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Shares of JCPenney (JCP) Edge Higher as Ron Johnson Says He Was 'Pleased' with May Sales

June 19, 2012 2:45 PM EDT
JCPenney (NYSE: JCP) shares have ticked higher over just the last few minutes of trade as the WSJ is reporting CEO Ron Johnson has said he was "pleased" with the retailers May sales.

The stock is still down nearly 10 percent to around $21.90, but is off afternoon lows set at about $21.65.


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