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Little bit of white house exploits. Lets get headlines from olivia sterns. After the close of u. S. Trading, jcpenney, the struggling retailer posted its first quarterly profit in more than two years and shares rallied in afterhours trades. Retailers return to discounting at last. The income was 35 million in the quarter compared to a loss of 552 million a year earlier. A little bit better numbers from jcpenney but coming off of a very low comparative figure. Tesla out with details on its socalled giga factory plants. This could help to drive down the battery packs. They hope to make investments my the year 2020. They will invest 2 billion. They also see volume at about 500,000. An activist investor carl icon escalating his attack on john donahoe, the ebay ceo. Carl icahn sent his letter to shareholders highlighting the leadership of Mark Andreessen and scott cook. Ebay holds the claims quote blatantly false ebay called the claim ....
Capital Alpha Partners found that buy back amounts at defense contractors were higher this financial quarter for all but only four others since March 2011. ....