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 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 big 2Q loss, but worst may be over
    But investors sent Penney shares up six percent to nearly $14 — after having pushed the stock down nearly 70 percent in the last ... That compares with a loss of $147 million, or 67 cents per share, a year earlier. Revenue was $2.66 billion, down 11.9 ...
    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:
  • J. C. Penney
    Online Only, Orders Over $100. Extra 25% Off* with your JCPenney Credit Card. Or, Extra 20% Off* with any other method of payment. In Store and Online
    12/22/2014 - 2:29 am | View Website
  • J C Penney Company Inc
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    12/21/2014 - 8:24 pm | View Website
  • 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.
    12/21/2014 - 12:03 pm | View Website
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  • 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 ...
    12/20/2014 - 6:38 pm | View Website
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