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

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

Posted by Lynn Eisler September 30, 2013 0 Comment 2249 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 […]

Is Macy’s, Inc (NYSE:M) Overbought and J.C. Penney Company, Inc (NYSE:JCP) Oversold?

Posted by Beth Hart September 26, 2013 0 Comment 1422 views

The holiday season is right round the corner and retailers are adorning windows, launching new products, polishing marketing and sales strategies and trying almost every trick in the retailing book to ensure that customers are not only attracted to turn and look at them, but will stop and shop too. Retailers going on a holiday-hiring […]

J.C. Penney Company, Inc (NYSE:JCP) finally on dollar route?

Posted by Nathan Alexander August 22, 2013 0 Comment 737 views

At some point of Wednesday, it seemed like J.C. Penney Company, Inc. (NYSE:JCP) shares will be doing a rebound but will the company be able to follow suit? In Wednesday’s trading session, JCP dipped by 4.85%. The opening price of the shares was $13.89 which touched an intraday high of $13.95 and closed at $13.33. […]

Nothing august about J.C. Penney Company, Inc (NYSE:JCP) this August

Posted by Steve Raasch August 21, 2013 0 Comment 1141 views

Bill Ackman rustled up a storm at J.C. Penney Company, Inc (NYSE:JCP) and then exited the company board. But that is not the only thing that will help in getting the woebegone dealer back on track. The company announced its Q2 results that are far from bright and investors are almost tempted to head the […]

J.C. Penney Company, Inc (NYSE:JCP) in the wake of the Ackman current

Posted by Lynn Eisler August 16, 2013 0 Comment 705 views

Pershing Square hedge fund manager, Bill Ackman stepped down from the J.C. Penney Company, Inc (NYSE:JCP) board on Tuesday post very open dissent with other members of the board. Now the spotlight has been trained on JCP’s quarterly report that is due to be announced on 20 August. In most likelihood, there will be at […]

Bill Ackman backs-out from J.C. Penney Company, Inc (NYSE:JCP) board

Posted by Kristi Scott August 15, 2013 0 Comment 2485 views

The Pershing Square hedge fund manager Bill Ackman who has been the reason for the storm that brewed in the J.C. Penney Company, Inc (NYSE:JCP) just last week finally announced that he will be quitting the company’s board. The week-long volley of verbal blows between him and the other members of the JCP board had […]

J.C. Penney Company, Inc (NYSE:JCP) wants pound of Ackman’s flesh

Posted by Peter Lauro August 12, 2013 0 Comment 1014 views

After last week’s boardroom fiasco, the J.C. Penney Company, Inc (NYSE:JCP) board is seriously contemplating taking some action against Bill Ackman, the billionaire director of the company and its largest stakeholder as well. First, the Pershing Square hedge-fund manager went public on a letter that he had addressed to the board. Ackman wields the […]

Kraft’s Berman now J.C. Penney Company, Inc (NYSE:JCP)’s top marketing honcho

Posted by Lacee Page August 6, 2013 0 Comment 688 views

On Monday, J.C. Penney Company, Inc (NYSE:JCP) announced the appointment of Debra Berman as senior vice-president of marketing. Berman was previously a Kraft Foods executive. The JCP job had been vacant for 14 months and the company needed a capable hand to strategize marketing at a time when the company is trying to attract shoppers […]

J.C. Penney Company, Inc (NYSE:JCP) not scrimping for every penny?

Posted by Lacee Page August 2, 2013 0 Comment 726 views

The department store chain, J.C. Penney Company, Inc (NYSE:JCP) has been making extensive efforts to rebound from the worst sales it has experienced in over 2 decades. Yesterday, the New York Post had reported that CIT, the commercial lender had discontinued supporting the deliveries from small manufacturers to the company’s stores. The newspaper had not […]

Berman’s craft will come in handy at J.C. Penney Company, Inc (NYSE:JCP)

Posted by Samantha Donahue July 23, 2013 0 Comment 1542 views

Its official! Debra Berman has been named J.C. Penney Company, Inc (NYSE:JCP)’s senior VP of Brand Strategy. Last year, the senior marketing ranks at the company were simply getting eroded and with Berman now entering the scene, the much-maligned retailer has won a minor victory. Prior to this, she was the VP-marketing and engagement for […]