Consumer Confidence Drops; Retail ETFs in Focus Tuesday, September 28, 1:15 PM ET, by ETF Channel Staff The Conference Board released a disappointing consumer confidence report this morning, putting retailer and retail ...
Ackman's Purchases Help RCD Friday, October 8, 10:55 AM ET, by Market News Video Staff Investors found out this morning that Bill Ackman's fund, Pershing Square Capital, had taken sizable ...
By Market News Video Staff, Tuesday, November 23, 7:05 AM ET
According to the New York Times, J. Crew (JCG) is close to a deal whereby TPG Capital and Leonard Green & Partners would pay $2.8 billion for the company, or approximately $43.50 per share.
The article also states that J. Crew would have a period to shop the deal around to see if they can get a better offer through the holidays.
The ETF with the largest percentage holding of J. Crew is the SPDR S&P Retail ETF (AMEX:XRT) with J. Crew at about 1.4% of the ETF. Top holding of this ETF include Gymboree (GYMB), JC Penney (NYSE:JCP) and AnnTaylor Stores (NYSE:ANN).
This Article's Word Cloud:AMEXAccordingAnnTaylorCapitalCrewGYMBGreenGymboreeLeonardNYSEPartnersPenneyRetailSPDRStoresTimesYorkaboutalsoapproximatelyaroundarticlebetterbillionclosecompanydealhaveholdingholidaysincludelargestofferpercentageperiodshareshopstatesthattheythisthroughwherebywithwould
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
Week Ahead Market Report: May 21, 2012
TBT, ACWV: Big ETF Inflows
Monday Sector Leaders: Precious Metals, Auto Parts
Monday 5/21 Insider Buying Report: PAA, HEK
Learn About The 200 Day Moving Average
Monday Sector Laggards: Agriculture & Farm Products, Food Stocks
