J.C. Penney, the department store chain that has been in the midst of a turnaround as it works to undo the damage done by former CEO Ron Johnson, announced a strong holiday performance Tuesday, and ...
William Ackman of Pershing Square Capital Management is keeping his options open, but J.C. Penney Co. Inc. remains in the driver’s seat. The two entered into a registration rights agreement on Aug. 13 ...
PLANO, Texas (AP) — J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, evidence the chain is looking to shore up its cash reserves ahead of what is expected ...
J.C. Penney cut its profit forecast, plunging its stock to an all-time low while dragging its competitors with it. Penney’s shares fell more than 20 percent early Friday before slightly rebounding. By ...
J.C. Penney (NYSE: JCP) stock has plunged in 2017 as investors have started to become more skeptical about the company's turnaround prospects. While J.C. Penney expects to produce positive adjusted ...
could see improvements in its home goods business thanks to a rise in pending home sales, at least one investor is bearish on the Texas-based retailer today. This investor could be expecting a ...
Shares of J.C. Penney Co. plummeted nearly 15 percent Wednesday, a stumble on the department store chain's rough road to turn around its business.
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