Sears Holdings Corp. on Thursday posted a staggering fourth-quarter loss of $2.4 billion — and chairman Edward S. Lampert made a $629.7 million profit in one day as the retailer’s shares...
February 23, 2012
Sears Posts Loss of $2.4 Billion
Even as the retailer struggled under the huge quarterly loss, shares shot up 18.7 percent as investors focused on turnaround plans.
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