Cramer: JCPenney (JCP) Needs to Win Martha Stewart (MSO) Trial (M)
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Judge orders Macy's (M), JCPenney (JCP) to go to Mediation (MSO)
March 7, 2013 4:19 PM ESTJudge orders Macy's (NYSE: M), J.C. Penney (NYSE: JCP) to go to mediation in Martha Stewart Omnimedia (NYSE: MSO) case.... 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
UPDATE: BofA/Merrill Lowers J.C. Penny (JCP) Price Target to $13, May Tap Revolver This Quarter
March 5, 2013 10:58 AM EST(Updated - March 5, 2013 11:21 AM EST)
BofA/Merrill Lynch today maintained an Underperform rating on J. C. Penney (NYSE: JCP) and lowered its price target of $13.00 (from $16.00).
Analysts Lorraine Hutchinson said J.C. Penny was likely to draw down on its $1.85... 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
Vornado (VNO) Looks to Unload Massive JCPenney (JCP) Stake as Losses Become Too Much
March 5, 2013 7:29 AM ESTAccording to reports late Monday, Vornado (NYSE: VNO) has decided to exit a substantial portion of its massive stake in JCPenney (NYSE: JCP).
Deutsche Bank is said to be shopping a 10 million block of stock held by... More
Macy (M) Seeks to Expand Ban on Martha Stewart Products at J.C. Penney (JCP)
March 4, 2013 5:14 PM ESTIn addition to a large 10 million shares stock sale, shares of J.C. Penney (NYSE: JCP) moved lower after-hours on Monday on reports that Macy's (NYSE: M) was seeking to expand a preliminary ban on sales of Martha Stewart... More
JCPenney (JCP) CEO Johnson Continues Testimony in Martha Stewart (MSO) Case (M)
March 4, 2013 10:49 AM ESTJ.C. Penney Co., Inc. (NYSE: JCP) CEO Ron Johnson is testifying again in the Macy's (NYSE: M)/Martha Stewart Omnimedia (NYSE: MSO) case this morning.
Johnson said, in part, he wouldn't have entered a contract "if Macy's deal was breached."
Shares of JCPenney are down 1.6 percent Monday.... More
