all made surprising investment moves this past quarter that investors may want to take note of, according to Wall Street research shop SNL Financial.
While hedge fund manager Paulson ditched financials, we already told you that George Soros is buying them (see Emac's Bottom Line, "Soros Dumps Google and Apple, Buys Banks" )Add Anton Schutz's Mendon Capital to the bulls on the banks, as his shop doubled its JPMorgan (NYSE:JPM) stake in the first quarter. SNL has more detail you won't want to miss:PAULSON CUTS BACK ON U.S. FINANCIALSClosely watched John Paulson is the hedge fund manager famous for making smart bets against the U.S. subprime mortgages in 2007. He's hit a rocky patch, with some of his funds dropping by a third to a half, notably due to investments in gold, which have sunk into the red.And now his fund, Paulson & Co., has taken a big scissor to holdings of U.S.-based financial services stocks in the ...FOX Sports’ Jay Glazer and Dan Kaplan of the Sports Business Journal discuss fines and suspensions handed down by the NFL on the “bounty” scam and the Jets pickup of Tim Tebow.
OfficeMax Inc. (OMX) said Thursday it hired a new merchandising chief who previously led merchandising at another office-supplies company, one that was key to the gr...
Rate Coalition Co-Chair Elaine Kamarck weighs in on the debate over corporate tax reform.
Sears Holdings Corp plans to raise about $770 million spinning off a business of about 1,250 stores and selling some prime real estate, hoping to convince Wall Stree...
Former Office of Management Budget Director David Stockman gives insight on how to improve our countries fiscal standing.
FBN's Robert Gray breaks down the stocks moving the markets.
Sears (NASDAQ:SHLD) revealed on Thursday strategic steps it hopes will improve its ability to pay off debt and reassure investors, sending its shares up sharply.The ...
Sears Holdings Corp. , parent company of the Sears department stores and the Kmart discount chain, is cutting 100 jobs at its Hoffman Estates, Ill., headquarters. Th...
Sportscorp Limited President Marc Ganis breaks down who will have the biggest earning potential after the Super Bowl.
Wesfarmers Ltd. (WES.AU) said Thursday sales at its Coles supermarket chain rose 6.7% in the second quarter as it challenges rival Woolworths Ltd. (WOW.AU) for domin...
Wesfarmers Ltd. (WES.AU) said Thursday total sales at its Coles supermarket chain for the second quarter were up 6.7% as it challenges rival Woolworths Ltd. (WOW.AU)...
CIT Group Inc (NYSE:CIT) will again stop providing loans to suppliers of Sears Holdings Corp (NASDAQ:SHLD) after Tuesday as the business lender awaits more informati...
Sears Holdings Corp said on Thursday it plans to spin off a large part of its stake in its Canada unit, which has struggled with weak sales and dragged down overall ...
Sears Holdings Corp. shares jumped 13% after the parent of Sears and Kmart said it expected to swing to first-quarter earnings from continuing operations of $1.46 to...
Embattled retailer Sears Holdings (NASDAQ:SHLD) said on Tuesday it anticipates posting a first-quarter operating profit later this month as the sale of underperformi...
Sears Holdings Corp., the Hoffman Estates, Ill., retailer, estimated its first-quarter earnings from continuing operations at $1.46 to $1.84 a share. The numbers ref...
Euro Pacific senior economic consultant John Browne sounds off on the Fed.
Erin Verbeck talks about how to change your marketing to get more clients.
Sears Holdings Corp. (SHLD) has hired an executive from Sony Corp. (6758.TO) to try to restore luster to its flagging home appliances business.Sears, which has been ...