• Arnu Owens

    Shares of J. C. Penney Company, Inc. (NYSE:JCP) surged in after-hours trading on Tuesday, following a preliminary update on the Company`s performance for this holiday season. For the combined nine-week November and December period, JCP reported comparable store sales growth of 3.7% over the same period last year, and now expects to report fourth quarter

  • Stocks began the trading session on Tuesday mixed, as upward momentum has stalled in the face of the tensions in Ukraine, and lackluster economic data. Monday’s price action was telling as stocks were unable to follow through after starting the trading session with the Dow Industrials down triple digits. Stock investors will likely push equities

  • Stocks started the trading session in the red after notching up strong gains on Tuesday and Wednesday. The Nasdaq printed in the black for the year while the S&P 500 and the Dow Industrials where basically flat. Earnings at large financial institutions continued to show solid gains, while inflation remains subdued. Stocks closed the trading

  • David Becker

    Mid-range retailers showed that they can rebound with a make over, as seen with Macy’s (NYSE:M) and their remarkable return in 2013. So could discount retailers forge the same return to profitability. JC Penny Co, inc. (NYSE:JCP) sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. The stock price

  • Business » JC Penney Pops Despite Weak Results
    November 20, 2013, 13:31 GMT

    Shares of the once famed JC Penney (NYSE:JCP) traded to the upside on Wednesday morning following the company’s quarterly results. The company posted third-quarter loss excluding items of $1.81 per share, significantly greater than a loss of 93 cents a share in the third quarter of last year. On the top line, JC Penney watched

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