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 …
Shares of J.C. Penney Co. Inc. slumped 1.3% in active premarket trade Wednesday, after Credit Suisse turned bearish …
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 …
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 …
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. …
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 …
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 …
JCP stock (NYSE: JCP) was up 1.95% this morning (Friday) following the retailer's release of second-quarter results after market close on Thursday. After hours on Thursday, shares rose more than 10%. Despite the jump, we're not ready to …