Pershing Hires Citigroup to Sell Entire JCP Stake

Aug. 27 (Bloomberg) -- Bill Ackman’s Pershing Square Capital Management hired Citigroup to underwrite the sale of its 39.1 million J.C. Penney shares, after reaching an agreement earlier this month to unload its stake. Julie Hyman has more on Bloomberg Television's "Street Smart." (Source: Bloomberg)
HSBC Monitor Finds Bank Slow to Fix U.S. Lapses
28:26 - Bloomberg’s Francine Lacqua reports on today's top news stories on “The Pulse.” (Source: Bloomberg)
  • Nigerian Elections to Have No Impact on Oil: Daly
  • Is an Iran Nuclear Agreement a Bad Deal for Oil?
  • Iran Sanctions Complicate Nuclear Talks at Deadline