Stock in J.C. Penney Company, Inc. (NYSE:JCP) lost more than 11% on today’s market after a new report form Goldman Sachs Group Inc (NYSE:GS) on the company’s credit spelled out a less than utopian future for the retailer. Hedge fund …
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 …
(Reuters) - A JC Penney Co (JCP.N) shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million of stock to shore up liquidity, which led to a steep drop in its share price. The plaintiff, …
Shares of J.C. Penney Company, Inc. (NYSE: JCP) rose last month as the department store chain got a boost from a strong holiday sales report. According to data from S&P Global Market Intelligence, shares finished January up 17%. …
“When J.C. Penney has a hot selling item, they may not know it for two months,” …
JCPenney’s stock plunged more than 17 percent after it slashed its financial forecasts, citing slower-than-expected sales in the crucial back-to-school period. The struggling department store said Friday it got forced into a fire sale to clear …
Q: Would now be a good time to consider buying J.C. Penney jcp? I've wanted to own the stock for some time, and it's much cheaper than it was a year ago. A: If there's a stock you've been eyeing, now's a good time to consider buying. …
AKRON, Ohio - FirstEnergy Corp., parent company of Berks County-based Met Ed and Monmouth County, New Jersey-based JCP&L, on Wednesday reported …
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