Similar Stories to J.c. Penney Quarterly Loss Halves, Sales Still Fall Amid Turnaround on Bing News

Reuters: Business News, Reuters: Business
Thu, 08/15/2019 - 9:20am

J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Thursday, as the department store operator's efforts to cut costs and shutter unprofitable businesses paid off, sending shares of its penny stock higher by as much as 14%.

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