On Monday, Shares of J C Penney Company Inc (NYSE:JCP), subtract -4.03% and closed at $9.06 in the last trading session. The last trading range of the stock ranges between $9.04 and $9.54. The company’s Market capitalization is $2.81 Billion with the total Outstanding Shares of 307.73 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.00 and reached to max level of $11.99. J. C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated about 1,021 department stores in 49 states and Puerto Rico.
Morgan Stanley (NYSE:MS), jumped 0.77% and closed at $32.56 in the last trading session. The last trading range of the stock ranges between $32.41 and $32.71. The company’s Market capitalization is $62.09 Billion with the total Outstanding Shares of 1.91 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $21.16 and reached to max level of $35.74. Investment funds managed by Morgan Stanley Global Private Equity (MSPE) declared recently that they have accomplished an investment in 24 Seven, Inc., one of North America’s leading creative and digital human capital administration firms. MSPE is partnering with the founder, Celeste Gudas, and the current administration team who will remain in place and retain a noteworthyequity stake.
24 Seven is one of North America’s preeminent human capital administration firms specializing in the placement of freelance and full-time creative, marketing and digital talent. Through a network of nine U.S. offices and two international offices, the company delivers advertising, creative, marketing and interactive / digital professionals for freelance and permanent placements. Clients include a combination of corporate marketing departments and marketing agencies. Morgan Stanley Global Private Equity believes 24 Seven attracts and places high quality talent through a consultative relationship driven approach, and has demonstrated consistently strong growth and increasing profitability.
Adam Shaw, Executive Director of Morgan Stanley Global Private Equity, said, “24 Seven is an exceptional, high-growth player in the attractive creative and digital staffing end market. Morgan Stanley Global Private Equity was exclusively positioned to evaluate the opportunity on a proprietary basis and we, together with the founders, believe Morgan Stanley Global Private Equity is the ideal partner to continue 24 Seven’s impressive growth.”