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MarketFoolery

Sweet Music for Investors?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 3 October 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

JC Penney names a new CEO. General Motors and Honda team up on self-driving cars. And China’s largest streaming music service files to go public in the U.S. Analysts Emily Flippen and Jason Moser discuss these stories and offer some predictions about the future of autonomous vehicles.

Thanks to Netsuite! Get the FREE guide, “Crushing the Five Barriers to Growth”, at www.NetSuite.com/Fool.

Transcript

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0:00.0

Thanks to NetSuite by Oracle, the business management software that handles every aspect of your business in an easy to use cloud platform.

0:08.0

Get the free guide crushing the five barriers to growth at NetSuite.com slash fool.

0:14.0

It's Wednesday, October 3rd.

0:17.5

Welcome to Market.

0:18.5

I'm Matt Greer and joining me in studio we have Motley full analyst Emily Flippin and Jason

0:23.9

Moser welcome.

0:24.9

Hey man how we feeling feeling great okay good well we are going to talk about a

0:29.5

big IPO and a big partnership with some kind of strange bedfellows.

0:34.8

I don't want to give it away, but it may involve Honda and GM.

0:37.9

But let's start with retail.

0:40.0

On Tuesday, J.C. Penny, naming Jill Soltow as its new CEO.

0:45.0

Now, Jason, she was formerly the CEO of Joanne's stores.

0:48.6

Investors seemed to like the news.

0:50.1

Shares of J.C.ney today up around 5%.

0:53.4

Yeah, you may be surprised to know.

0:54.6

I actually frequent Joanne stores someone, Mac.

0:57.2

I mean, having kids, I'm sure you understand the value.

0:59.3

What are you buying there?

1:00.0

Crafting.

1:01.0

You know, so typically I'm out there looking for watercolor stuff.

1:04.0

But my kids love to get fabric and all sorts of others.

1:08.0

They're trying their hands at all sorts of different crafts.

...

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