JC Penney shares are down sharply after the company raised $1 billion through a new stock offering. CNBC's Scott Wapner breaks down the retailer's problems. And Tom Stemberg, The Highland Consumer ... more 
JC Penney shares are down sharply after the company raised $1 billion through a new stock offering. CNBC's Scott Wapner breaks down the retailer's problems. And Tom Stemberg, The Highland Consumer Fund and former CEO of Staples, shares his play on the ... less 
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Fri, Sep 27, 2013 2:22 PM EDT