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 major averages began the new trading week on a slightly lower note with small caps leading the weakness. The Russell 2000 shed 0.3% while the S&P 500 slipped less than a point with six sectors ending in the red.
Equity indices began the day in negative territory with only the Nasdaq (-0.04%) making a very brief appearance in the green. After sliding through the first hour of action, the major averages reversed and spent the remainder of the session climbing off ... More
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