Microsoft . We have all of that and more tonight on nightly Business Report for friday, september 27th. Good evening, everyone. Its cleanup in aisle 6. Thats because it has been a mess of a week for the retailer, jcpenney. Worst week ever for its shares, down 30 . The Department Store has prospered for more than a century, through the great depression, to world wars, the Online Shopping revolution, but now penneys is in a fight to survive. Samestore sales down eight quarters in a row. A savior brought in and then kicked out. His turnaround plan an unmitigated flop. Then a new boss, the old boss, and yesterday a plan to save cash so they can get through the holidays and into next year. Still, the company is resolute, launching new boutique shops within its stores today. Court reagan has more. Reporter its been a long week for jcpenney shareholders. The beleaguered Department Stores stock price fluctuating in both directions. Ultimately, the stock posts its worst week ever. Late thursday
So far. But the critical Fourth Quarter begins next week and uncertainties abound. Whats next for the markets and your money. And microsoft man. Could the boss at ford be the right person to turn around microsoft . We have all of that and more tonight on nightly Business Report for friday, september 27th. Good evening, everyone. Its cleanup in aisle 6. Thats because it has been a mess of a week for the retailer, jcpenney. Worst week ever for its shares, down 30 . The Department Store has prospered for more than a century, through the great depression, to world wars, the Online Shopping revolution, but now penneys is in a fight to survive. Samestore sales down eight quarters in a row. A savior brought in and then kicked out. His turnaround plan an unmitigated flop. Then a new boss, the old boss, and yesterday a plan to save cash so they can get through the holidays and into next year. Still, the company is resolute, launching new boutique shops within its stores today. Court reagan has
Microsoft . We have all of that and more tonight on nightly Business Report for friday, september 27th. Good evening, everyone. Its cleanup in aisle 6. Thats because it has been a mess of a week for the retailer, jcpenney. Worst week ever for its shares, down 30 . The Department Store has prospered for more than a century, through the great depression, to world wars, the Online Shopping revolution, but now penneys is in a fight to survive. Samestore sales down eight quarters in a row. A savior brought in and then kicked out. His turnaround plan an unmitigated flop. Then a new boss, the old boss, and yesterday a plan to save cash so they can get through the holidays and into next year. Still, the company is resolute, launching new boutique shops within its stores today. Court reagan has more. Reporter its been a long week for jcpenney shareholders. The beleaguered Department Stores stock price fluctuating in both directions. Ultimately, the stock posts its worst week ever. Late thursday
Whats next for the markets and your money. And microsoft man. Could the boss at ford be the right person to turn around microsoft . We have all of that and more tonight on nightly Business Report for friday, september 27th. Good evening, everyone. Its cleanup in aisle 6. Thats because it has been a mess of a week for the retailer, jcpenney. Worst week ever for its shares, down 30 . The Department Store has prospered for more than a century, through the great depression, to world wars, the Online Shopping revolution, but now penneys is in a fight to survive. Samestore sales down eight quarters in a row. A savior brought in and then kicked out. His turnaround plan an unmitigated flop. Then a new boss, the old boss, and yesterday a plan to save cash so they can get through the holidays and into next year. Still, the company is resolute, launching new boutique shops within its stores today. Court reagan has more. Reporter its been a long week for jcpenney shareholders. The beleaguered Depa
Next two weeks or so. What are you expecting . When you look at what happened in the second quarter, most, if not all of the earnings gains, came from the financials. Now, with the mortgage refinancing boom having largely plaid out, with financials really starting to come under pressure from a regulatory perspective, jpmorgan is a good example of that, our financial is going to come to the rescue again. I have my doubts. And when you look at the expectations of earnings growth, we were less or about double what we actually saw in the second quarter. Im not sure thats what were going to see. And i think disappointment is quite possible. So, brad, if i buy your thesis here, and ive had a pretty good year so far, im up about 20 in the s p, and lets say i have a balanced portfolio, 60 stocks 40 bonds, what i should be doing now. How can i protect my profits and still leave room for more, if theres more to come . The answer really is strategy diversification. Not only in the equities, but a