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Posts related to ‘JCP’

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Why J.C. Penney Financing Buys Years of Operating Safety

Posted: April 29, 2013 at 2:04 pm

Retailer J.C. Penney Co. Inc. (NYSE: JCP) said this morning that it has received a commitment from Goldman Sachs Group Inc. (NYSE: GS) for a five-year $1.75 billion senior secured ...
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24/7 Wall St. Closing Bell — Friday: Markets Open Low, Close Mixed

Posted: April 26, 2013 at 4:06 pm

U.S. equity markets opened lower this morning after hearing that U.S. GDP growth in the first quarter came in at 2.5%, well below the expected 3.1% (more coverage here). U.S. ...
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Soros Stake in J.C. Penney Lifts Shares

Posted: April 26, 2013 at 8:45 am

Investor George Soros reported last night that he had taken a 7.9% stake in J.C. Penney Co. Inc. (NYSE: JCP), and the news has lighted a small fire under the ...
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Will George Soros Press J.C. Penney to Close Stores?

Posted: April 26, 2013 at 6:38 am

Billionaire investment god George Soros has bought 7.9% of J.C. Penney Co. Inc. (NYSE: JCP). His filing with the Securities and Exchange Commission said the investment is passive, but Soros ...
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Media Digest (4/26/2013) Reuters, WSJ, NY Times, FT

Posted: April 26, 2013 at 6:37 am

First-quarter gross domestic product probably will run about 3%, but the momentum likely has fallen off since. (Reuters) The Bank of Japan believes it can reach its inflation targets by 2015. ...
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Is Martha Stewart Paid Too Much?

Posted: April 25, 2013 at 11:00 am

The highest paid person at Martha Stewart Omnimedia Inc. (NYSE: MSO) is -- surprise! -- Martha Stewart. Her base salary for 2012 was $2 million, and her total compensation for ...
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J.C. Penney Outsources Turnaround

Posted: April 24, 2013 at 6:35 am

If The Wall Street Journal is accurate, J.C. Penney (NYSE: JPC) has hired turnaround firm AlixPartners to help it "identify cost savings and manage cash flow." In other words, the battered ...
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Media Digest (4/24/2013) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 24, 2013 at 6:34 am

Apple Inc.'s (NASDAQ: AAPL) new dividend will allow management a period to recover earnings growth while offering investors a return. (Reuters) Amazon.com Inc. (NASDAQ: AMZN) may use its consumer database ...
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Media Digest (4/19/2013) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 19, 2013 at 6:39 am

Blackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters) Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters) Google Inc. ...
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Court Denies Restraining Order on J.C. Penney

Posted: April 18, 2013 at 12:53 pm

In decision we predicted yesterday, a New York State appellate court judge denied a request from Macy’s Inc. (NYSE: M) prohibiting J.C. Penney Co. Inc. (NYSE: JCP) from selling goods ...
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Sales of Martha Stewart Products at J.C. Penney Blocked

Posted: April 17, 2013 at 10:00 am

A judge of the New York state appeals court has issued a temporary order that prevents J.C. Penney Co. Inc. (NYSE: JCP) from selling certain home products designed by Martha ...
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24/7 Wall St. Closing Bell — April 16, 2013: Markets Open Higher, Recover Some Lost Ground

Posted: April 16, 2013 at 4:06 pm

U.S. equity markets opened higher this morning, getting off to a good start in an effort to recover some of the ground lost yesterday. A jump in U.S. new home ...
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Media Digest (4/16/2013) Reuters, WSJ, NYT, FT, Bloomberg

Posted: April 16, 2013 at 6:48 am

Softbank probably will pursue its bid for Sprint Nextel Corp. (NYSE: S), even though DISH Network Corp. (NASDAQ: DISH) has made a bid of its own. (Reuters) The European Union may ...
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No Advertising Recovery at Martha Stewart

Posted: April 16, 2013 at 6:46 am

As Martha Stewart Omnimedia Inc. (NYSE: MSO) prepares it first-quarter earnings release, one piece of bad news is sure to be included. Print advertising at its flagship magazine, which is ...
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J.C. Penney, Martha Stewart Win Another Round in Battle with Macy’s

Posted: April 12, 2013 at 11:20 am

A New York Supreme Court justice this morning threw out a claim of unfair competition brought by Macy’s Inc. (NYSE: M) against J.C. Penney Co. Inc. (NYSE: JCP) and Martha ...
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