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J.C. Penney (JCP +1.9%) puts a damper on the mini-rally in its own shares by telling Bloomberg...

J.C. Penney (JCP +1.9%) puts a damper on the mini-rally in its own shares by telling Bloomberg that CEO Ron Johnson has "no plans" to leave the company. Cynics like John Carney wonder if the board just floated a trial balloon to see what shares would be without RJ at the rudder?
Comments (4)
  • KnowsALot
    , contributor
    Comments (35) | Send Message
     
    One can always still hope & pray!
    12 Mar 2013, 11:14 AM Reply Like
  • modanco
    , contributor
    Comments (36) | Send Message
     
    "...if the board just floated a trial balloon to see what shares would be without RJ at the rudder."

     

    It's discusting how this Board of Directors can just play around with a company and people's money. Idiots!!
    12 Mar 2013, 12:04 PM Reply Like
  • JCPonderings.weebly.com
    , contributor
    Comments (45) | Send Message
     
    This only further confirms my new belief that Wall Street types are complete idiots.
    12 Mar 2013, 03:27 PM Reply Like
  • LibertyCampaign
    , contributor
    Comments (506) | Send Message
     
    Well I guess he knows now! Better start packing RJ?
    13 Mar 2013, 01:08 AM Reply Like
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