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:
  • Morning Movers: JPMorgan Gains on Earnings Beat; JC Penney Slips - Chicago Daily Herald
    Morning Movers: JPMorgan Gains on Earnings Beat; JC Penney Slips - Minyanville
    04/14/2015 - 9:24 am | View Link
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BING NEWS:
  • What Everybody Ought to Know: Complementary Research on J. C. Penney Company, CSX Corp, Alcatel-Lucent, Nokia Corporation and Intel Corporation
    The Dow Jones industrial average fell 6.84 points, or 0.04%, to end at 18,105.77; the S&P 500 lost 1.64 points ... According to an article on Reuters, J.C. Penney Co Inc (J.C. Penney) announced on April 14, 2015 that a senior executive of the Company ...
    04/18/2015 - 1:59 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 to be dropped from S&P 500; shares under pressure
    IR), which will remain in the S&P 500. J.C. Penney shares have dropped 55 percent this year, leaving the company with a market cap of $2.7 billion. The lowest market cap stock on the index on Friday was Abercrombie & Fitch Co. (NYSE:ANF) at $2.1 billion.
    11/25/2013 - 1:58 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 Company, Inc. Stock Quote JCP | DailyFinance
    J.C. Penney Company, Inc. (JCP) Description. The Company sells family apparel, jewelry, shoes, accessories and home furnishings to customers through department stores ...
    04/20/2015 - 4:17 pm | View Website
  • J.C. Penney soars on good holiday news
    JC Penney shareholders are breathing a huge sigh of relief. Despite the department store's recent struggles, J.C. Penney said on Tuesday that its sales ...
    04/20/2015 - 11:02 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.
    04/20/2015 - 5:04 am | 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 ...
    04/19/2015 - 5:34 am | View Website
  • J C Penney Company Inc Facing Whistleblower Complaint [REPORT]
    According to a March 23rd article from Fortune, troubled retailer J C Penney is facing a whistleblower lawsuit from a disgruntled employee who claims the ...
    03/23/2015 - 5:16 am | View Website
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