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J.C. Penney Company, Inc. (NYSE:JCP) Shows Improvement In Sales

Boston, MA 10/10/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) recently reported that the trends of sales improved in September but also noted that, turning around the retailer is still in the early stages. Last month, the sales fell 4% which is an improvement over the double digit declines in the month of August and the […]

J.C. Penney Company, Inc. (NYSE:JCP) On The Verge Of Bankruptcy

Boston, MA 10/07/2013 (wallstreetpr) – Shares of J.C. Penney Company, Inc. (NYSE:JCP) is up 0.89% and trading at $7.92. The 52-week price range of company’s stock stood at $7.76 to $27.00. The company recently touched a 31-year low of $7.82. This speaks of the long term prospects that the investors have had about the company’s stock. […]

J.C. Penney Company, Inc. (NYSE:JCP) Rated “Junk” In Latest Report

Boston, MA 10/04/2013 (wallstreetpr) – That J.C. Penney Company, Inc. (NYSE:JCP) is not in proper health is no longer a rumor. A confirmation to this effect has been issued by rating agency Fitch in their latest report. The agency has issued CCC junk rating on the stock, a downgrade from the previous B-. The reason for […]

J.C. Penney Company, Inc (NYSE:JCP) stock trading down

Boston, MA 10/02/2013 (wallstreetpr) – In another big move, Richard Perry, the hedge fund manager, offloaded a huge wedge of J.C. Penney Company, Inc (NYSE:JCP) stock. When the company’s stock gets dragged down by 30% in just one week, with almost 100 million shares exchanging hands on a particular day, it is indicative of the fact […]

Is J.C. Penney Company, Inc (NYSE:JCP) On The Verge Of Bankruptcy

Boston, MA 10/01/2013 (wallstreetpr) – J.C. Penney Company, Inc (NYSE:JCP) has abridged its end cash reserves projections for the year 2013. The company has decided to issue $1 billion in new shares and on this news, the stock fell 13.15% on Friday. The company has a total market capitalization of $2 billion and around 39.34 […]

The new marketing head of J.C. Penney Company, Inc (NYSE:JCP)

Boston, MA 08/07/2013 (wallstreetpr) – On Monday, Debra Berman is appointed as senior vice-president of marketing of J.C. Penney Company, Inc (NYSE:JCP). Berman was before in a Kraft Foods official. The JCP work had been vacant for 14 months and the organization required a fit hand to strategize promoting during an era when the organization is […]

J.C. Penney Company Inc. (NYSE:JCP) stock down by 3.33%

Boston, MA 07/18/2013 (wallstreetpr) – Ever since the tenure of earlier Chief Executive Officer of J.C. Penney Company Inc. (NYSE:JCP), Ron Johnson turned out to be a failure, there had been growing concerns among the investors whether the major discount retailer with 1109 department stores across United States is taking a major fall. It had been […]

J.C. Penney Company, Inc. (NYSE:JCP) focus on company progress

Boston, MA 05/20/2013 (wallstreetpr) – The share prices of J.C. Penney Company, Inc. (NYSE:JCP) had plunged by 4.15 percent to reach $18.01 due to its reported net losses for the first quarter, 2013. The retailer operating 1102 department stores in 49 states and Puerto Rico had been trading in the intraday range of $17.55 to […]

More executives leaving J.C. Penney Company, Inc. (NYSE:JCP) sinc CEO Johnson left – AAPL

Boston, MA 04/19/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) (Current: $15.10, Down by: 0.40%) said that two more executive who were appointed by the company’s ex-Chief Executive Officer Ron Johnson have also left the Texas-headquartered department stores chain retailer. Michael Kramer, chief operating officer, and Chief Talent Officer Daniel Walker are the executive who […]

Operations Chief Follows Suit after CTO Quits J.C. Penney Company, Inc. (NYSE:JCP)

Boston, MA 04/19/2013 (wallstreetpr) – J.C. Penney Company, Inc. (NYSE:JCP) (Closed: $15.16, Up by 2.64%) announced the quitting of their current operations chief Michael Kramer. This news came at the heels of Daniel Walker’s decision to leave. He was the Talent Head for the company until recently. Spokesperson from J.C. Penny confirmed the reports and […]

J.C. Penney Company, Inc.(NYSE:JCP) replaces Johnson

Boston, MA 04/09/2013 (wallstreetpr) – A radical break was made by the J.C. Penney Company, Inc.(NYSE:JCP) (Current: $15.87, Up by 2.72%) with a tradition by hiring a Silicon Valley wunderkind Ron Johnson as its Chief executive officer. Since Johnson is gone, the chain should pursue even more such radical options, such as one of the […]

Lenders revise Credit line -J.C Penney out of the blues – JCP, JPM, BAC & HLF

Boston, MA 02/25/2013 (wallstreetpr) – J.C. Penney Company, Inc (NYSE:JCP), the retailer has been reeling under losses of the last five consecutive quarters and William Ackman, hedge fund manger finally heaved a sigh of relief as he got lender clearance to the tune of billions of dollars, if necessary to clear its mounting debts and […]

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