J.C. Penney `Circling Drain for Years’: McDonald

Sept. 27 (Bloomberg) -- Richard Clarida, global strategic advisor at Pimco and Duff McDonald, author of “The Firm,” talk about J.C. Penney offering 84 million shares for sale in order to boost holiday inventory. They speak on Bloomberg Television’s “Bloomberg Surveillance.”

Oil Producers Suffers as Prices, Refining Sink Profits
23:44 - The oil industry is seeing the impact of lower prices in earnings reports as BP saw a 45 percent reduction in earnings while Shell fell $1 billion short of profit estimates. Bloomberg's Tina Davis reports on "Bloomberg ‹GO›." (Source: Bloomberg)
  • Facebook Data: The Secret to Mobile Ad Dominance
  • Alan Greenspan: 'Nervous' Bond Prices Are Too High
  • Stagflation as the Next Concern for Global Markets