JC Penney Newswire

Comprehensive Real-Time News Feed for JC Penney.

Results 1 - 20 of 1,046 in JC Penney

  1. J C Penney Company Downgraded by Vetr Inc. to "Sell"Read the original story w/Photo

    12 hrs ago | AmericanBankingNews.com

    They currently have a $7.91 price objective on the department store operator's stock. Vetr 's target price points to a potential downside of 10.42% from the stock's previous close.

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  2. Macy's Long-Term Growth Story Is IntactRead the original story w/Photo

    13 hrs ago | GuruFocus.com

    Fitch estimates that an industry growth rate of 2% could be achieved by relatively flat to modest comps growth at the store level and mid- to high-teens growth from online sales for retailers that currently generate 10% of their revenue from online. Online growth of 15%-20% would translate into a 150 bps-200 bps contribution to overall comps."

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  3. Best Buy: Should You Buy The Rally?Read the original story w/Photo

    Thursday | Seeking Alpha

    ... have become way too bearish about Best Buy lately. Best Buy is one of my top retail picks for 2015/6, besides JC Penney (NYSE: JCP ), I should say. As part of its rebranding/restructuring initiative in Canada, Best Buy announced that it was shutting ...

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  4. Class action lawsuit against JCPenney alleges fake discountsRead the original story w/Photo

    Wednesday | AGBeat

    Every retailer knows that the customer loves sales. According to Mark Ellwood, who wrote Bargain Fever: How To Shop In A Discounted World , believes that "we are chemically programmed to respond to sales."

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  5. Kohl's Stock Tumbles After Missing Q1 Earnings ExpectationsRead the original story

    Tuesday May 19 | GuruFocus.com

    ... in the range from $4.20 to $4.22. Analysts have predicted that the company will earn $4.04 a share for the year. JC Penney Company Inc. ( JCP ), Kohl's largest competitor, posted losses for the quarter. Though sales increased 2% to $2.86 billion, ...

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  6. J.C. Penney (JCP) Stock Down as Class Action Lawsuit Over False Sales Certified by JudgeRead the original story w/Photo

    Tuesday May 19 | TheStreet.com

    The suit accuses the retailer of hiking up prices on apparel and accessories in order to fool consumers into believing they were getting good deals when the items went on sale, Reuters reports. The complaint against the retail giant says that the company has been operating a "massive, years-long pervasive campaign" designed to device its shoppers regarding the pricing of private and outside label brands.

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  7. Judge certifies class action over J.C. Penney phantom discountsRead the original story w/Photo

    Tuesday May 19 | The London Free Press

    A U.S. federal judge certified a class-action lawsuit that accuses J.C. Penney Company Inc of marking up retail prices on apparel and accessories to trick shoppers into believing they were getting big discounts when the items were advertised on sale. In a decision on Monday, U.S. District Judge Fernando Olguin in Los Angeles said it was possible "in one stroke" to determine whether J.C. Penney's advertising practices caused shoppers in California to buy items at discounts that proved illusory.

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  8. JC Penney - How Good Is The Turnaround Story?Read the original story

    Tuesday May 19 | GuruFocus.com

    JC Penney set itself out on a long road to turnaround and seems to be executing well. However, this isn't complete yet and it will still take a long time to come out of the red.

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  9. Synchrony Financial: The Expense Build Is A Short-Term HeadwindRead the original story w/Photo

    Monday May 18 | Seeking Alpha

    Synchrony has been heavily investing in infrastructure since the company's initial public offering . The Q1 2015 Other Expense category is 22% higher than it was in the same period in the prior year.

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  10. J.C. Penney bag appearance on Mad Men's finale was a big surprise in PlanoRead the original story w/Photo

    Monday May 18 | Dallas Morning News

    Did you spot Penney's bag in the Mad Men finale Sunday night. The show's lead character Don Draper, played by Jon Hamm, carried the Penney bag as a suitcase for most of the episode.

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  11. Liberty Mutual's new West Plano office campus on the tollway will have two 20-story towersRead the original story w/Photo

    Monday May 18 | Dallas Morning News

    The new Liberty Mutual campus in Plano - which is starting construction - will contain more than 1 million square feet of office space. The commercial builder has filed plans with the City of Plano to construct two 20-story towers with more than 1 million square feet of space on the west side of the Dallas North Tollway at Headquarters Drive.

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  12. Toyota's HQ plans find good company in TexasRead the original story w/Photo

    Friday May 15 | Automotive News

    Toyota North America CEO Jim Lentz speaks in front of the Toyota sign at the new headquarters site in January. Right now, it's little more than 100 acres of dirt being pushed around by graders and earthmovers.

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  13. J.C. Penney execs predict net profit by 2017Read the original story w/Photo

    Friday May 15 | Business Journal

    Comments from J.C. Penney CEO Mike Ullman and CEO-designee Marvin Ellison at a Friday shareholders meeting indicate the dog days may be over for the Plano retailer. After suffering from low sales for years and struggling to turn a profit, Ullman, who will step down as Penney's chief executive in July, predicts the company will see a net profit by 2017.

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  14. Retailers dealing with myriad of issuesRead the original story

    Thursday May 14 | WAFB-TV Baton Rouge

    While investors may be unnerved by the broad sell-off in the retail sector Thursday, a closer look at the industry shows it may merely be contending with issues it's dealt with for quite some time. A range of retail shares, including Kohl's Corp., J.C. Penney Co.

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  15. JC Penney Reports An Upbeat Q1 EarningsRead the original story

    Saturday May 16 | GuruFocus.com

    JC Penney Inc. recently revealed its first quarter results for fiscal 2015 with 53% year-over-year growth in earnings, narrowing its net loss from $352 million in the year-ago quarter to $167 million in Q1 2015. The company's EPS for the quarter stood at a loss of 55 cents a share, down from the year-ago quarter's loss of $1.15 a share and comfortably beating the consensus estimate of a loss of 76 cents a share.

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  16. How do you get on QVC? Tips from entrepreneur Lori GreinerRead the original story w/Photo

    Saturday May 16 | Dallas Morning News

    Take a product on a home shopping channel and sell out in a matter of minutes - it's the dream of many entrepreneurs. Lori Greiner, who's sold her jewelry organizers, home decor and other products on QVC since 1998, encourages other entrepreneurs to try to get on air.

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  17. Toyota's big HQ plans in good company in TexasRead the original story w/Photo

    Friday May 15 | Automotive News

    Right now, it's little more than 100 acres of dirt being pushed around by graders and earthmovers. The only indication that it will one day house one of the world's largest automakers is a 6-foot-tall sign spelling out "TOYOTA" next to the work site.

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  18. Lives in Limbo: The Challenge of On-Call Work ShiftsRead the original story

    Friday May 15 | CMSWire

    ... Eric Schneiderman . Schneiderman last month asked 13 national retailers, including Gap Inc, Target Corp and JC Penney Co., to provide his office with information about their scheduling practices.He said on-call systems leave "too little time to make ...

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  19. JC Penney (JCP) Stock Upgraded at BMO Capital MarketsRead the original story w/Photo

    Friday May 15 | TheStreet.com

    The firm said it raised its rating on the department store retailer based on growing confidence that the company's management will be able to reach its 2017 EBITDA goal of $1.2 billion. BMO analysts also say they are less concerned about liquidity.

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  20. Retail companies grapple with industry issues amid broad stock selloffRead the original story w/Photo

    Thursday May 14 | The Globe and Mail

    Customers exit a J.C. Penney Co. store in the Queens borough of New York on Feb. 26, 2013.

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