Sears (NASDAQ:SHLD) is a mess, but in his annual letter to shareholders today, Chairman Eddie Lampert compared the company with Apple.
Toward the bottom of the rambling, 21-page letter, which includes concessions of “missteps,” Lampert launches into a discussion of Apple and Microsoft (NASDAQ:MSFT): how one (Microsoft) buys back stock and the other (Apple) doesn’t. (Sears is the poster child for share repurchases.)
As a result of share buybacks, he says, Microsoft’s market cap lags Apple's (NASDAQ:AAPL).
“The point is that the attention some have placed on overall market value rather than per share value is misplaced from the vantage point of an investor in a company, “he says. “Sheer size may make for interesting headlines, but it may distract from doing the optimal things for shareholders of a business.”
Full Story
Thursday, February 24, 2011
Sears (NASDAQ:SHLD) Share Buybacks Hurting Company Market Value?
Labels:
Sears Holdings
Subscribe to:
Post Comments (Atom)
20 comments:
buy tramadol online tramadol for dogs diarrhea - illegal order tramadol online
xanax online xanax lower blood pressure - xanax overdose dosage
buy tramadol online buy tramadol online for dogs - tramadol hcl-acetaminophen zen
order xanax alprazolam 2mg generic xanax - buy xanax no prescription needed
xanax mg xanax overdose lethal - signs drug abuse xanax
buy tramadol online tramadol 100 mg lp - buy tramadol extended release
xanax klonopin xanax high - xanax xr withdrawal side effects
tramadol online buy tramadol online usa - tramadol hcl ingredients
buy tramadol online no prescription cheap tramadol veterinary - tramadol buy no prescription usa
buy carisoprodol carisoprodol or soma - carisoprodol soma compound
buy tramadol online tramadol 200 - where to buy tramadol for dogs
buy xanax online forum buy herbal xanax online - s 90 3 xanax bars
buy tramadol online tramadol 100 mg overdose - tramadol for dogs no prescription
buy cialis online generic cialis super active reviews - cialis online united states
cialis professional buy cialis in usa - cialis online au
cheapest xanax xanax withdrawal days - what is xanax generic name
cialis online pharmacy best price cialis - buy real cialis online
online xanax no prescription what is generic name for xanax - xanax drug interactions ambien
cialis online cialis user reviews - can you buy cialis over the counter
buy tramadol tablets buy tramadol valium online - tramadol uss ship no prescription
Post a Comment