-
'Room For Disappointment': Stock Market Update For The Week Ahead
Monday, September 14, 2020 - 7:10am | 2287Read More...The Past Week, In A Nutshell What Happened: Last week ended negative on relative weakness in the technology sector. Remember This: “While valuations have hinted to overstretched markets in the past, it’s tough to say where stocks should be trading right now. We just witnessed the...
-
Fintech Focus For September 10, 2020
Wednesday, September 9, 2020 - 8:24pm | 2279Read More...Quote Of The Day: Love is a serious mental disease. - Plato Fintech Movers: M1 Finance, a platform for money management, announced it surpassed $2 billion in assets. - Benzinga Carrot to expand its dividend tech. Long-Term Stock Exchange opens. Binance enters the Turkish market. Displayed markets...
-
Retail's Last Hope: Store Credit Card Profits?
Saturday, May 20, 2017 - 9:20am | 846Read More...The financial struggles of American retailers were underscored by quarterly earnings reports from companies in the space. The Trends In Retail Stocks Shares of J C Penney Company Inc (NYSE: JCP) were hammered on May 12, falling about 14 percent after JC Penney's reported a revenue miss. Ahead...
-
JC Penney Tanks Following Q3 Report
Friday, November 11, 2016 - 8:53am | 112Read More...Shares of J C Penney Company Inc (NYSE: JCP) fell 9 percent early Friday. The department store chain said it lost $0.21 per share, which matched analysts expectations. Revenue of $2.86 billion missed by $0.10 billion. Comparable sales fell 0.8 percent during the quarter. Net loss...
-
Deutsche Bank's Top 10 Takeaways From Buy-Rated JCPenney's Analyst Day
Thursday, August 18, 2016 - 12:28pm | 366Read More...Paul Trussell, an analyst at Deutsche Bank, attended J C Penney Company Inc (NYSE: JCP)'s Analyst Day event and stated that the company presented a "readily achievable" three-year plan. Despite Trussell's optimism, he acknowledged that the bears will require "more reassurances" that JCPenney's near...
-
This Investment Pro Makes The Case To Own JCPenney's Stock
Monday, May 23, 2016 - 10:03am | 273Read More...J C Penney Company Inc (NYSE: JCP) has seen its stock tumble nearly 20 percent over the past month as investor appetite for department store and retailers have diminished amid poor quarterly results. Craig Hodges of Hodges Capital Management was a guest on CNBC Monday to explain the case for...
-
Ex-JC Penney CEO On Retailers: Give Consumers A Reason To Buy...And They Will
Friday, May 20, 2016 - 12:41pm | 279Read More...Allen Questrom knows a thing or two about retail having served in senior executive positions at various stores, including CEO of J C Penney Company Inc (NYSE: JCP) between 2000 to 2005. Speaking as a guest on CNBC, Questrom offered a simple formula for retailers to attract the attention of...
-
JCPenney Announces Two Additions To Board Of Directors: Who Are They?
Tuesday, March 1, 2016 - 9:21am | 248Read More...J C Penney Company Inc (NYSE: JCP) announced after Monday's market close that its Board of Directors appointed 2 new members. Lisa Payne, vice chairman of Taubman Centers, Inc. (NYSE: TCO) and J Paul Raines, CEO of GameStop Corp. (NYSE: GME) will join the company's board and bring their respective...
-
JC Penney Appoints Joe McFarland As VP Of Stores, Will Lead Operations At All 1,000 Stores
Tuesday, January 19, 2016 - 10:16am | 222Read More...J C Penney Company Inc (NYSE: JCP) on Monday announced the appointment of Joe McFarland as executive vice president of stores, effective immediately. McFarland will oversee operations at all of JC Penney's approximate 1,000 stores. The executive brings over 20 years of retail...
-
Nordstrom Succeeding In A Dying Brick-And-Mortar World
Friday, August 14, 2015 - 8:31am | 529Read More...Nordstrom, Inc. (NYSE: JWN) is trending up after closing down 0.78 percent on Thursday. The retailer was up nearly 5 percent in Friday's pre-market session, which could be attributed to the firm's updated guidance. Nordstrom raised its FY15 sales growth guidance from 7-9 percent to 8.5-...
-
Benzinga's Upgrades for May 15, 2013
Wednesday, May 15, 2013 - 2:15pm | 11Read More...Check out these stock upgrades for this date of Wednesday, May 15.
-
J.C. Penney, Navistar and Other Stocks Insiders Are Buying
Friday, November 23, 2012 - 1:34pm | 960Read More...Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
-
Retailers Hoping for a Black Friday Miracle (BBY, JCP, RSH, SHLD)
Tuesday, November 20, 2012 - 4:26pm | 845Read More...A number of retailers have struggled in 2012, most notably Best Buy (NYSE: BBY), JCPenney (NYSE: JCP), RadioShack (NYSE: RSH) and Sears Holdings (NYSE: SHLD). All have seen their stocks fall notably. However, given their vulnerable states, modest successes this holiday season might result in...
-
Four Retail Stocks That Doubled in Six Months (BONT, LL, OSTK, ZLC)
Monday, November 5, 2012 - 3:22pm | 853Read More...Major retailers are beginning to share their third-quarter results, with JCPenney (NYSE: JCP), Macy's (NYSE: M) and Nordstrom among those on tap this week, and with big-box store operators Home Depot (NYSE: HD), Target (NYSE: TGT) and Walmart (NYSE: WMT) on the schedule for next week. Between that...
-
Earnings Expectations for the Week of November 5
Saturday, November 3, 2012 - 10:05am | 878Read More...The focus this week naturally will be on the presidential election and the aftermath of Hurricane Sandy. But on the earnings front, it is time for retailers to begin stepping into the spotlight. Here is a peak at what analysts expect to see from retailers for the period leading up to the holiday...
