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 lower fourth-quarter results, but shares surge
    But the company posted a lower-than-expected loss of 68 cents a share ... says short traders were behind Penney's stock rally. "This is a pretty heavily shorted stock, so I'm sure a lot of this is short-covering after (Penney) managed to beat really ...
    02/26/2014 - 9:53 am | View Link
  • J.C. Penney Posts Profit On Tax Gains, Stock Up 14%
    ... Penney shares gained 14 percent in after-hours trade on the New York Stock Exchange on top of a near 6 percent rally at the close of markets. Excluding items, J.C. Penney's loss for the quarter was lesser than what Wall Street estimated while revenue ...
    02/26/2014 - 9:46 am | View Link
  • J.C. Penney posts big loss, but CEO is upbeat
    Click the chart to trask shares of J.C. Penney. NEW YORK (CNNMoney) 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 ...
    08/20/2013 - 2:13 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-than-expected loss
    In May, Penney's stock plunged 20 percent in its biggest decline in four decades after the retailer posted a larger-than expected quarterly adjusted loss of 25 cents and a 20.1 percent drop in revenue in its first quarter because of the poor reception from ...
    08/10/2012 - 4:45 pm | View Link
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BING SEARCH:
  • J.C. Penney CEO Ron Johnson to Leave
    J.C. Penney Co. dumped Ron Johnson ...
    10/31/2014 - 5:31 pm | View Website
  • J C Penney Company Inc
    J C Penney Company Inc, JCP real time stock quotes, news, videos at CNBC.com
    10/31/2014 - 11:11 am | View Website
  • 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.
    10/31/2014 - 8:41 am | View Website
  • J. C. Penney Loss Prevention Officer Hourly Pay | Glassdoor
    Average hourly pay for J. C. Penney Loss Prevention Officer: $12. J. C. Penney hourly pay trends based on hourly pay posted anonymously by J. C. Penney employees.
    10/31/2014 - 6:18 am | View Website
  • JCP Stock Quote
    J.C. Penney still expects positive free cash flow for fiscal 2014. 12:16 p.m. Oct. 8, 2014 - Tomi Kilgore
    10/30/2014 - 9:07 pm | View Website
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