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Swinand Is `Bullish’ on New Strategy at J.C. Penney

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June 22, 2012 5:44 PM EDT Paul Swinand, an equity analyst at Morningstar Investment Services Inc., talks about the outlook for J.C. Penney Co. after the departure of company president Michael Francis earlier this week and the performance of Chief Executive Officer Ron Johnson. Swinand speaks with Adam Johnson and Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg) (Bloomberg)

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