7 companies on the ropes in 2012
A sputtering economy makes the coming year that much tougher for companies struggling with changing technologies, fickle consumers and their own mistakes. Consider the plights of Sears, Barnes & Noble and these others.
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Kenmore sucks now anyhow. Just bought a new Kenmore washer a little over a year ago and thought it had a two year warranty. The thing breaks like a week ago through no fault of our own. A little plastic piece broke apart. It controlled the door that controlled the washer. Well I called sears they tell me its 200 bucks to fix because my warranty went out. I'm like what I thought all appliances there had a two year warranty the lady says no and that its general wear and tear so I will be billed for repairs. I kept trying to explain its a design error but the lady would not listen. She even asked me if I went to college for machines, because I'm a female she didn't expect it when I said yes I'm a mechanic. I got the part myself in the end and fixed it. The hastle and the assumption that I'm just a little housewife that doesn't know a thing about machines by customer service has made me think twice about ever using sears again. I wonder how many other people they have been screwing. Sears is selling of shotty appliances beware. Oh and our Sears lawnmower broke last year I repaired it myself but its not right for it to break after only owning it a couple of months.
Oh and I wrote them on my experience and never got a reply I feel like I dated a jerk and he didn't call. HAHA
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[BRIEFING.COM] The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%.
To get a better feel for what led to today's retreat, we'd like to look back to Wednesday, when the market had ample reason to rally, but did not. Instead, it ended basically flat after a sloppy day of ... More
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