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 statement issued …
NEW YORK (CNNMoney) - J.C. Penney's stock plummeted in premarket trading Thursday, continuing its recent plunge, over concerns that the venerable retailer might be seeking to raise cash. J.C. Penney dropped 9 percent in premarket …
WASHINGTON (dpa-AFX) - J. C. Penney Company Inc. (JCP) reported Friday a wider year-over-year net loss for the second-quarter 2017. Total net sales for the quarter were up 1.5%, while comparable sales declined 1.3%. It reaffirmed …
NEW YORK – JC Penney said Tuesday that a closely-watched sales measurement grew in November and December, …
Nordstrom stock offers a dividend of $0.37 per share representing a 3.1% dividend yield. Investors have soured on department chains in recent years. Major U.S. …
Barron's Bounce: A new CEO is turning department store around, and shares are up 4% after a positive article in Barron's. Also rising on Barron's stories: MSG Network, Energizer Holdings, Fiesta Restaurant Group, and HC2 Holdings.
NEW YORK (AP) — J.C. Penney Co. executives may be confident in the department-store chain's everyday low pricing strategy, but its investors are panicking. The company's stock fell more than 13 percent on Monday — the biggest …
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 …
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 …