J.c. Penney Dropped From S&p 500 Index

J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year. The retailer is being replaced by Allegion Plc, a provider of security for homes and businesses, according to a statement released by S&P Dow Jones Indices Friday. The retailer's downward spiral began during an ill-fated transformation strategy under former CEO Ron Johnson, who was fired in April after 17 months on the job. The company's stock has rebounded during the last month.Read more on NewsOK.com

ASK NEWS:
  • Bondholders Trade JC Penney Higher After Earnings, Ignoring Share ... - Forbes.com
    Bonds backing  J.C. Penney  advanced ... Shares dropped, however, with JCP ... Results were in line with the S&P Capital IQ consensus ...
    05/14/2015 - 11:55 am | View Link
  • U.S. stocks set for solid open with jobless claims, PPI in view - TD Ameritrade
    0.4%, to 18,087, while those for the S&P 500 index (ESM5 ... loss (http://www.marketwatch.com/story/jc-pe ...
    05/14/2015 - 6:00 am | View Link
  • More
BING NEWS:
  • Consumer Sentiment Plunge Lowers Odds of U.S. Growth Rebound
    The S&P 500 rose 0.1 percent to 2,122.73 at the close in New York ... Quarterly sales trailed analysts’ estimates at Kohl’s Corp. and J.C. Penney Co., the retailers reported this week. “Consumers are still very cautious,” said Stuart Hoffman ...
    05/15/2015 - 9:27 am | View Link
  • Bondholders Trade JC Penney Higher After Earnings, Ignoring Share Decline
    Bonds backing J.C ... Penney bonds. The company reported net sales of $2.86 billion during its fiscal first quarter ended May 2, up from $2.8 billion in the year-ago fiscal first quarter, according to a corporate filing. Results were in line with the S&P ...
    05/14/2015 - 5:06 am | View Link
  • Why J.C. Penney Stock Dropped 57% in 2013
    Retailer J.C. Penney (NYSE: JCP ) has had an abysmal 2013, with its 57% drop so far this year leading the ranks of decliners in the S&P 500 despite the stock market's gains of more than 25% during the same period. Fellow department store rivals Macy's ...
    12/12/2013 - 7:00 pm | View Link
  • J.C. Penney Dropped from S&P 500 Rises on Bond Upgrade
    Standard and Poor's announced late Friday that the struggling department store chain would be dropped from the S&P 500. J.C. Penney will be removed from the S&P 500 after the close of trading on Friday, Nov. 29 and replaced by Ingersoll-Rand's (IR ...
    11/25/2013 - 5:50 am | View Link
  • J.C. Penney being dropped from S&P 500
    Time Magazine is reporting: J.C. Penney is being dropped from the S&P 500 Index after its plummeting value made it “more representative of the mid cap market,” Standard & Poor said in a statement.
    11/25/2013 - 1:01 am | View Link
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BING SEARCH:
  • J.C. Penney Spikes on Optimism Over First-Quarter Outlook ...
    J.C. Penney charged higher after analysts at Piper Jaffray turned bullish on its stock. The firm raised its price target by a $1 to $14 and bumped first ...
    05/24/2015 - 7:47 pm | View Website
  • JCP Stock Quote
    Updated stock quote for jcp - including jcp stock price today, earnings and estimates, stock charts, news, futures and other investing data.
    05/24/2015 - 4:34 pm | View Website
  • JCP Stock Price & News
    May 14, 2015 Bondholders Not So Worried About J.C. Penney Barrons Blogs; May 14, 2015 JC Penney: Too Ambitious? Barrons Blogs; May 14, 2015 I Picked a Bad Day to Bet ...
    05/24/2015 - 11:04 am | 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.
    05/24/2015 - 10:57 am | View Website
  • JCP
    Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
    05/24/2015 - 7:51 am | View Website
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