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J. C. Penney (JCP) Sees Upside Following Positive Comments on Q1 Earnings

April 22, 2009 12:13 PM EDT

Shares of J. C. Penney Company, Inc. (NYSE: JCP) are 7% higher mid-day following comments from a meeting that Q1 earnings will be flat to slightly positive, which compares favorably to the analyst consensus of a $0.06 loss.


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