PLANO, Texas — Losses at J.C. Penney doubled in the first quarter and sales at established stores fell again, capping a terrible week for retailers. Though the loss at first did not appear as bad as many industry analysts had expected, many …
NEW YORK – Wall Street doesn’t seem to like J.C. Penney’s new everyday low pricing any better than Main Street does. The department store chain’s stock plunged nearly 20 percent on Wednesday – the biggest decline in at least four …
Nina Garcia and her Twitter account are making moves for JCPenney! Marie Claire's fashion director was recently named the retailer's Style Voice curator, and now she's making JCP's stock soar in less than 140 characters. Nina tweeted: …
One of retail's biggest losers was one of last week's biggest winners. Shares of J.C. Penney (NYSE: JCP) soared 33.8% last week, moving sharply higher after posting results that exceeded its earlier guidance. It's a welcome break for …
J.C. Penney Co. shares tumbled the most since they began trading in 1980, hurt by deeper losses and a sense among investors that department stores are stuck in an intractable slide. The rout followed a warning by the company that a …
Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does. The department store chain's stock plunged nearly 20 percent Wednesday -- down $6.57 to close at $26.75. The drop …
J.C. Penney (JCP)'s stock plunged Friday after the embattled retailer reported weak comparable sales and a massive net loss in the first quarter. Shares of the stock fell as low as $4.48 intraday, the lowest level since 1972, according to …
J.C. Penney’s stock sale reflects a particular sort of dimness about discounts. The troubled U.S. retailer is struggling to get prices right in its stores and isn’t faring any better in the markets. It is selling over $900 million of shares at $9.65 ...
Wall Street ratings agencies set the tone for today's stock market. Active Network (NYSE ... company to Market Perform from Outperform mainly due to valuation concerns. JC Penney Company, Inc. (NYSE:JCP): The plunging retailer, …
Subscribe Today. The fashion director of Marie Claire, “Project Runway” judge and recently named “style voice” for J.C. Penney Co. Inc. sent the retailer’s stock soaring Wednesday afternoon when she tweeted, “I’m @jcpenney’s HQ. …