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Jc Penney Stock

Statement Sends J.C. Penney Stock Tumbling

AP | Posted 01.23.2014 | Business

NEW YORK (AP) — J.C. Penney Co. tumbled 7 percent at the opening bell Wednesday after it issued a brief statement saying that it was "pleased with i...


AP | By STEVE ROTHWELL | Posted 01.23.2014 | Business

NEW YORK (AP) — J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year. ...

Rumor Causes J.C. Penney's Stock To Tank

Reuters | Posted 12.15.2013 | Business

(Reuters) - A J.C. Penney Co Inc spokeswoman denied a market rumor on Tuesday that the department store chain had hired bankruptcy counsel, as shares...

Kim Bhasin

Bill Ackman's Costly Defeat Marks End Of An Era For J.C. Penney | Kim Bhasin | Posted 08.27.2013 | Business

Three years ago, hedge fund billionaire Bill Ackman started buying shares in J.C. Penney. After two previous failures in the retail world, Ackman was ...

Report Of Big Shake Up Causes JCP Shares To Jump

AP | By ANNE D'INNOCENZIO AND MAE ANDERSON | Posted 10.08.2013 | Business

NEW YORK (AP) — A fight broke out Thursday over J.C. Penney's next CEO as a prominent activist investor William Ackman urged the company's board to ...

Bad News For J.C. Penney

Reuters | Posted 02.27.2013 | Business

Feb 27 (Reuters) - J.C. Penney Co Inc reported on Wednesday that sales at stores open at least a year fell 31.7 percent in the fourth quarter, steeper...