business news in context, analysis with attitude

On Friday, there was an MNB story that read:

Reuters reports that in a filing with the US Securities and Exchange Commission (SEC) this week, it said that "fixing its performance could take more time than it initially believed and suggested that any change in its strategy could be expensive.

Now, I know many of us in the MNB community are on the same wavelength ... but that doesn't mean I should expect you to read my mind. I never said in that story what company "it" referred to ... in fact, the company was JC Penney.

Sorry about that. Sometimes my fingers go faster than my brain.
KC's View: