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Stock Market & Financial Investment News

News Breaks
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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March 26, 2015
06:22 EDTMMacy's says mobile shopping, electronics dampening retail performance, MW says
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March 24, 2015
08:26 EDTMMacy's says will keep investing in e-commerce, online security
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08:24 EDTMMacy's says store closings 'not really about Internet'
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07:27 EDTMTelsey Advisory to hold a conference
2015 Consumer Conference is being held in New York on March 24-25.
March 20, 2015
09:01 EDTJCPJ.C. Penney says general counsel Janet Dhillon to leave company
J.C. Penney said in a filing that effective March 20, Janet Dhillon, Executive Vice President, General Counsel and Secretary, is leaving J. C. Penney Company.
March 19, 2015
07:04 EDTMAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
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06:16 EDTMAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 17, 2015
15:41 EDTJCPJ.C. Penney General Counsel Janet Dhillon leaving, Bloomberg says
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06:57 EDTJCPJ.C. Penney CMO leaves company, effective immediately, AdAge reports
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March 12, 2015
08:20 EDTJCPImperial Capital says $3 target on J.C. Penney likely too high
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