One Analyst Thinks Joe Fresh Might Just Work for JC Penney
March 18, 2013 at 16:23 PM EDT
J.C. Penney(NYSE: JCP ) is up $1.29, more than eight percent on news that ISI Group analyst Omar Saad said in a note to investors that the retailer may decide to convert its 300 top locations into a real estate investment trust, or REITs. With this move, the company could
