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

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

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.”

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