One of the selling points when PE firms speak with management of a publicly-traded target is getting away from the quarterly guideposts set by investors and analysts, which is an attractive alternative for companies struggling through a turnaround or trying to undertake a major growth initiative.
In Lampert, Sears does not receive a skilled turnaround CEO or a man immensely familiar with retail.
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If a project is over budget or behind schedule or not performing up to expectations, we will either develop a credible turnaround plan or we will terminate it.
What makes this deal different is that it is not a turnaround or a fixer-upper.
Chances for a turnaround or buyout led by founder Richard Schulze seem reduced this morning.
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We further expect that liquidity could be constrained in 2013 absent a turnaround or substantial asset sales to fund operating losses.
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But in a housing market this volatile, it can be hard to tell when low sales prices on property indicate a market that has bottomed or one with little hope of a turnaround any time soon.
Most towns and cities, rather than giving up on money-losing munis, will first try farming out management to private firms, hoping for a turnaround, or spruce up their courses to prevailing standards.
Hurd may yet try for a turnaround in any or all of the businesses.
Unless they are coming in to an urgent turnaround situation or have a specific mandate for improvement, most managers will therefore wait before making significant changes.
Use the three steps above when watching AONE or any other trending stock poised for a turnaround.
But either it pulls off a quick and dramatic turnaround, or it may eventually have to accept defeat.
Thousands of lofts have either been built or are scheduled to be soon, which is a huge turnaround for a section of LA that had been largely ignored for the past 30 years.
So whether we learn from Marvel, Apple or Hostess, the Jets have their opportunity for a great business franchise turnaround.
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We are seeing a bit of a turnaround in housing, but this may take another year or so, given the data.
You need to share the details of how you came to play such an important role to the organization, how budget was allocated elsewhere (perhaps all labor was unpaid or this was an unusual turnaround situation), and why you stayed in a volunteer capacity rather than seek paid work.
The narrow victory was a big turnaround for the Yellow Jackets, who had lost four league games by five points or less.
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