JCPenney (JCP) Sales Fell 10%+ in Q1 - DJN

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J.C. Penney (JCP) Extends Losses Following CEO Shakeup

April 10, 2013 10:54 AM EDT

J.C. Penney (NYSE: JCP) stock turned negative in early trading on Wednesday, extending a decline that began late on Monday following the resignation of CEO Ron Johnson.

Johnson was replaced by former CEO Mike Ullman. Ullman is stepping in on... More