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 …
Both our operating and investment experience cause us to conclude that 'turnarounds' seldom turn, and that the same energies and talent are much better employed in a good business purchased at a fair price than in a poor business …
(Reuters) - A JC Penney Co (NYS:JCP) shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million (500 million pounds) of stock to shore up liquidity, which led to a steep drop in its share …
NEW YORK — J.C. Penney’s shares tumbled more than 8 percent Tuesday, a day after the department store chain announced the sudden departure of Michael Francis, a former top Target executive brought in last October to help …
NEW YORK (AP) — J.C. Penney's shares are tumbling a day after the department store chain announced the sudden departure of Michael Francis, a top Target executive brought in last October to help redefine the store's brand. In a terse …
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 …
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* 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:
The new JCPenney sounds so appealing on paper. Earlier this year, the retailer announced that “fake prices”—inflated big time to make markdowns seem more tempting—would disappear, to be replaced with a “fair and square” structure in …
Score a JCPenney coupon worth $10 off a $10 or more purchase in stores on Saturday, August 19! Stores will be handing out the coupons to customers who are 18 or older, while supplies last. One per person.