Comment On J.c. Penney Posts Loss; Stock Slumps

J.C. Penney Posts Loss; Stock Slumps

J.C. Penney swung to a loss in its latest quarter on restructuring costs and a 20% drop in sales. Its shares fell sharply, as the retailer also suspended its dividend.

Topics:  j.c penney   loss   
BING NEWS:
  • J.C. Penney Posts 1Q Beat as Sales Rebound
    J.C. Penney ... share loss of $1.25 and sales of $2.71 billion. The company also announced it obtained a new credit facility of $2.35 billion, replacing a $1.85 billion bank line. Shares rallied 15.2% in after-hours trading on Thursday. The stock is ...
    05/14/2014 - 9:00 pm | View Link
  • J.C. Penney posts lower fourth-quarter results, but shares surge
    But the company posted a lower-than-expected loss of 68 cents a share, vs. 85 cents forecast by Wall Street. Same-store sales were up 2% over the fourth quarter over a year ... says short traders were behind Penney's stock rally. "This is a pretty heavily ...
    02/26/2014 - 9:53 am | View Link
  • J.C. Penney posts big loss, but CEO is upbeat
    Expectations for J.C. Penney's second quarter were bleak. But the troubled retailer's performance was even worse than those forecasts. J.C. Penney reported a loss of $586 million ... after the market opened. The stock briefly dipped into the red by ...
    08/20/2013 - 1:00 pm | View Link
  • J.C. Penney posts bigger 1Q loss than expected
    Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in revenue. It marks the fifth-straight quarter that the company has posted large declines. The company's stock fell 2 percent in extended trading after the ...
    05/16/2013 - 8:35 pm | View Link
  • J.C. Penney posts bigger 1Q loss than expected
    Penney on Thursday reported that it widened its loss in the first quarter on a 16 percent drop in revenue. It marks the fifth-straight quarter that the company has posted large declines. The company’s stock fell 2 percent in extended trading after the ...
    05/16/2013 - 5:18 pm | View Link
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BING SEARCH:
  • JCP Stock Price & News
    J.C. Penney Co. Inc. Stock - JCP news, historical stock charts, analyst ratings, financials, and today’s J.C. Penney Co. Inc. stock price.
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  • JCP:New York Stock Quote
    Company Profile & Key Executives for JCP. J.C. Penney Company, Inc., through a subsidiary, operates department stores in the United States and Puerto Rico.
    01/23/2015 - 7:23 pm | View Website
  • J C Penney Company Inc
    J C Penney Company Inc, JCP real time stock quotes, news, videos at CNBC.com
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    01/22/2015 - 7:39 pm | View Website
  • JCP Message Board | J. C. Penney Company, Inc. Stock ...
    Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms.
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