JC Penney News
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Target Corp. will be reporting its official Q2 2014 results on August 20th with a greater degree of investor anticipation than in recent quarters as many eagerly await the hear details surrounding the company's recent efforts.
's stock had its "neutral" rating reiterated by Zacks in a note issued to investors on Tuesday.
The department store chain was issuing press releases denying media reports that its financing had been cut off, and the back-to-school season was seen as a last-ditch effort to save the company.
Retail earnings season continues this week, with big-box store operators Home Depot , Target and Staples among those companies on deck to share the most recent quarterly results.
After having a great day on Aug. 14, with a 4% rise by the close of the market, the shares of J.C. Penney shot up further over 10% in after-hours trading.
A: Investors have soured on retail stocks. And for good reason. Wal-Mart and J.C. Penney this week didn't give investors much to look forward to.
However, J.P. Morgan Securities raised its price target on JCP to $11 from $9, representing an unusually bullish forecast for the stock.
J.C. Penney's Chief Financial Officer Ed Record hosted the company's second quarter conference call.
The thirty third trading week of 2014 comes to a close after a volatile day of trading in the US.
Filling the stores and moving merchandise. That's what retailers are supposed to do.
Alibaba is still on track to launch the biggest IPO in recent memory, but the Chinese company's movie unit may have uncovered information that puts a damper on the excitement.
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As Apple's retail chief, Ron Johnson walked on water. It's one thing to be the mad genius behind the iconic Apple Store and Genius Bar; it's another matter entirely to build the most valuable retail space in America a selling computers and consumer electronics, of all things.
J.C. Penney Company shares saw unusually-high trading volume on Thursday following a stronger than expected earnings report, StockRatingsNetwork.com reports.
Updated: Wed Aug 20, 2014 11:31 am
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