May 16 (Reuters) - Shares in J.C. Penney Co Inc plunged nearly 20 percent on Thursday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street ...
The stock market started the week strong, with the Dow Jones Industrial Average gaining 85 points, or 0.41%. TheS&P 500 and Nasdaq each enjoyed similar gains to close at fresh all-time highs, thanks ...
J.C. Penney is in the midst of one of the most remarkable turnarounds in retail history. Just three years ago, the company looked like it was following Sears Holdings down the road to ruin. Sales were ...
Both our operating and investment experience cause us to conclude that 'turnarounds' seldom turn, and that the same energies and talent are much better employed in a good business purchased at a fair ...
J.C. Penney's shares have returned 48.80 percent this year. Improving investor sentiment after Q2 2016 and announcement of strategic three-year plan in August fueled J.C. Penney's rise. I continue to ...
NEW YORK - Shares of J.C. Penney Co. plummeted nearly 15 percent Wednesday, a stumble on the department store chain's rough road to turn around its business. The Plano, Texas-based retailer is trying ...
NEW YORK -- Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does. The department store chain's stock plunged nearly 20 percent on Wednesday-- the ...
NEW YORK - Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does. The department store chain's stock plunged nearly 20 percent on Wednesday - the ...
Oct 1 (Reuters) - A JC Penney Co shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million of stock to shore up liquidity, which led to a steep ...