Will Bankruptcy Filing Rescue JC Penney Stock?
J.C. Penney is widely expected to seek bankruptcy protection as soon as this week.
J.C. Penney is widely expected to seek bankruptcy protection as soon as this week.
Investors holding these shares, or aggressive accounts looking for new short ideas, should consider taking a long look at these troubled stocks.
J.C. Penney, Gap and Macy's are all on the ropes. Together they employ more than 340,000 people, and their fates depend on how long the economy is shut down.
Just like the coronavirus affects people weakened by chronic health problems, the pandemic also has a more profound effect on companies that are financially weak. J.C. Penney continues to mull a bankruptcy…
Gap and Urban Outfitters are the newest retailers joining the list of companies that are furloughing employees in the wake of the COVID-19 pandemic.
Monday's top analyst upgrades and downgrades included Alphabet, Amazon.com, Amgen, Cerner, eBay, Gap, Nike, Nucor, Procter & Gamble, TJX and ViacomCBS.
In this new frightening and recessionary environment, high dividends based on continued and easy coverage rates are viewed suspiciously.
Thursday's top analyst upgrades, downgrades and initiations included Akamai Technologies, Anheuser-Busch InBev, Boeing, BP, Comcast, Duke Energy, Gap, Kinder Morgan, Lyft, Occidental Petroleum, Snap, Tesla and Walt Disney.
Tuesday's top analyst upgrades, downgrades and initiations included Alphabet, American Water Works, Caterpillar, Cisco Systems, Comcast, Gap, Lululemon Athletica, Nike, Slack, Stitch Fix, Tesla and Under Armour.
Gap was one of the nation's greatest retail growth stories during the 1990s, but that was a very long time ago, and its shares are now back to levels from 15 years…
The market rewarded news that Gap will not spin out its Old Navy brand. The decision could not hide the fact that Gap's sales continue to fall.
Gap was in the process of looking to carve out its Old Navy business into a new company that was outside of the Gap, Banana Republic and Athleta brands. That effort is…
Tuesday's top analyst upgrades, downgrades and initiations included Aerojet, Best Buy, Boeing, Chevron, FireEye, Gap, Lowe's, MicronTechnology, Phillips 66, T-Mobile and Western Digital.
The S&P 500 index rose by about 28% in 2019. Here are the five best and worst performers for the year.
Hiring in the retail sector for the first two months of the holiday season reached an eight-year high of more than 622,000.