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, 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 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
    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 - 3:13 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 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 - 10:53 am | View Link
  • More
BING SEARCH:
  • J C Penney Company Inc
    J C Penney Company Inc, JCP real time stock quotes, news, videos at CNBC.com
    11/22/2014 - 1:41 pm | View Website
  • J. C. Penney
    In 1962, J. C. Penney entered discount merchandising with the acquisition of General Merchandise Company which gave them The Treasury stores. These discount ...
    11/22/2014 - 1:06 pm | View Website
  • J. C. Penney Loss Prevention Officer Hourly Pay | Glassdoor
    Explore Loss Prevention Officer Salaries. Looking beyond J. C. Penney? Check out the latest Loss Prevention Officer Jobs or see Loss Prevention Officer Salaries at ...
    11/22/2014 - 11:33 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.
    11/22/2014 - 10:35 am | View Website
  • J.C. Penney CEO Ron Johnson to Leave
    J.C. Penney Co. dumped Ron Johnson ...
    11/22/2014 - 5:06 am | View Website
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