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Stock Market & Financial Investment News

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February 26, 2014
06:18 EDTJCP, MJ.C. Penney fails to make e-commerce gains, Reuters reports
While J.C. Penney (JCP) saw online sales jump 26.3% over the holiday quarter, overall it lost its lead among other department store chains because of management mistakes, low investment in the website and other technology, reports Reuters. Penney now gets about 8% of sales online, compared with 15%, including catalog sales, a decade ago. E-commerce sales at Macy's (M) and Penney were about equal in 2010, for example. But two years later, Macy's were three times larger. .Reference Link
News For JCP;M From The Last 14 Days
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August 1, 2014
12:44 EDTJCPJ.C. Penney August volatility elevated into Q2 and outlook
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11:14 EDTJCPStocks with call strike movement; JCP DDD
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July 31, 2014
06:55 EDTJCPJ.C. Penney turnaround 'very much underway,' says Piper Jaffray
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July 30, 2014
07:37 EDTMMacy's volatility elevated into Q2 and outlook
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July 28, 2014
08:01 EDTMMacy's FY14 SSS guidance likely at risk, says Deutsche Bank
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July 23, 2014
09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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July 18, 2014
18:12 EDTMVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
10:40 EDTJCPJ.C. Penney call active on renewed takeover chatter
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10:28 EDTJCPRumor: J.C. Penney moves up on renewed takeover chatter

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