J.C. Penney (JCP) Says Layoffs 'Much Smaller' Than Reports State - CNBC
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
JCPenney (JCP) Holders Look for Little Glimmer of Hope with Q4 Results
February 25, 2013 9:15 AM ESTJCPenney (NYSE: JCP) is expected to report fourth-quarter 2012 results on Wednesday, with a dramatic drop in sales and profit expected.
Currently, the Street is modeling that sales will fall over 24 percent to $4.11 billion, while JCPenney will swing from EPS of 74 cents last year into a loss of 11 cents per... More
JCPenney (JCP) Commences Cuts at HQ; Hopes Martha Stewart (MSO) Trial Will Distract
February 22, 2013 8:23 AM ESTJCPenney (NYSE: JCP) is ticking higher in early trading Friday amid reports that cuts at the company headquarters are moving ahead as planned.
According to the NY Post, about 300 workers have received pink slips, signalling that they would no longer be... More
