Oppenheimer Says JCPenny (JCP) Turnround Taking Shape
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Wall Street Signals to J. C. Penney (JCP) CEO - 'Your Policy Sucks'
October 11, 2012 3:07 PM EDTShares of J. C. Penney (NYSE: JCP) are rocking 7.6 percent higher Thursday while the sector as a whole is flat, as represented by sector ETF SPDR S&P Retail (NYSE: XRT). This has market watchers scratching their head.
It appears that investors may be happy that CEO Ron Johnson is going back on his word about something very important... coupons.
In the past... More
