The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discusses the top business and investing stories.
In today's episode, the guys take a close look at what's behind J.C. Penney's (JCPN.Q) precipitous 26% drop in same-store sales, and whether this is a trend that can be turned around, or a sign of a company in peril. Also, they discuss Leucadia National's (JEF 0.38%) planned acquisition of Jefferies Group (JEF), how the timing may have been a little bit lackluster, and whether or not the deal will benefit the two organizations in the long run. Finally, we hear about Sherwin-Williams' (SHW -0.22%) announced purchase of the Mexican paint manufacturer Comex, the second-largest paint manufacturer in the Western Hemisphere, and how, despite the enormity of the purchase and the amount of debt SW may acquire from it, these things are a small price to pay for the huge amount of benefit.