Trend Results : J.C. Penney

Blog Post Results (1-20 of 1999)


Gogo’ ‘Grossly Overpriced,’ Given Competition, Says Northland

Gogo, the provider of in-flight WiFI, has a strong lead in the market, but competition is fierce to be on the planes of American Airlines and others, and analyst Paul Penney with Northland thinks the stock's worth less than half its current price, given estimates for profit next year seem wildly optimistic to him.

Stocks Climb A ‘Wall Of Worry,’ Though Humpty-Dumpty Investors Can Fall Off The Wall

Macy’s, JC Penney, Sears. Does anyone seriously believe that these corporations will thrive in the years ahead? They’re far more likely to go belly up than to turn things around. Many investors seem unfazed by the probability that Amazon (AMZN) will terminate traditional retail. They see it as an...

J.C. Penney stock is on a five-day losing streak

J.C. Penney stock is on a five-day losing streak after reporting a steep loss in the second quarter.        

UW Librarian’s Book Reveals Business Icon’s Impact on Rural America

Topic: Books Librarians A University of Wyoming faculty member’s new book about James Cash Penney explores how the department store icon and his company shaped rural America throughout the 20th century. “I wanted to wrap my mind around...Show More Summary

JC Penney Becomes a Penny Stock On Poor Earnings (Poor Retail Sales and Overbuilding)

Retail anchor tenant JC Penney reported poor earnings last week, sending their stock price below $5. JC Penney is now a penny stock. The post JC Penney Becomes a Penny Stock On Poor Earnings (Poor Retail Sales and Overbuilding) was originally published at The Wall Street Examiner. Follow the money!

Wall Street’s Patience With Retailers’ Turnaround Efforts Runs Thin

After underwhelming earning reports by brick-and-mortar retailers like Macy’s and J.C. Penney, investors sent shares of traditional department stores tumbling.

J.C. Penney stumbles as liquidation sales add to losses

J.C. Penney's retail crisis deepened in the second quarter as fewer shoppers and losses connected to the company's recent store closures took a toll.        

JC Penney stock sinks, extending gloomy week for retailers

Another quarter of falling same-store sales from J.C. Penney Co. come a day after similar reports from Macy's, Kohl's and Dillard's, as people increasingly avoid malls and shop online or at discount retailers. Nordstrom stood alone, reporting that its same-store sales rose in the most recent quarter, when it held its annual anniversary sale.

JCPenney reports a wider loss than expected, stock gets smoked (JCP)

Department store operator J.C. Penney Co Inc reported a wider loss as its margins took a hit from the liquidation of inventory in stores it was closing. The company's net loss widened to $62 million, or 20 cents per share, in the second...Show More Summary

J.C. Penney stumbles as department-store crisis spreads

J.C. Penney's retail crisis deepened in the second quarter as fewer shoppers and losses connected to the company's recent store closures took a toll.        

Former Kern Co. Sheriff's deputies avoid prison for selling marijuana seized in drug raids

Two former Kern County Sheriff’s deputies avoided prison time Monday for stealing and selling marijuana that was seized during drug busts. Logan August and Derrick Penney were sentenced Monday to three years’ probation for the charge of conspiracy to distribute and possess with the intent to distribute...

Former California deputies get probation for pot trafficking

Two former California sheriff's deputies have been sentenced to probation and community service for selling marijuana that had been seized by law enforcement. Thirty-four-year-old Derrick Penney and 30-year-old Logan August … Click to Continue »

J.C. Penney and 'Project Runway' attempt to 'make it work' with new partnership

2 months agoNews : USAToday: News

After battling financial troubles, a new partnership between retailer J.C. Penney and reality show 'Project Runway' could boost sales.        

Grocery stores are moving into dying suburban shopping malls to save them

Since the 1950s, department stores like Sears and JC Penney have anchored suburban shopping malls. But hundreds of chains are expected to soon close their doors. Sears, an iconic mall mainstay, is shuttering over 300 locations in the...Show More Summary

Sears, J.C. Penney, Kmart, Macy's: These retailers are closing stores in 2017

A look at the top retailers that have announced store closings in 2017.        

JC Penney and Dillard's are about to be kicked out of this big index

Friday is set to be the heaviest volume day of the year as the Russell indexes get rebalanced.

Amazon strikes again: Nordstrom, JC Penney shares tank on 'Prime Wardrobe' rollout

Amazon's new 'Prime Wardrobe' service tanked department store shares days after the online company hit grocery stocks.

Retailers Bank on Environmentally-Friendly Clothing for Increased Sales

Many shoppers will shell out a little more money if they know a product, especially clothing, is environmentally friendly, market researchers report. Major retailers like J.C. Penney, H&M, and Target are increasingly tapping into that consciousness with fashion lines made from recycled fabrics. Show More Summary

J.C. Penney to introduce 'toy shops' in all stores

J.C. Penney plans to open "toy shops" within its department stores in an effort to recapture the magic from when it sold toys in its holiday catalogs.        

J.C. Penney CFO Edward Record steps down

Despite improvements in the second quarter, J.C. Penney has been hit by the industry-wide slump and CFO Edward Record is stepping down.        

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