While investors always appreciate a 15 percent one-day gain, J.C. Penney shareholders' excitement is certainly tempered given the company's overall situation. JCP stock plummeted more than 17 percent just two weeks ago to its lowest …
WILMINGTON, Del., Sept 22 (Reuters) - Facebook Inc's trial over a shareholder lawsuit opposing the company's stock reclassification has been canceled, according to a clerk in Delaware's Court of Chancery. The reason for the …
Money is finally flocking to financials, and while the focus tends to be on the likes of Bank of America Corp (NYSE:BAC) and JPMorgan Chase & Co. (NYSE:JPM), I’d like to focus on the Big Four bank that tends not to get as much headline …
J C Penney Company Inc (NYSE: JCP) stock crashed more than 17 percent Friday to its lowest level since the 1980s after the company issued deep cuts to its 2017 guidance ahead of the critical holiday shopping season. The latest cut only …
Citigroup stock, long the sick man of the Big Four money center banks, said the Federal Reserve OK’d a fat dividend hike and a share repurchase program. Between the two, the bank will return a total of $10.4 billion in cash to C stock
The selling in bank stocks reached a fever pitch Thursday, and that has shares of Citigroup Inc (NYSE:C) looking mighty vulnerable. Indeed, C stock is on the cusp of completing a classic head-and-shoulders pattern that could send shares …
Enbridge Inc. ENB recently announced the conclusion of a common stock offering. A total of 33,456,003 stocks were offered to select investors through private placement that fetched as much as C$1.5 billion. The firm will likely utilize the …