Ackman Still Supports a Suffering J.C. Penney

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June 19 (Bloomberg) -- Pershing Square founder Bill Ackman says in a telephone interview with Bloomberg today, “I 100% believe in the strategy” of J.C. Penney and that he is "very comfortable’’ with CEO Ron Johnson handling marketing. Sheila Dharmarajan and Mark Crumpton investigate what's going on with J.C. Penney's stock on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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