J.C. Penney shares are jumping this morning as some investors still believe in CEO Ron Johnson's turnaround plans.
This morning JC Penney reported a third-quarter, $143 million loss. It was the first earnings call by its new CEO, Ron Johnson, who joined the company on Nov. 1 from Apple. JC Penney certainly doesn't have the dedicated following th... Read Post
This morning, department store chain JC Penney, which has been floundering since the departure of CEO Ron Johnson, reported a 12% earnings slide and a $586 million loss in the second quarter. Electronics chain Best Buy, on the other... Read Post
On January 25, 2012, JCPenney CEO Ron Johnson took a stage in front of a throng of anxious investors, analysts, and reporters. He announced his plan to turn things around at the struggling department store. Johnson was JCPenney's wh... Read Post