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)

"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
33:56 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)
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