Morgan Stanley Sees Further Downside in J. C. Penney (JCP)
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- 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
JCPenney (JCP) CEO Johnson Takes the Company Turn Around Seriously. Kind of...
February 11, 2013 9:30 AM ESTJCPenney (NYSE: JCP) CEO Ron Johnson is making a strong effort to turn around the company. However, his work habits are leaving some employees steaming.
According to the NY Post, Johnson is said to only be at the retailer's Plano, Texas, headquarters about "four days per week, if that," according to one employee.
Johnson commutes to JCPenney's headquarters via chartered... More