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DIA
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2
Plays
Pensions Eliminating Stocks Add $40 Billion to Corporate Bonds
The Plano, Texas-based retailer promised to “eliminate” uncertainty for shareholders caused by underfunded pensions, and will shift some of the money into investment-grade bonds, increasing fixed-income assets to the highest level in the plan’s history, J.C. Penney spokeswoman Darcie Brossart said.
Submitted by
etfguy
12/3/2009
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etfguy
12/3/2009
etfguy is playing it
BND
Long
2.59%
LQD
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I am playing this headline with (BND LQD). What do you think of my plays?
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