Fri, 14 Dec 2012
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Five stats from the market and the stories behind them. This week: 17 months and no turnaround at J. C . Penney, a 14% drop-off for PCs, and more.
The streaming video firm ended 2016 with strong results, but shares are looking expensive. Plus, Citigroup is still our top banking idea, and holidays were hard for Target.
Morningstar's Heather Brilliant says better revenue opportunities exist in the U.S. now than in foreign markets, and investors should demand discounts for firms with large non-U.S. sales footprints.
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