Eddie Lampert

  • Eddie Lampert, Sears Holdings

    All’s Well At SHLD

    Eddie Lampert lost about $475 million yesterday when shares of his Sears Holdings fell $7.24 to close at $97.48 (now at $96.61), after Bank of America temporarily closed a billion dollar line of credit. Lampert, a close personal friend of DealBreaker, told us that he’s not too worried about the drop, and shareholders shouldn’t be […]

    / Apr 22, 2008 at 12:15 PM
  • Eddie Lampert, Sears Holdings

    Sears Holdings Chair Sees A Lot Of Sears In Previous Perma-Loser Eli Manning

    Oh, man I love sports metaphors. Eddie Lampert do too.

    / Feb 28, 2008 at 3:46 PM
  • Eddie Lampert

    Sears Still Sells Stuff In Stores. Who Knew?

    Sears let everyone in on a secret yesterday: despite its reputation as a hedge fund operating under a tradition retail name, the company is still trying to sell stuff in retail stores. It’s just not doing a very good job of it. Same store sales at Sears stores fell 4%, and same store Kmart fell […]

    / Jul 11, 2007 at 8:51 AM
  • Banks, CEO, CEOs, Citi, Citicorp, Citigroup, Eddie Lampert, Hedge Funds

    Is Rubin Up For Citigroup’s Top Slot?

    Eddie Lampert may be betting that former US Treasury Secretary Robert Rubin is poised to take over as chief of Citigroup, according to a former colleague of both Lampert and Rubin. Earlier this week, Lampert’s ESL Investments disclosed that it had accumulated a 0.3% stake in Citi, setting off speculation about Lampert’s intentions. Speculation ranged […]

    / May 17, 2007 at 2:31 PM
  • Banks, Citigroup, Eddie Lampert

    Eddie Lampert (Hearts) Citigroup

    The big news across the wires this morning was Eddie Lampert picking up 15.24 million shares of Citigroup. Shares of Citi shot higher following the news amidst speculation that Lampert might push to break-up the company. DeaBook quotes one observer who buys the line that Lampert might shake things up at CIti. Mr. Lampert, chairman […]

    / May 16, 2007 at 1:54 PM
  • Eddie Lampert

    Blame Canada Eddie Lampert

    Sears Holdings is attempting to take Sears Canada private at $18/share but some minority shareholders (Hawkeye Capital Management LLC, Knott Partners Management LLC and Pershing Square Capital Management LP, among others) are dissenting. (Pershing thinks it’s worth $41.21- $46.67.) But most vocal is the company’s ex-chairman and CEO, Richard Sharpe, who takes particular aim at […]

    / May 10, 2006 at 9:26 AM

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