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

  • UPDATE: U.S. stock futures pare losses on strong retail-sales report - TD Ameritrade
    0.2%, to 17,624, while futures for the S&P 500 were down 4 ... http://www.marketwatch.com/story/jc-pen ...
    05/13/2016 - 11:03 am | View Link
  • UPDATE: U.S. stock futures in the red ahead of retail-sales report, ... - TD Ameritrade
    0.4%, to 17,605, while futures for the S&P 500 were down 6 ... http://www.marketwatch.com/story/jc-pen ...
    05/13/2016 - 8:30 am | View Link
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    What: J.C. Penney shares climbed after the ... The company's shares closed March at $11.06 but had dropped to $9.28 when the market closed on April 30. That's a 16% drop, according to data provided by S&P Global Market Intelligence. It's worth noting ...
    05/14/2016 - 8:06 am | View Link
  • J C Penney Company Inc (JCP) Shares Down 8.3% on Analyst Downgrade
    Shares of J C Penney Company Inc (NYSE:JCP) dropped 8.3% on Friday after JPMorgan Chase & Co ... in a report on Thursday, January 7th. S&P Equity Research raised shares of J C Penney Company from a “hold” rating to a “buy” rating in a report ...
    05/6/2016 - 11:04 am | View Link
  • Can J.C. Penney Continue Beating The Market?
    J.C. Penney (NYSE:JCP) has turned in an impressive performance on the stock market so far this year, appreciating close to 18%, while indexes such as the Dow Jones and the S&P 500 have dropped almost 6%. This clearly indicates that Penney is carrying ...
    02/17/2016 - 11:56 am | 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 - 5:39 am | View Link
  • J.C. Penney dropped from S&P 500 index
    But the changes that were meant to attract younger, wealthier shoppers, wound up turning off its loyal middle-income, middle-age customers who favor sales and basic merchandise like loose-fitting khakis J.C. Penney will join the S&P MidCap 400. The change ...
    11/22/2013 - 10:43 am | View Link
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    About that resilient consumer and the tremendously low unemployment rate of 5%, maybe someone should tell Macy’s why their sales and profits continue to plummet.
    05/23/2016 - 7:55 am | View Website
  • Stock Quote JCP J. C. Penney Company, Inc.
    J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States.
    05/23/2016 - 7:55 am | View Website
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