Thursday, January 17, 2013

Investors Ignore These Strong Results

In a surprising turn of events on Monday, Sears Holdings Corporation (NASDAQ: SHLD) investors completely ignored the surprising earnings guidance in favor of the news regarding the CEO leaving. The company reported that earnings would smash the analyst estimates of $0.86, but the market focused more on the replacement of the CEO due to family health issues. The stock plunged 6.4% on Tuesday as investors became concerned that more »


Disclosure: Long SHLD. Please review the disclaimer page for more details. 




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