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Stock Market & Financial Investment News

News For JCP;FOSL From The Last 14 Days
Check below for free stories on JCP;FOSL the last two weeks.
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May 16, 2013
16:31 EDTJCPJ.C. Penney reports Q1 adjusted EPS ($1.31), consensus (86c)
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15:14 EDTJCPNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c.
13:52 EDTJCPJ.C. Penny May 19 straddle priced for 8% move into Q1
11:40 EDTJCPStocks with call strike movement; FSLR JCP
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08:00 EDTJCPJ.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 EDTJCPStocks with call strike movement; JCP BBY
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08:48 EDTJCPJ.C. Penney recommended at Buckingham
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05:56 EDTJCPJ.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 EDTJCPJ.C. Penney real estate appraised at $4.06B, Reuters says
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15:29 EDTJCPJ.C. Penney stores, real estate appraised at $4.06B, Reuters reports
15:13 EDTJCPJ.C. Penny May 19 straddle priced for 8.5% move into Q1
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14:12 EDTJCPJ.C. Penney upgraded to Neutral from Underperform at BofA/Merrill
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11:51 EDTJCPStocks 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.
10:01 EDTFOSLOn The Fly: Analyst Initiation Summary
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09:12 EDTJCPJ.C. Penney increases tender offer consideration to $1,400
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07:57 EDTFOSLFossil initiated with an Equal Weight at Stephens
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May 13, 2013
11:30 EDTJCPJ.C. Penney May volatility elevated at 96 into Q1
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11:07 EDTFOSLOptions with decreasing implied volatility: EZCH MM MAKO MBI FOSL
09:50 EDTJCPJ.C. Penney pops higher in early trading, levels to watch
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09:11 EDTJCPJ.C. Penney feedback indicates a sales pickup, sa Cleveland Research
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