J C Penney Company Inc (JCP.N)
18 Jul 2018
May 22 J.C. Penney's Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe's Cos Inc, the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.
Home improvement chain Lowe's Cos Inc said on Tuesday Chief Executive Officer of department store chain J.C. Penney Co Inc Marvin Ellison would replace Robert Niblock as its CEO.
May 22 Home improvement chain Lowe's Cos Inc said on Tuesday Chief Executive Officer of department store chain J.C. Penney Co Inc Marvin Ellison would replace Robert Niblock as its CEO.
May 17 J.C. Penney Co Inc's same-stores sales missed Wall Street estimates for the first quarter, as unusually cold weather in April hit demand for spring clothing and it deeply discounted products to clear inventory.
* Futures down: Dow 0.25 pct, S&P 0.07 pct, Nasdaq 0.11 pct (Updates to open)
* Futures dip: Dow 0.15 pct, S&P 0.21 pct, Nasdaq 0.53 pct (Updates prices, adds investor comment)
May 17 J.C. Penney Co Inc's first-quarter sales at established stores missed analysts' estimate on Thursday, hurt by the late start to the spring selling season.
* J. C. PENNEY ANNOUNCES SUCCESSFUL EARLY TENDER OFFER RESULTS AND INCREASES TENDER CAPS
BRIEF-J C Penney Co Entered Indenture For Issuance By Co Of $400 Mln Of Senior Secured Second Priority Notes
* J C PENNEY CO - ON MARCH 12 ENTERED INDENTURE FOR ISSUANCE BY CO OF $400 MILLION OF 8.625% SENIOR SECURED SECOND PRIORITY NOTES DUE 2025
J.C. Penney Co Inc forecast broadly lower-than-expected full-year profit on Friday as the department store operator grapples with weak demand for its clothes and fierce online competition, sending its stock down 10 percent.