J.C. Penney (JCP) IDRs Downgraded to B- at Fitch
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February 28, 2013 10:05 AM EST
UBS slashed its price target on J. C. Penney (NYSE: JCP) from $13 to $10 while reiterating its Sell rating. The firm called Q4 "sobering" with no signs of relief.
The company left bulls with little to hold on to, according to the firm. "JCP... More
February 28, 2013 10:04 AM EST
Just when you think things for JCPenney (NYSE: JCP) can't get any better, they absolutely can.
On the retailer's quarterly call Wednesday, CEO Ron Johnson said the company has been working with marketing guru Sergio Zyman since last autumn. Coincidentally, Zyman was the "mastermind" behind one of the... More
February 28, 2013 8:00 AM EST
Sears Holdings (Nasdaq: SHLD) and new CEO Eddie Lampert should be thanking at least one competitor for strong quarterly results: JCPenney (NYSE:... More
February 27, 2013 4:41 PM EST
J.C. Penney Co., Inc. (NYSE: JCP) is trading down 7 percent following weak results and comps. The company reported Q4 EPS of ($1.95), $1.77 worse than the analyst estimate of ($0.18). Estimates may not compare. Revenue for the quarter came in at $3.88 billion versus the consensus estimate... More
February 27, 2013 4:34 PM EST
(Updated - February 27, 2013 4:38 PM EST)
J.C. Penney Co., Inc. (NYSE: JCP) reported Q4 EPS of ($1.95), $1.77 worse than the analyst estimate of ($0.18). Estimates may not compare. Revenue for the quarter came in at $3.88 billion versus the consensus estimate of $4.08 billion.
Comparable... More
