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Stock Market & Financial Investment News

News Breaks
January 18, 2013
11:31 EDTJCP, PVHPVH CEO: Izod sales at J.C. Penney on or ahead of plan, Bloomberg reports
PVH Corp. (PVH) CEO Manny Chirico said sales of its Izod brand at specialty "shop within a shop" stores within redesigned J.C. Penney (JCP) locations are "running on or ahead of plan," which Chirico called a "grand slam home run," according to Bloomberg, citing his comments at an investor conference. Chirico noted a measure of revenue per product at the J.C. Penney shops is 20% higher compared with other department stores through Jan. 12, the report said. Reference Link
News For JCP;PVH From The Last 14 Days
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July 18, 2014
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
July 13, 2014
15:18 EDTJCPJ.C. Penney CEO successor search faces setback, WSJ says
It appears that J.C. Penney (JCP) is not having an easy time of identifying a successor for current CEO Myron Ullman, says the Wall Street Journal. According to the WSJ report, Mindy Grossman, CEO of HSN (HSNI), who is considered the lead candidate for Ullman's position, had been in talks with J.C. Penney but could not agree on terms and negotiations broke down moths ago. Reference Link

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