JCPenney (JCP) Holders Look for Little Glimmer of Hope with Q4 Results
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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
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
J.C. Penney (JCP) Says Layoffs 'Much Smaller' Than Reports State - CNBC
February 22, 2013 10:33 AM ESTJ.C. Penney Co., Inc. (NYSE: JCP) is saying that layoffs are going to be much smaller than the NY Post is reporting, according to CNBC.... More
J. C. Penney (JCP) Higher; Are Comps Back to Flat?
February 20, 2013 10:54 AM ESTShares of J. C. Penney (NYSE: JCP) are higher Wednesday following positive commentary around SSS, with one analyst saying that comps could be flat. This would be a huge improvement considering last quarter comps were down 26.1%.
Separately, analysts at Deustche Bank said in a report today that "promotions are back big time," although they said they are having only a modest impact.... More
