JC Penney News
News on JC Penney (Ticker: JCP) continually updated from thousands of sources around the net.
21 min ago | The Motley Fool
Friday was a pretty bad day for shareholders who had stakes in one or more of the following retailers: J.C. Penney Company .
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4 hrs ago | Seeking Alpha
J.C. Penney has struggled to turn around a retail business that has been failing in the last few years.
8 hrs ago | SchaeffersResearch.com
Roughly 5,450 weekly 12/13 39-strike calls have changed hands, a number of which have been bought to open.
16 hrs ago | SBWire
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Market Buzz Report, which provides important analysis for penny stocks, issues interesting stocks analysis for Geron Corporation , 3D Systems Corporation , Eagle Bulk Shipping Inc. , Finisar Corporation , J.C. Penney Company, Inc. .
J.C. Penney recently announced an update on its November sales. The 10.1% same-store growth sounds impressive, but was largely achieved due to an extremely poor November 2012 that was affected by Hurricane Sandy and a Black Friday opening that was later than its competitors.
It has been a choppy season for retail, especially apparel. Phillips-Van Heusen , known for its dress shirts, Calvin Klein and Tommy Hilfiger brands, reported a 5 cent earnings beat on light revenues, and management maintained guidance, but did not raise it.
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J.C. Penney Company, Inc. and Macy's, Inc. are two of the most venerable department store names in the U.S. Both have been around for more than 100 years, with plenty of successes along the way.
Last week, the Plano, Texas-based retailer posted a double-digit comparable sales gain of 10.1% for November, a remarkably stronger figure than the 34% drop in comparable sales over the same period a year earlier.
For the first time in a long time it seems like the "back to basics" strategy outlined by the newly appointed CEO, Mike Ullman, is helping J.C. Penney to reconnect with its core customers.
The crux of the bear case on J.C. Penney as near as I can tell is that they can't get back to former sales and margin glory.
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Category: Baystreet Newswire Company: Stock Publisher ID: 410245 Date: Monday, December 09, 2013 Ticker: NASDAQ:SEAC Whether it's a bull or bear market, TrendingWallStreet has you covered.
There's not much to say about Sears' operational performance during its third quarter , except that it was atrocious.