J C Penney Company Inc (JCP.N)
19 Dec 2014
|Market Cap (Mil.):||$2,008.97|
|Shares Outstanding (Mil.):||304.85|
NEW YORK, Nov 18 - Hennessy Funds has been buying shares of J.C. Penney Company Inc and JetBlue Airways Corp as part of a bet on middle-income American consumers, portfolio manager Brian Peery said in an interview on Tuesday.
Nov 12 - J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.
Nov 12 - Troubled retailer J.C. Penney Co Inc said comparable sales in the third quarter were unchanged from last year as sales of warm clothing slowed in September and October due to unseasonably warm weather.
Nov 12 - J.C. Penney Co Inc reported a smaller quarterly loss as a 12 percent drop in operating expenses boosted margins.
NEW YORK, Nov 9 - A shortfall in projected sales growth for J.C. Penney Co Inc could help drive the stock down 35 percent, according to the Nov. 10 edition of Barron's, which notes the company's chances of reaching its long-term financial goals look slim.
Oct 13 - J.C. Penney Co Inc named Home Depot Inc executive Marvin Ellison as its new chief on Monday, ending an 18-month search but barely allaying investor concerns over problems facing the money-losing department store chain.
CORRECTED-(OFFICIAL)-UPDATE 1-J.C. Penney cuts same-store sales forecast as Sept sales slow (Oct. 8)
(Corrects paragraph 8 to say "which carries an exclusive assortment of Disney merchandise" from "which is the only U.S. department store retailer carrying an exclusive assortment of Disney merchandise." Adds link to corrected press release.)
Oct 13 - J.C. Penney Co Inc named Marvin Ellison, credited with resurrecting Home Depot Inc's U.S. business, as its next chief executive as the department store operator looks to push on since stemming a two-year long sales decline.
Oct 13 - J.C. Penney Co Inc said Marvin Ellison, Home Depot Inc's head of U.S. stores, would replace Myron Ullman as chief executive in August 2015.
Oct 9 - A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.