Bloodbath at JCPenney (JCP) Continues With Company Struggling to Mount Turnaround

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Go back to Bloodbath at JCPenney (JCP) Continues With Company Struggling to Mount Turnaround

JCPenney (JCP) Affirms Plans to Cut Additional 2,200 Jobs

March 7, 2013 5:16 PM EST

JCPenney (NYSE: JCP) is seen cutting up to 2,200 jobs amid plunging sales at the discount retail chain.

Bloomberg reports that cuts will come in back-office administration in both stores and district offices, as well as certain store leadership positions. Comments were... More

Northcoast Research Upgrades J. C. Penney (JCP) to Neutral

March 7, 2013 8:02 AM EST

Northcoast Research upgraded J. C. Penney (NYSE: JCP) from Sell to Neutral.

For an analyst ratings summary and ratings history on J. C. Penney click here. For more ratings news on J. C. Penney click here.

Shares of J. C. Penney closed at $14.43 yesterday, with a 52 week range of $14.20-$39.73.... More

JCPenney (JCP) Offers Another 'Unbelievable' Coupon to Lure in Shoppers...

March 6, 2013 2:22 PM EST

J.C. Penney (NYSE: JCP) is having another unbelievable sales. Literally.

As noted on CNBC this afternoon, J.C. Penney is circulating a coupon offering... More

J.C. Penney (JCP) Directors Could Push for Sale, According to DJ

March 5, 2013 3:14 PM EST

J.C. Penney (NYSE: JCP) directors could push for sale, according to DJ. Directors may also push for CEO exit.... More

Vornado (VNO) Looks to Unload Massive JCPenney (JCP) Stake as Losses Become Too Much

March 5, 2013 7:29 AM EST

According to reports late Monday, Vornado (NYSE: VNO) has decided to exit a substantial portion of its massive stake in JCPenney (NYSE: JCP).

Deutsche Bank is said to be shopping a 10 million block of stock held by... More

10 Million Share J.C. Penney (JCP) Stock Sale

March 4, 2013 5:02 PM EST

CNBC confirms 10 million share stock sale after the close in J.C. Penney. (NYSE: JCP). StreetInsider.com highlighted rumors of this earlier.... More

J.C. Penney (JCP) Falls to Lows on Rumors

March 4, 2013 3:39 PM EST

J.C. Penney Co., Inc. (NYSE: JCP) accelerates sell-off into the close. Chatter of an equity offering. Shares down 6.4 percent.... More