Article updated: 1/8/2013 4:30 PM

Sears shares fall day after shake up

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Shares of Sears Holdings fell Tuesday, a day after the retailer announced that chairman and hedge fund billionaire Edward Lampert will take over the role of CEO.

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Shares of Sears Holdings Corp. fell Tuesday, a day after the retailer announced that chairman and hedge fund billionaire Edward Lampert will take over the role of CEO. The investor queasiness came even as the Hoffman Estates-based company offered an update on holiday sales that showed some improvements at its Sears stores.