Why JC Penney Stock Is Going to Zero
There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more next year.
There was little doubt that J.C. Penney would file for bankruptcy protection. Its reorganization plan is mainly about the real estate. The retailer expects to close 200 stores this year and more next year.
Altria's share price is falling. Its investments have been busts, and hedge funds and shareholders are getting cranky. Even the dividend hasn't made investors happy.
Canadian pot grower Aurora Cannabis posted a solid beat over analysts' revenue expectations and shares are booming as a result.
AT&T's incoming CEO and another executive talked at conferences this week about the launch the HBO Max streaming service, and about the 5G transition.
Gasoline prices are rising as more states and cities lift restrictions imposed to combat the COVID-19 outbreak.
Facebook created a new, independent oversight board last week and issued a quarterly report on how it has been removing unacceptable content. Will that make any difference?
Lyft could be in for a rough ride with new debt and declines in ridership, while rival Uber looks to food delivery to bolster its bottom line.
CEO departures slowed to a trickle in April, plunging to their lowest level since November of 2014, according to the latest report from outplacement firm Challenger, Gray & Christmas.
Self-driving technology firm Waymo closed a $3 billion round of venture funding on Tuesday. The round was announced in early March and is the first for the company that has until now been supported…
AMD was having a great year until the coronavirus hit. How do Nvidia’s acquisition of Mellanox and manufacturing constraints change the outlook?
That last year was a terrible one for marijuana stocks is indisputable. So far, 2020 has not been much kinder, with Tilray shares down by more than 50% year to date. Yet, the company…
A reverse stock split, collapsing bond prices and a never-ending weight of debt have combined to threaten Chesapeake Energy's ability to remain a going concern.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 30. Short sellers took particular aim at one target.
Short interest in solar and alt energy stocks was relatively muted during the two-week short interest period ended April 30.
Tesla has filed suit against the county where its U.S. auto assembly plant is located, claiming that county officials have exceeded their authority and should allow the plant to restart operations. The company has…
U.S. gas prices have risen for the second consecutive week after a nine-week run of declining prices.
Under Armour had previously announced layoffs and cost controls, but first-quarter earnings were disappointing nonetheless.
More than 8 billion user records were exposed in the first quarter of 2020 due to data security breaches. Just four events accounted for more than 6.5 billion records being released into the wild.
A 12-for-1 reverse stock split by Canada-based pot grower Aurora Cannabis became effective Monday. The change was necessary to maintain the company's listing on the New York Stock Exchange.
Not only does Boeing need to deliver finished airplanes to its airline customers, but the aerospace giant also needs to ensure that its suppliers can deliver the parts Boeing needs to build those planes.