J.C. Penney Posts Lowest Annual Revenue Since 1987

Feb. 27 (Bloomberg) -- J.C. Penney said its fourth-quarter net loss widened to $552 million as CEO Ron Johnson’s turnaround plans falter. Sheila Dharmarajan reports on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
China Is Trying to Create a Wealth Effect: Armstrong
56:37 - Plurimi Investment Managers Co-head and CIO Patrick Armstrong discusses the oil market, China’s stock market and the U.S. economy. He speaks to Bloomberg’s Anna Edwards on “Countdown.” (Source: Bloomberg)
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