pension funds, insurance comp y companies with lieblabilitiesli. it won't disagree. >> smart bond fund managers, including him is can protect capital and grow it in a world of rising interest rates. >>> it's been a rough couple months for bond investors and pinco. the flag ship total return fund is down about 4% since may 1st and since then, inveps tors pulled out more than $18 billion from the fund. >>> the fight over the fate of j.c. penney takes a twist. they are starting a new ceo search. activist and shareholder bill ackman wants a chief executive named within 30 to 45 days and alan who ran it from 2000 to 2004 and considering coming back not as ceo but chairman. the bored said the company made progress under current interim ceo. the stock jumped 6% on the news and yesterday it was trading at the lowest level in 12 years. >>> shares at mcdonalds down even though people were eating more big macs last month. a key figure powered by the monopoly game, strong sales from the chicken menu options and mcwraps. it offset international sales in europe.