Department store giant J.C. Penney is planning to close 130 to 140 stores and two distribution centers. J.C. Penney told investors Friday that it would shutter the locations over the next few months, Fortune reports. The figures represent about 13-14% of J ...
Time · 1y
J.C.Penney only needs to survive for this to be a good investment ... I have no business relationship with any company whose stock is mentioned in this article. Additional disclosure: This article discusses risky investments including investments tied ...
J.C. Penney Co. Inc. (NYSE: JCP) stock soared 25% in after-hours trading today after the company reported a first-quarter earnings per share (EPS) loss of $1.16 on $2.8 billion in revenue. That beat consensus estimates that had JCP pegged for an EPS loss ...
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 more than 12% in early ...
CNN Money · 6y
Penney’s stock closed down 1.4% to $13.17. Since Ackman’s announcement, volumes of J.C. Penney stock being borrowed to sell it short has climbed to the highest level on record as tracked by SunGard’s Astec Analytics, which said it now costs those ...
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, consumer-based retail stock ...
BTIG analyst William Frohnhoefer issued a "buy" rating, making him one of the few analysts to recommend purchasing J.C. Penney's stock. Frohnhoefer also set a price target of $22 per share. That's more than 40% higher from where J.C. Penney's (JCP ...
CNN Money · 5y
The graph showing J.C. Penney Company Inc.’s (NYSE:JCP) stock price on Thursday dipped and peaked like a heart monitor mid-cardiac arrest. Bruised from months of blistering criticism about its future – the financial press had all but eulogized the ...
Shares of J.C. Penney (JCP) rose more than 5% Monday and are on track to close at their highest price since last September. The stock is now up nearly 20% in 2014. The stock is also doing as well as much healthier competitors Macy's (M) and Dillard's (DDS).
CNN Money · 3y