J.C. Penney sinks 27 percent on forecast cut, fashion falls flat

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Lowe's Cos. (LOW) Declares $0.48 Quarterly Dividend; 2% Yield

August 17, 2018 4:53 PM EDT

Lowe's Cos. (NYSE: LOW) declared a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on November 7, 2018, to stockholders of record on October 24, 2018, with an ex-dividend date of October 23, 2018.

The annual yield on the dividend is 2 percent.

For... More

J. C. Penney (JCP) PT Lowered to $2 at Deutsche Bank Following 2Q

August 17, 2018 8:40 AM EDT

Deutsche Bank analyst Paul Trussell lowered the price target on J. C. Penney (NYSE: JCP) to $2.00 (from $3.00) while maintaining a Hold rating following the company's 2Q earnings report. 2Q results were disappointing and largely driven by GPM pressure with the company missing EPS... More