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 finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).
Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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