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 …
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 …
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 …
* J.C. Penney Co Inc director Javier Teruel reports purchase of 135,135 shares of co's common stock on Aug 22 at $3.64 per share - SEC filing Source text: (bit.ly/2g2UUoe) Further company coverage:
J C Penney Company Inc (NYSE: JCP), after an explosive rally off the January lows, looked extremely exhausted by early March and was in desperate need of a pause. Well, JCP stock has done just that over the past few weeks, and by …
J.C. Penney (NYSE: J.C.P) shares recently plunged to an all-time low after the department store chain slashed its third-quarter outlook ahead of its earnings report due on Nov. 10. The retailer now expects to report an adjusted loss of $0.40 …