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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (92436)1/8/2009 2:05:15 PM
From: Sr K  Read Replies (1) of 116555
 
Sears Holdings pops 21% on lower sales, higher Q4 profit outlook (but still down from a year earlier).

"Kmart began operating its footwear department on January 1, 2009. Prior to that time, Kmart's footwear department was operated as a licensed business by another party.

Also during the fourth quarter, we repurchased 2.9 million common shares at a total cost of $119 million (or $40.82 per share) under our share repurchase program."
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