J.C. Penney Is Probably Going Bankrupt: Davidowitz
Nov. 20 (Bloomberg) -- Howard Davidowitz, chairman at Davidowitz & Associates, discusses why he believes J.C. Penney needs to file for bankruptcy protection to survive. He speaks on Bloomberg Television’s “Bloomberg Surveillance."
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China Begins Privatization Push
51:55 - China is continuing to overhaul its bloated state-owned enterprise sector with a share sale at its second largest mobile carrier. Tech leaders Tencent and Alibaba are among those buying the 35% stake in China Unicom. Bloomberg's Stephen Engle and Tom Mackenzie report on "Bloomberg Markets: Asia." (Source: Bloomberg)