NEW YORK (CNNMoney) -- J.C. Penney gave investors two reasons to ditch the stock: the retailer said Tuesday that it is suspending its dividend and that sales are dropping dramatically. J.C. Penney's (JCP, Fortune 500) stock plunged …
After hours on Thursday, shares rose more than 10%. Despite the jump, we’re not ready to buy JCP stock. With an earnings per share (EPS) loss of $0.75 and $2.8 billion in revenue, J.C. Penney Company Inc. beat Thomson Reuters …
JC Penney’s stock price just took a trip back to the last days of disco. The struggling department store chain’s shares hit an all-time low on Friday — below where they debuted in 1978 — as worse-than-expected sales and widening losses …
Shares of J.C. Penney (NYSE: JCP) fell 28.5% in the month of August, according to data provided by S&P Global Market Intelligence, after the department store chain announced a bigger-than-expected loss for its latest quarter. To be sure, …
There are plenty of jitters heading into J.C. Penney\’s quarterly release after the close of the market Wednesday. The stock traded down 1.2% in a broadly higher market. It was also among the most actively traded stocks in the retail …
If the answer is no, you may be better served by selling your J.C. Penney shares today and reallocating your funds toward more promising investments. When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. …
(Reuters) - Shares in J.C. Penney Co Inc (JCP.N) plunged nearly 20 percent on Thursday ... Penney shares closed down $6.57 at $26.75 on Wednesday on the New York Stock Exchange. The decline was the worst percentage decline since …
Kyle Bass, J.C. Penney stock: Kyle Bass is one of the most notorious personalities in the hedge fund universe. Especially when it comes to companies that are on everyone’s radar. Today, on CNBC, the manager of Hayman …
The Thomson Reuters First Call FY2012/FY2013 EPS estimates for JCP are $1.61 to $1.90, and each looks about 5% low, according to my analysis. Stock Category: JC Penney is ideal for those investors seeking a moderate-risk, …
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. …