Breaking News

Penney short took the cake

Greenlight Capital closed its short position on retailer JCPenney and sold its long holding in Microsoft in the second quarter, founder David Einhorn said in a letter to investors.
JCPenney was “our most profitable short of 2012,” and Greenlight covered its position when the board fired Chief Executive Officer Ron… …read more
Source: NY Post

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Posted by on July 29, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.