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Volcker, others clash on speculative trading rule

scgadmin — Tue, 14 Feb 2012 04:08:27 +0000

Former Federal Reserve Chairman Paul Volcker is expected Monday to submit a comment letter on a controversial proposal to rein in proprietary trading that bears his name

Paul B. Farrell: Doomsday Capitalists’ winning strategy

scgadmin — Tue, 07 Feb 2012 23:03:33 +0000

Doomsday Capitalists know how to get rich by playing the short-term stock market and ignoring long-term warnings of a global economic collapse. How? They have a secret weapon, a Doomsday Capitalists Winning Strategy.

Earnings Watch: Updates, advisories and surprises

scgadmin — Thu, 02 Feb 2012 08:57:26 +0000

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

Commodities Corner: Natural-gas output cuts grow as prices languish

scgadmin — Sat, 28 Jan 2012 00:24:38 +0000

Natural-gas producers have been announcing reductions to output levels lately, and that could be the start of a new trend that helps rejuvenate the fuel’s prices, which have languished at unprofitable levels for many producers.

3 real reasons for Google stock drop

scgadmin — Mon, 23 Jan 2012 21:46:51 +0000

Shares of Google (GOOG) lost about 8% after earnings miss.

US Silica sees 11.8m-share IPO pricing at $16-$18

scgadmin — Tue, 17 Jan 2012 18:43:57 +0000

U.S. Silica Holdings Inc. unveiled estimated terms of its initial public offering, saying it expects to price 11.8 million shares at $16 to $18 each. The sand mining company is offering 2.94 million shares while the rest are being offered by stockholders. U.S. Silica filed plans in July for an IPO valued at up to $200 million, looking to expand production of a material increasingly used in oil and gas production.

Sears taps ex-Brookstone CEO to lead merchandising

scgadmin — Wed, 04 Jan 2012 07:59:49 +0000

Sears Holdings Corp. SHLD hired Ron Boire, the former president and chief executive of Brookstone Inc., to lead its lead merchandising and retail stores for both the Sears and Kmart brands. Boire’s appointment as chief merchandising officer and president of the Sears and Kmart formats comes as the struggling retailer announced last week that its same-store sales were down 5.

Sears hires ex-Brookstone exec for merchandising

scgadmin — Wed, 04 Jan 2012 07:59:49 +0000

(Adds details from Brookstone in the eighth through 10th paragraphs.) Sears Holdings Corp. SHLD hired Ron Boire, the former president and chief executive of Brookstone Inc., to lead its merchandising and retail stores for both the Sears and Kmart brands. Boire’s appointment as chief merchandising officer and president of the Sears and Kmart formats comes as the struggling retailer announced last week that its same-store sales were down 5.

MarketWatch First Take: New blood, big job at Sears

scgadmin — Wed, 04 Jan 2012 07:59:49 +0000

Ron Boire will be tasked with helping to turn around a more than 100-year-old retailing brand as well as a massive discounting chain, both of which have been struggling with weak merchandising, slumping sales and consumer disinterest, writes Angela Moore.

Sears taps retail veteran to oversee merchandising

scgadmin — Wed, 04 Jan 2012 07:59:48 +0000

Sears Holdings Corp., struggling with declining sales, names Ron Boire, retail industry veteran and former president of Brookstone, to a new position to oversee merchandising at both its namesake department store and Kmart discount chains.