AT&T’s New Deal

AT&T Inc. agreed to sell a stake in its pay-TV unit to private-equity firm TPG and carve out the struggling business, pulling the telecom giant back from a costly wager on entertainment. The transaction would […]

By |2021-02-26T10:44:48-05:00February 26, 2021|Articles|Comments Off on AT&T’s New Deal

Gold, Silver and Platinum Flying

Gold, Silver and Platinum are flying higher again this morning. Gold is 27.00 higher looking for 1900, Silver up 1.00 and Platinum up 30.00. We reversed our Silver position this morning and are long across […]

By |2020-12-17T09:49:17-05:00December 17, 2020|Articles|Comments Off on Gold, Silver and Platinum Flying

JCPenney Misses Bond Payment

JCPenney Shares Have Fallen 77% in 2020

The situation at troubled retailer JCPenney got more serious as the company missed a $12 million debt payment due Wednesday. The company said that it has a 30-day grace period to make the payment. "JCPenney made the strategic decision to ... take advantage of the 30-day grace period to continue ongoing discussions with lenders...

By |2020-04-17T10:08:02-04:00April 17, 2020|Articles|Comments Off on JCPenney Misses Bond Payment