J.C. Penney (JCP) Holiday Comps May Come in Worse than Expected
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
J. C. Penney (JCP) Turnaround in Doubt; UBS Downgrades to Sell
January 11, 2013 11:16 AM ESTThis morning shares of J. C. Penney (NYSE: JCP) dropped after UBS downgraded the company from Neutral to Sell. Analysts called attention to number of worrisome trends in earnings and gross margin. Worse still, UBS thinks JCP will have to make significant changes to CEO Ron... More
Does Dan Loeb Think Bill Ackman Has Lost His Touch? (HLF) (JCP)
January 10, 2013 11:05 AM ESTThey called Dan Loeb's long bet on Herbalife Ltd. (NYSE: HLF) a slap in the face to fellow hedge fund investor and so-called friend Bill Ackman, who is massively short the stock. But it appears the rift goes further...
A story in the... More