JCPenney (JCP) CEO Johnson Continues Testimony in Martha Stewart (MSO) Case (M)
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Citi Downgrades J. C. Penney (JCP) to Neutral, Topline Growth Will Take Longer Than Expected
March 6, 2013 6:59 AM ESTCiti downgraded J. C. Penney (NYSE: JCP) from Buy to Neutral with a price target of $22.00 (from $15.00). Analysts said they were concerned topline growth would take longer than expected and were less convinced management's strategies would drive sales improvement.
For an... More
Is Ron Johnson's Time Up at J.C. Penney's (JCP)?
March 5, 2013 3:37 PM ESTJ.C. Penney's (NYSE: JCP) Board of Directors may be finally taking matters into their own hands... According to late reports from the Wall Street Journal, the board could push for a sale of the company or seek to replace embattled CEO Ron Johnson.... More
Martha Stewart (MSO) Takes Stand in Macy's (M), JCPenney (JCP) Case
March 5, 2013 9:39 AM ESTMartha Stewart is said to take the witness stand in the Martha Stewart Living Omnimedia, Inc. (NYSE: MSO), Macy's (NYSE: M), JCPenney (NYSE: JCP) case.... More
Cramer: JCPenney (JCP) Needs to Win Martha Stewart (MSO) Trial (M)
March 5, 2013 8:21 AM ESTJim Cramer is out with a brief observation on the JCPenney (NYSE: JCP), Martha Stewart Omnimedia (NYSE: MSO), and Macy's (NYSE: M) litigation today.
From Cramer's... More
JCPenney (JCP) Taps Legendary 'New Coke' Mastermind in Turnaround Effort
February 28, 2013 10:04 AM ESTJust 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
