Stephanie ruhle. Weve got the nobel Prize Winners plus your exclusive with James Patterson. Right now, we will begin with a bulletin a new ceo for the recovering retailer jcpenney is going to be Marvin Ellison who is currently the executive Vice President of stores at home depot. He will join jcpenney then formally become the ceo in august to replace mike ullman who is now in his second tour as jcpenney seo and has been trying to revive jcpenney. Bill ackman has gone public in shares of Pershing Square holdings are trading down this morning as 11 in amsterdam. It raised 2. 7 billion in its ipo. Hans nichols about what he will do with the money raised. The cash we have raised we intend to use for a new commitment. We will announce that in the next 4560 days in the capital goal will go for that new investment. A usbased company . Yes. . Can you giveme a hint on the sector no. A potential merger in the Railroad Industry has been derailed for the moment. Csx has rejected a takeover offer f
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