Ackman has 'Enormous Confidence' in JCPenney (JCP) CEO Johnson - CNBC

December 20, 2012 1:10 PM EST
Bill Ackman said he has "enormous confidence" in J.C. Penney (NYSE: JCP) CEO Ron Johnson. Comments were made on CNBC today.

Shares are perking up this afternoon, but still down 2.6 percent on the session.


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