Tuesday, November 9, 2010

BlackRock Cuts JC Penney Stake To 4.6% From 7.2%

dow2664

BlackRock Cuts JC Penney Stake To 4.6% From 7.2% RealEstateRama – 1 hour ago NEW YORK -(Dow Jones)- Blackrock Inc. (BLK) has cut its stake in JC Penney Co. (JCP) to 4.6% from 7.2%, pulling back from the retailer at the same time it has become a focus of activist investor …

BlackRock Cuts JC Penney Stake To 4.6% From 7.2%



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