Still, trading at about $24, the stock has more than doubled from early last year. Since April 2013, when JC Penney embarked on a turnaround of its turnaround -- former CEO Ron Johnson billed his efforts as a turnaround too, of course …
J.C. Penney Company Inc. (JCP) reports earnings on Friday, Nov. 11, with weak retail sector sentiment setting a low bar for a positive post-news reaction, despite the stock’s long-term downtrend. The release comes just one day after …
You want to get a real sense of how far sentiment has fallen regarding social-media stocks? Tweet this: Facebook shares have been pushed down so far, so fast, that they now cost less than J.C. Penney shares. J.C. Penney shares right …
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 …
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 …
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 …
The Spanx theft was reported Friday afternoon after a JCPenney employee noticed “the empty rack in the women’s undergarment section.” The worker noted that the Spanx stock had been there the prior evening. A subsequent search …