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News For CRM;JCP From The Last 14 Days Check below for free stories on CRM;JCP the last two weeks. |
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| May 16, 2013 | | 08:00 EDT |  | JCP | J.C. Penney shares more expensive than they look, says Wells Fargo
Although J.C. Penney's market cap is $4.2B, its enterprise value, including its net debt, is $7.4B, according to Wells Fargo. That is very similar to 2010 levels, when the retailer's EPS was $1.38, according to the firm. Wells notes that the stock would be trading at 15.1 times earnings even if the company generates $1.26 in EPS sometime in the future, and it keeps an Underperform rating on the shares. | | | May 15, 2013 | | 11:45 EDT |  | JCP | Stocks with call strike movement; JCP BBY
 Subscribe for More Information | | | 08:48 EDT | | JCP | J.C. Penney recommended at Buckingham
Subscribe for More Information | | | 05:56 EDT |  | JCP | J.C. Penney board supporting new CEO, not Ackman, NY Post reports
Bill Ackman has lost influence over J.C. Penney's (JCP) board after failing to quickly replace the company's new CEO Mike Ullman, New York Post reports, citing sources. Ackman approached a number of candidates about the position, including Foot Locker (FL) CEO Ken Hicks, but the board was not interested, the paper adds. Reference Link | | | May 14, 2013 | | 16:24 EDT | | JCP | J.C. Penney real estate appraised at $4.06B, Reuters says
Subscribe for More Information | | | 15:29 EDT |  | JCP | J.C. Penney stores, real estate appraised at $4.06B, Reuters reports
| | | 15:13 EDT | | JCP | J.C. Penny May 19 straddle priced for 8.5% move into Q1
Subscribe for More Information | | | 14:12 EDT |  | JCP | J.C. Penney upgraded to Neutral from Underperform at BofA/Merrill
Subscribe for More Information | | | 11:51 EDT | | JCP | Stocks with call strike movement; JCP BBY
J.C. Penney (JCP) June 21 call volatility increased 2% to 60, Best Buy (BBY) June 31 call option implied volatility decreased 2% to 59 according to IVolatility. | | | 09:12 EDT | | JCP | J.C. Penney increases tender offer consideration to $1,400
Subscribe for More Information | | | | 07:43 EDT | | CRM | Salesforce.com June volatility flat into Q1 and outlook
Subscribe for More Information | | | May 13, 2013 | | 11:30 EDT | | JCP | J.C. Penney May volatility elevated at 96 into Q1
Subscribe for More Information | | | 09:50 EDT |  | JCP | J.C. Penney pops higher in early trading, levels to watch
Subscribe for More Information | | | 09:11 EDT | | JCP | J.C. Penney feedback indicates a sales pickup, sa Cleveland Research
Subscribe for More Information | | | May 10, 2013 | | 13:26 EDT | | JCP | S&P assigns J.C. Penney term loan 'B' issue-level rating
Subscribe for More Information | | | 10:00 EDT |  | JCP | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | 07:25 EDT | | JCP | J.C. Penney downgraded to Sell from Neutral at Northcoast
Subscribe for More Information | | | May 9, 2013 | | 15:06 EDT | | CRM | Brown Advisory reports 5.0% passive stake in Salesforce.com
Subscribe for More Information | | | 08:56 EDT | | CRM | Morgan Stanley remains buyers of Salesforce.com
Subscribe for More Information | | | May 8, 2013 | | 17:01 EDT |  | JCP | On The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. | | |
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