The Next 24: Ackman to Sell All J.C. Penney Stock

The Wall Street Journal
August 26, 2013 AT 4:55 PM
After the bell, markets learned billionaire activist investor William Ackman is selling his entire stake in J.C. Penney. Overseas overnight, German equities could move if a business sentiment survey surprises. Before the open, investors will digest fresh readings on consumer confidence and home prices.