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Sozzi: Amid Lowered Poison Pill Threshold, JC Penney Highlights Apparent Disconnect Between Value And Assets
Tuesday, January 28, 2014 - 1:10pm | 520Read More...On Tuesday, JC Penney (NYSE: JCP) lowered the threshold on its existing shareholder rights plan, or poison pill, and extended its expiration date. “The amendments to the Company's rights plan include extending the plan's expiration date from August 20, 2014 to January 26, 2017, and lowering the...
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J.C. Penney Given a $1 Price Target
Monday, October 21, 2013 - 2:42pm | 444Read More...What makes for a really bad day at J.C. Penney's (NYSE: JCP) corporate headquarters? When your stock is reiterated a “Underperform” and a $1 price target is placed on it. There are certainly a significant amount of people who advise never to listen to an analyst, but judging by Monday’s...
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Soros Dumps CNinsure
Wednesday, June 8, 2011 - 4:37pm | 211Read More...George Soros sold 640,650 shares if CNinsure (NASDAQ: CISG) during the first quarter. The stock still makes up one of his largest holdings in his Quantum Fund China fund CNinsure, although this marked the time since the first quarter of 2010 that Soros was a seller and not a buyer of the stock....
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Soros: Gold is the 'Ultimate Bubble' (GLD)
Wednesday, September 15, 2010 - 1:16pm | 176Read More...Billionaire George Soros told Reuters on Wednesday that gold prices might continue to rise, but warned that the precious metal is the "ultimate bubble." "Gold is the only actual bull market currently. It just made a new high yesterday. In the present circumstances that may continue," he said at a...
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Trend Following: Consider Getting Short The Euro And Treasuries (FXE, TLT, TBT)
Friday, March 26, 2010 - 2:20pm | 607Read More...Two trends that have been working for awhile now are being short the Euro, and short U.S. treasuries. Although both of these trades are crowded, there is a good chance that short positions in these assets will continue to pay off. There is no doubt that the wolves are circling around the European...
