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Posts related to ‘JCP’

What’s Important in the Financial World (12/7/2011) Citigroup Job Cuts, China’s Economy Slows

A New Bailout Fund. Rumors suggest that leading eurozone nations, particularly France and Germany, may have begun the process to create a large bailout fund for the financially weak nations in ...
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November Same-Store Sales Mixed, Winners and Losers (LTD, TLB, COST, TGT, M, DDS, JWN, KSS, GPS, ROST, JCP, TJX, LULU, SSI, PIR)

Retailers are reporting November sales this morning and the results are decidely mixed. The best report we’ve seen so far this morning is from Limited Brands, Inc. (NYSE: LTD) and ...
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Retail Earnings… Very Mixed & Puzzling Bag (WMT, HD, SKS, TJX, SPLS, JCP, URBN, LOW)

A number of retailers reported earnings this morning, and the results might be summarized as “mixed” at best. Wal-Mart Stores Inc. (NYSE: WMT), Home Depot Inc. (NYSE: HD), Saks Inc. ...
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Media Digest (11/15/2011) Reuters, WSJ, FT, Bloomberg

The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti ...
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24/7 Wall St. Closing Bell (GMCR, LULU, NLY, M, HSY, CYAN, GSL, IVN, JCP, LOW, ZBB, DQ, BXG, PAY, SHZ, CADX, JKS)

Shares only briefly broke above last week’s close today, as decliners outnumber gainers by about 4 to 1 in the late afternoon. Tech stocks held up fairly well early as ...
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Top Active Trader Alert Stocks (CTRP, JCP, LOW)

Crude oil is at $98.02, down 0.98% Gold is at $1,782, down 0.36%. Hong Kong’s Hang Seng closed up 1.94% to 19,508. Japan’s Nikkei closed higher by 1.05% to 8,604. The U.S. 10-year is at 2.09%, up $0.o3. ...
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America’s Eight Worst-Performing Retail Chains

Filene’s Basement and parent company Syms declared bankruptcy recently. The situation is so grim that Syms will shutter all 46 locations, and 2,500 employees will lose their jobs. The company, ...
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A Retail Bankruptcy and October Same-Store Sales (SYMS, COST, TGT, M, JWN, JCP, KSS, LTD, AEO, ZUMZ, BKE, WTSLA)

October is not usually a strong month for retailers because shoppers take a break between the back-to-school buying and the coming holiday season. In October 2010, same-store retail sales rose ...
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Expected Price Gains at Mall Department Stores (M, JWN, KSS, JCP, SKS, DDS, SHLD)

A couple of weeks ago we looked at implied share price gains at several retailers, and today we’ll take a more focused look at mall anchor stores. Three retailers ...
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FedEx Adds to Seasonal Hiring Boost (FDX, BBY, JCP)

FedEx Corp. (NYSE: FDX) expects to handle more than 260 million packages during the coming holiday season. That’s a 12% increase from a year ago, and to cope with the ...
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The Retailers Hiring the Most Workers This Holiday Season

Each year, hundreds of thousands of temporary workers are hired by retailers to handle the demands of the holiday season. The number of seasonal workers added is considered a bellwether ...
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JCPenney Buys Liz Claiborne, A Brand No One Else Wants

JCPenney (NYSE: JCP) bought the Liz Claiborne brand from Liz Claiborne (NYSE: LIZ), along with other, smaller brand assets. The deal did not excite anyone on Wall St. JCPenney traded ...
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Holiday Retail Sales Growth Forecast — Half Last Year’s Total (TGT, M, JWN, JCP, DDS, LTD, GPS, SSI, ZUMZ, BKE, COST)

Retail sales for the coming holiday season are expected to be about 3% higher than 2010 sales. Not bad, considering that US GDP growth predictions are now below 2%; not ...
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Top Active Trader Alert Stocks (JCP, ERIC, TGT, YHOO)

Active traders and day traders have many stocks to choose from this Thursday morning. We are tracking news and  moves in shares of JC Penney Company, Inc. (NYSE: JCP), LM Ericsson Telephone ...
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Seasonal Retail Jobs Likely Softer (TGT, M, KSS, JCP, BBY, SHLD, TJX, XRT)

U.S. retailers hired more than 627,000 seasonal workers during the October-December 2010 holiday season, a welcome boost from the mere 231,000 seasonal workers put on in 2008. Prospects for 2011 ...
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