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   
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    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 ...
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    Company Name: J C Penney Corporation Inc., Stock Symbol: JCP, Last Post Date: 10/18/2014 10:42:42 AM, Total Posts: 5018, Industry Type: Retail - Chains
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