Posts tagged with "J.C. Penney Company Inc. (NYSE:JCP)"

J.C. Penney Company Inc. (NYSE:JCP) Claws Back After Coverage From Piper Jaffray

Posted by Chris Bell January 10, 2014 0 Comment 1464 views

J.C. Penney Company, Inc. (NYSE:JCP), the struggling departmental store and chain store operator has seen its market cap shimmer down to a low of $1.92 billion, thanks to heavy sell off at discounted prices that investors its investors have been indulging in over the past few weeks. This sustained sell off, turned into a deluge […]

J.C. Penney Company Inc. (NYSE:JCP) Plunges Sharply

Posted by Chris Bell January 9, 2014 0 Comment 1608 views

J.C. Penney Company, Inc. (NYSE:JCP) stock went down by a staggering 10 percent during trading on January 9. One of the main reasons for the investors in this stock to get spooked was an unclear announcement from the $2.25 billion market capped retailer about the sales figures from the recently concluded holiday sales period. Statement […]

Three Stocks To Keep A Eye On

Posted by Samantha Donahue November 5, 2013 0 Comment 1426 views

Facebook Inc (NASDAQ:FB) Facebook continues to show quick movement in the stock market, largely due to loss of ‘novelty’ of the social media network for teenaged users. At the end of the day, the stock closed 3.08% lesser at $48.22. Though, Facebook has begun placing, what is called as ‘magazine-quality’ ads on its news feed […]

J.C. Penney Company, Inc. (NYSE:JCP)’s Turnaround On Track

Posted by sara Frank October 29, 2013 0 Comment 2017 views

While talking at the Women’s Wear Daily conference on Monday, October 28, 2013, J.C. Penney Company, Inc. (NYSE:JCP)’s  Chief Executive Officer, Myron Ullman said that the sales trends are improving while reinstating the positive forecast for a rise in same store sales during 3Q13. The stock marked a new intraday high of 8.84% as the […]

Tieup With Shopkick Is Part Of Turnaround Strategy For J.C. Penney Company, Inc. (NYSE:JCP)

Posted by Ryan Mandell October 28, 2013 0 Comment 2396 views

On October 25, 2013 J.C. Penney Company, Inc. (NYSE:JCP) announced to have partnered with the most widely used real world shopping app, shopkick that rewards shoppers ever for walking into stores. This move can also be considered as part of JC Penney’s efforts to review its sales and especially to push sales during the crucial […]

How Will J.C. Penney Company Inc. (NYSE:JCP) & Groupon Inc. (NASDAQ:GRPN) Capitalize?

Posted by George Brook October 22, 2013 0 Comment 2710 views

J.C. Penney Company, Inc. (NYSE:JCP) seems to have been learning from its peers as it announced to begin offering Thanksgiving Day deals by opening its department stores by 8:00 PM on the night of Thanksgiving Day. Last year the company missed much of the Black Friday rush as it opened its stores by 6:00 AM. […]

Court Ruling To Hurt J.C. Penney Company Inc (NYSE:JCP)

Posted by Lacee Page October 21, 2013 0 Comment 2115 views

The Attorney General’s Office in Iowa said that a judge has now ordered 2 companies to shell out over $2.7M in refunds over club memberships, to customers in the state. On Thursday, Judge Richard Blane, of the Polk County District approved a consent judgment against J.C. Penney Company, Inc (NYSE:JCP)’s Direct marketing Services and Stonebridge […]

Macy’s, Inc (NYSE:M) & J.C. Penney Company Inc (NYSE:JCP) Trying Different Things

Posted by Steve Raasch October 9, 2013 0 Comment 1438 views

The past couple of years have been very shaky for the retail industry. Unemployment levels have been at all-time lows and consumers have been very thrifty with their spending patterns. But things have been changing gradually and Macy’s, Inc (NYSE:M)’s one company that has proved its resilience and withstood all the storms in the retail […]

Is There Ray Of Hope For J.C. Penney Company, Inc (NYSE:JCP)?

Posted by Nathan Alexander October 4, 2013 0 Comment 1372 views

Myron Ullman, J.C. Penney Company, Inc (NYSE:JCP)’s Chief Executive Officer is bringing in a Jan Hodges, a 25-year veteran to the helm of the company’s department-goods section. The company has been struggling to revive sales and hope that Hodges experience and ideas will bring a breath of fresh air into the workings of that department. […]

Is J.C. Penney Company, Inc (NYSE:JCP) On The Verge Of Bankruptcy?

Posted by Lynn Eisler September 30, 2013 0 Comment 2286 views

The trouble-ridden J.C. Penney Company, Inc (NYSE:JCP) reduced its 2013-end cash reserves projections. It has now decided to issue around $1B in new shares and its stock plunged 13.15% on this news on Friday. The shares opened at a price of $9.53 which climbed to an intraday high of $9.67 and dropped to a close […]