Yahoo! Finance News – J.C. Penney Co., Barack Obama, Shanghai, J.C. Penney Shares Fall After Hours on Sale Report
J.C. Penney Co.’s shares slipped in after-hours trading Monday on media reports that one of its largest shareholders is selling a major stake in the retailer.CNBC and The Wall Street Journal reported that …
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Spending Cuts Unpopular Yet Not Set to Go Away
Despite their unpopularity, those deep federal spending cuts look like they’ll be around for a while.There appears to be little in the works to undo the budget cuts, although President Barack Obama is …
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Property Stocks Sink Shanghai
Chinese stocks suffer their worst drop in several months as property and construction-related sectors are slammed after Beijing imposes fresh measures to cool home prices. Japanese real-estate shares extend …
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