Sitt Says J.C. Penney Has to Consider Going Private

April 9 (Bloomberg) -- Joseph Sitt, founder and chief executive officer of Thor Equities LLC, talks about the ouster of J.C. Penney & Co. Chief Executive Officer Ron Johnson, the reinstatement of his predecessor Myron Ullman III and the outlook for the retail industry. Sitt speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
22:25 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
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