Over why apple wont fix her broken ipad. Its a rich story, folks. Apple fighting back, but dont worry, we have the perfect person to fix your pad for your. Sue, meanwhile is at the nyse. How are you . Hi, ty. Im good. As you mentioned two brands in trouble, jc penney stock hitting Single Digits on concerns that retailer doesnt have enough cash to fund its operations into the Holiday Shopping season. It expects to raise 932 million in a stock sale. For blackberry it lost a billion dollars in its latest quarter paying out millions to executives. We have Courtney Reagan on the jc penney and seema mody on blackberry. Court, you go first on jc penneys attempts to turn things around or try to. Thats right. Good evening to you, sue. The retailer announcing it expects to end the year with liquidity in excess of 1. 3 billion, 200 million less than it expected at its Second Quarter earnings announcement. Jc penneys cash burn has been concern for a while. Its transformation isnt cheap. Its been a
Its a distraction from Everything Else thats going on. You may have heard that things didnt exactly go the way i planned. [laughter] but you know what . Im doing okay. I wont lie, shar chardonay hela little too. We were serious about the last president ial election of a man whose presidency would eventually end in disgrace with his impeachment for obstruction of justice. [laughter] the word she mentioned impeachment kind of ironic since her husband was impeached for perjury. I think she needs to spend more time in the woods because clearly she moved past the election and hasnt moved past losing. And were allamerican in god we trust living the dream and never giving up. Abby has been memorial day weekend. We are starting it off right. Steaks, burgers. Clayton are you up at 6 00 a. M. On memorial day weekend . Youre off work. You get to kick back and relax. Pete i didnt know those grill were already fired up or i would have been out on the plaza eating. What way to start it than grilling
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