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Earnings Preview: J.C. Penney Reports August 10
On May 15, 2012, J.C. Penney Company Inc reaffirmed fiscal 2012 earnings guidance and expects earnings per share (EPS) of $2.16 per share which excludes non-cash qualified pension expense, restructuring charges and markdown reserves as the ...
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J.C. Penney Bonds Offer 9% Yields
J.C. Penney Company Inc. (NYSE:JCP), the department store founded in 1902, is currently in the middle of a turnaround. The strategy, headed by former Vice President of Retail Operations at Apple (NASDAQ:AAPL) and now CEO of J.C.
Short J.C. Penney: No Turnaround Expected
In our previous article on J. C. Penney (NYSE:JCP) dated July 11, we had recommended a short position on the stock, owing to plummeting sales, reduced traffic, a dividend cut, inventory write downs affecting margins, and an unpopular move from discount ...
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J.C. Penney's Turnaround Deepens Bond Losses: Corporate Finance
13 (Bloomberg) -- J.C. Penney Co. Chief Executive Officer Ron Johnson is finding it harder to convince bondholders than stockholders that his plan to turn around the fourth-largest department-store chain is ´┐Żon track.
JC Penney struggles with change  CBS News
JC Penney Reports Deep 2Q12 Loss - More Pain to Come  Forbes
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The Big Problem At J.C. Penney Is Lack Of Tech Strategy
So far CEO Ron Johnson's tenure at J.C. Penney (NYSE:JCP) can be summed up in one word. Fail. The company reports a loss of $147 million, 67 cents per share, for its most recent quarter. Analysts had been expecting a loss of 25 cents. Even now, the ...
J.C. Penney Loss Is Larger Than Estimated  Bloomberg
JC Penney posts loss, but sees improvement in August  Toronto Star
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Sears Replaced on S&P 500
Despite being a weaker retailer in America, the company is making efforts to sustain itself from share losses over leveraged brands and competing retailers.
Insult And Injury: Eddie Lampert's Control Of Sears Gets It Booted From ...  Forbes
LyondellBasell to replace Sears in S&P 500  MarketWatch
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JC Penney Is Sued Over Martha Stewart Deal
Macy's escalated its legal battle over its agreement to sell certain Martha Stewart products exclusively, filing a lawsuit on Thursday against J. C. Penney that accused the rival department store chain of interfering with its contract with the home ...
J.C. Penney Sued by Macy's Over Martha Stewart Agreement  Bloomberg
Macy's sues JC Penney over Martha Stewart deal  Chicago Daily Herald
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A Win for JC Penney in Macy's Dispute
A New York State Court judge declined to issue a ruling that would have curtailed J.C. Penney Co.'s ability to sell Martha Stewart Living Omnimedia Inc. MSO -2.18 % products in its stores. Justice Jeffrey Oing said he didn't feel it appropriate to ...
Macy's loses Martha Stewart spat with Penney's  Chicago Tribune
Macy's Judge Says He Will Deny Bid on Martha Stewart Pact  Bloomberg
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Read The Part Of Bill Ackman's Investor Letter Where He Talks About Taking A ...
Hedge fund titan Bill Ackman, the founder and CEO of Pershing Square Capital Management, is still making a bullish case for JCPenney even though his hedge fund is taking a beating on that investment. ... The company has stated that it expects some ...
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Three Stores, Three Scenes
And J.C. Penney is having a rocky ride as it tears apart its old way of doing business in favor of an everyday low price, non-promotional approach.
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