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You Searched For "JC Penney" and got 20 results


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JC Penney Shares Are Getting Slammed

Basically, J.C. Penney has been pushed out of its comfort zone to draw in shoppers and investors th…

Mamta Badkar   


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1 min read

Bill Ackman Blasts Former JC Penney CEO Ron Johnson For Lack Of 'Physical Presence'

The hedge fund manager admitted that Johnson had the "right vision" for the future of JC Penney, bu…

Matthew Boesler   


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JC Penney Shares Erase An 8% Gain

"Comparable store sales declined 11.9% in the quarter, and were negatively impacted by the Company`…

Sam Ro   


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2 mins read

JCPenney Draws $875 Million, Faces 'Alarmingly High' Cash Burn Rate, Says Analyst

More worrisome is the fact that the firm managed to extract only $850 million on $2.3 billion in In…

Max Nisen   


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TO BE CLEAR: JC Penney May Have Just Had The Worst Quarter In Retail History

On the ensuing conference call, JC Penney's new CEO Ron Johnson took responsibility for the mistake…

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PROFESSOR: 'JC Penney Serves No Compelling Customer Purpose'

Customers are likely to walk through the 'old J.C. Penney' part of the store thinking "this is pret…

Max Nisen   


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Some Traders Think JC Penney Is In The Perfect Position For A Short Squeeze

So far the stock today has been steadily below the price offered, but it hasn't plummeted more than…

Linette Lopez   


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JC Penney Looks Like The Cheapest Stock In The Whole Market

Then Yale economist Robert Schiller standardized that to ten years, and the cyclically adjusted pri…

Linette Lopez   


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1 min read

JC Penney would like investors and regulators to know that someone messed up

On April 13, 2015, J. C. Penney Company, Inc. (the "Company") became aware that a senior official o…

Myles Udland   


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JC Penney Shares Implode After Company Says They'll Bring Back Old CEO

JC Penney had hired Ron Johnson from Apple to revamp its stores in an effort to boost sales. Howev…

Sam Ro   


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JC Penney Reminds Everyone That Its Crappy Quarter Should Be Blamed On Bill Ackman And Ron Johnson

"Comparable store sales declined 11.9% in the quarter, and were negatively impacted by the Company`…

Sam Ro   


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2 mins read

Even If JCPenney Raises Serious Cash From This Share Offer, It Will Need A Historic Holiday Season To Survive

"Real estate is tied to prior round of financing," he said. "[The] company did tell me they have 10…

Linette Lopez   


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JC Penney Shares Explode

JC Penney defined the holiday shopping period as the combined nine weeks in November and December, …

Myles Udland   


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3 mins read

JC Penney's CEO just signaled the end of retail as we know it

Ellison, who became the CEO of JC Penney in 2015 after a 12-year stint at Home Depot, was tasked wi…

Mary Hanbury   


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JC Penney Reports Another Horrific Quarter

"Comparable store sales declined 11.9% in the quarter, and were negatively impacted by the Company`…

Sam Ro   


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JC Penney Shares Are Getting Annihilated Right Now

JC Penney shares instantly tanked in after-hours trading after the department store chain reported …

Sam Ro   


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ANALYST: It Looks Like JC Penney Is Deferring Payments To Suppliers To Shore Up Cash

JCP deferring vendor payments to shore up cash? Inventory dropped 20% y/y, still above JCP's -32% S…

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Three More Top JC Penney Executives Have Left

As first reported by The Post, Chief Operating Officer Mike Kramer, Chief Talent Officer Daniel Wal…

Sam Ro   


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REPORT: Dan Loeb Also Bet Against Bill Ackman On JC Penney

Mr. Loeb had taken a short position in J.C. Penney, JCP 0.00% a retailer that Mr. Ackman has sought…

Linette Lopez   


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2 mins read

Ron Johnson's Stunning 97 Percent Pay Cut Shows Why Execs Should Fear Turnarounds

This year, Johnson got no stock, no bonus, and saw his base pay cut, according to JC Penney's proxy…

Max Nisen