ADVFN - Advanced Financial Network.
HOME» NASDAQ » S » SHLD Stock Price » SHLD Stock News

Sears Share News

 Sears Holdings (mm) Stock Price
SHLD Stock Price
 Sears Holdings (mm) Stock Chart
SHLD Stock Chart
 Sears Holdings (mm) Stock News
SHLD Stock News
 Sears Holdings (mm) Company Information
SHLD Company Information
 Sears Holdings (mm) Stock Trades
SHLD Stock Trades

Lampert Reports Little Change in Sears Stake, No Cisco, Wells Fargo Stakes

By Steven D. Jones DOW JONES NEWSWIRES Hedge fund billionaire and Sears Holding Corp. (SHLD) Chairman Edward Lampert's RBS Partners reported a modest reduction in his stake in the department store company, as well as no longer holding shares of Cisco Systems Inc. (CSCO) or Wells Fargo & Co. (WFC). RBS, known for large bets on the stocks of a small number of companies, reported its holding of Sears shares had dropped by 148,600 shares, or 0.3%. RBS Partners held slightly more than 48 million shares in Sears at year end, down from 48.2 million reported in the third quarter. Overall, the value of stocks reported by RBS Partners fell to $5.7 billion, from $9.1 billion three months earlier. The change in RBS's holdings was reported in a Securities and Exchange Commission filing on Tuesday. Many investors who manage more than $100 million are required to disclose most securities holdings within a month and a half of the end of a quarter. The filings, known as 13-Fs, give the public a relatively fresh look at the portfolios of well-known investors. The biggest change to Lampert's portfolio since the September report was the absence of holdings of Cisco and Wells Fargo. Three months earlier Lampert reported holding 7.5 million shares of Cisco and 4.6 million shares of Wells Fargo. Lampert holds large positions in Sears, AutoNation Inc. (AN) and Gap Inc. (GPS). He reported reduced stakes of AutoZone Inc. (AZO), Seagate Technology Inc. (STX) and Capital One Financial Corp. (COF). The hedge-fund manager created Sears Holding in 2005 by merging Sears and Kmart. Sears shares were unchanged in after-hours trading after moving up 3.3% to $48.77 during the regular session. Lampert, who serves as Sears chairman and whose investment company controls Sears, has closed 171 full-size Sears stores since the merger and his Web initiatives and branding ventures have failed to make up for the revenue losses of its shrinking store empire. -By Steven D. Jones, Dow Jones Newswires, 360-834-1865,

Stock News for Sears (SHLD)
10/09/201510:00:00Sears Holdings Names New President To Lead Home Services Business
10/07/201516:44:58Statement of Changes in Beneficial Ownership (4)
10/07/201512:10:00Urban Outfitters to End On-Call Scheduling in New York
10/06/201509:00:00New Kenmore PRO® Kitchen Appliance Suite Delivers Luxury Performance...
10/02/201517:24:39Statement of Changes in Beneficial Ownership (4)
10/01/201508:33:05Amended Statement of Beneficial Ownership (sc 13d/a)
09/29/201516:34:51Statement of Changes in Beneficial Ownership (4)
09/24/201517:37:55Statement of Changes in Beneficial Ownership (4)
09/21/201509:00:00Sears Holdings Names New President To Lead Fulfillment
09/16/201519:34:38Statement of Changes in Beneficial Ownership (4)
09/15/201518:17:12Statement of Changes in Beneficial Ownership (4)
09/15/201514:46:35Confidential Treatment Order (ct Order)
09/15/201514:01:00Sears Holdings Names Tom Park As President Of Kenmore, Craftsman...
09/15/201509:00:00Kmart® Reveals Fab 15 Toys List, Creates First-Ever Kid Toy...
09/10/201518:02:08Statement of Changes in Beneficial Ownership (4)
09/10/201510:40:00Santa's Helper Kmart® Brings Back No Money Down Layaway; Introduces...
09/08/201506:02:56Current Report Filing (8-k)
09/04/201518:00:00Sears Holdings Enters Into Plan Protection Arrangement With PBGC
09/04/201516:29:54Statement of Changes in Beneficial Ownership (4)
09/04/201508:00:00Sears Hometown and Outlet Profit Plunges

Sears and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations