Is Ron Johnson's Time Up at J.C. Penney's (JCP)?

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Go back to Is Ron Johnson's Time Up at J.C. Penney's (JCP)?

Oppenheimer Downgrades J. C. Penney (JCP) to Perform

March 6, 2013 7:00 AM EST

Oppenheimer downgraded J. C. Penney (NYSE: JCP) from Outperform to Perform with a price target of $15.00 (from $30.00).

For an analyst ratings summary and ratings history on J. C. Penney click... More

Citi Downgrades J. C. Penney (JCP) to Neutral, Topline Growth Will Take Longer Than Expected

March 6, 2013 6:59 AM EST

Citi 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

J.C. Penney (JCP) Directors Could Push for Sale, According to DJ

March 5, 2013 3:14 PM EST

J.C. Penney (NYSE: JCP) directors could push for sale, according to DJ. Directors may also push for CEO exit.... 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 EST

Martha 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 EST

Jim 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

Vornado (VNO) Looks to Unload Massive JCPenney (JCP) Stake as Losses Become Too Much

March 5, 2013 7:29 AM EST

According 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

Ackman's Flagship Fund Slips 0.1% in Feb.; JCPenney (JCP), Herbalife (HLF) Didn't Help

March 4, 2013 5:13 PM EST

February was a cold month. It was even colder for some.

According to Reuters on Monday, Bill Ackman's flagship fund at Pershing Square fell 0.1 percent last month as two large holdings didn't act as he expected. For the year, the fund is up 3.6 percent.

Ackman... More

10 Million Share J.C. Penney (JCP) Stock Sale

March 4, 2013 5:02 PM EST

CNBC confirms 10 million share stock sale after the close in J.C. Penney. (NYSE: JCP). StreetInsider.com highlighted rumors of this earlier.... More

J.C. Penney (JCP) Falls to Lows on Rumors

March 4, 2013 3:39 PM EST

J.C. Penney Co., Inc. (NYSE: JCP) accelerates sell-off into the close. Chatter of an equity offering. Shares down 6.4 percent.... More

JCPenney (JCP) CEO Johnson Continues Testimony in Martha Stewart (MSO) Case (M)

March 4, 2013 10:49 AM EST

J.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