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Stock Market & Financial Investment News

News Breaks
December 6, 2012
10:42 EDTSPLS, JCPJ.C. Penney rises after partner reveals REIT plans
J.C. Penney (JCP) is advancing after the company's Canadian partner, retailer Loblaw Companies, earlier today announced that it would launch a Real Estate Investment Trust, or REIT. The REIT, which will sell units via an IPO, will acquire a significant portion of Loblaw's real estate assets, the Canadian company stated. Initially Loblaw, whose stock is soaring nearly 20% on the Toronto Stock Exchange on the news, intends to turn over real estate currently worth more than C$7B to the REIT. Loblaw's announcement may be leading some investors to speculate that J.C. Penney and other American retailers may take similar steps in order to monetize their assets. Loblaw in July signed a four year deal to open almost 700 shops featuring its Joe Fresh fashions within J.C. Penney's stores. In mid-morning trading, J.C. Penney jumped 91c, or 5.19%, to $18.44. Also climbing was Staples (SPLS), which rose 1.42% to $11.45.
News For JCP;SPLS From The Last 14 Days
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May 4, 2015
11:32 EDTJCPStocks with call strike movement; JCP RIG
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May 1, 2015
11:35 EDTJCPStocks with call strike movement; JCP CHK
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April 30, 2015
10:36 EDTSPLSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ARRIS (ARRS) upgraded to Strong Buy from Outperform at Raymond James... Acadia (ACHC) upgraded to Outperform from Market Perform at Wells Fargo... Alexandria Real Estate (ARE) upgraded to Buy from Neutral at Mizuho... Axiall (AXLL) upgraded to Buy from Neutral at Citigroup... British American Tobacco (BTI) upgraded to Buy from Hold at Societe Generale... Buffalo Wild Wings (BWLD) upgraded at Baird... CBIZ, Inc. (CBZ) upgraded to Overweight from Equal-Weight at First Analysis... Cameco (CCJ) upgraded to Outperform from Market Perform at Raymond James... Cinedigm (CIDM) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Neutral from Sell at Goldman... Equity One (EQY) upgraded to Neutral from Underperform at Credit Suisse... Garmin (GRMN) upgraded to Market Perform from Underperform at Raymond James... Genworth (GNW) upgraded to Buy from Neutral at Compass Point... Group 1 Automotive (GPI) upgraded to Neutral from Sell at Goldman... JetBlue (JBLU) upgraded to Outperform from Neutral at Credit Suisse... KBR (KBR) upgraded to Buy from Hold at Johnson Rice... Michelin (MGDDY) upgraded to Outperform from Neutral at Exane BNP Paribas... Mondelez (MDLZ) upgraded to Buy from Hold at Deutsche Bank... Nabors Industries (NBR) upgraded to Neutral from Reduce at Global Hunter... Office Depot (ODP) upgraded to Buy from Hold at Jefferies... PCTEL, Inc. (PCTI) upgraded to Buy from Neutral at B. Riley... Patterson-UTI (PTEN) upgraded to Buy from Accumulate at Global Hunter... Progressive (PGR) upgraded to Buy from Neutral at UBS... Santander Consumer (SC) upgraded to Outperform from Neutral at Macquarie... Spirit Airlines (SAVE) upgraded at Evercore ISI... Staples (SPLS) upgraded to Buy from Hold at Jefferies.
07:40 EDTSPLSStaples, Office Depot upgraded to Buy from Hold at Jefferies
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06:43 EDTSPLSStaples upgraded to Buy from Hold at Jefferies
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April 29, 2015
10:43 EDTJCPJ.C. Penney grows Sephora presence with 25 new locations, 6 expansions
Starting May 1, JCPenney will introduce SEPHORA to 25 additional stores, enabling the global beauty retailer to enter new and smaller markets, while expanding JCPenney's reach as a premier destination for beauty. Since the exclusive partnership launched in 2006, more than 500 JCPenney stores now feature a full-service SEPHORA offering. In addition to the grand openings, six existing SEPHORA inside JCPenney shops will expand to meet the high customer demand for prestige cosmetics and beauty products. Expanded locations will represent an average of 3,000 total square feet of space dedicated to SEPHORA merchandise and SEPHORA Beauty Studios.
April 28, 2015
16:50 EDTJCPJ.C. Penney appoints Mary Beth West as Chief Customer & Marketing Officer
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April 24, 2015
15:10 EDTJCPJ.C. Penney May volatility elevated into Q1 and outlook
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April 23, 2015
11:31 EDTSPLSOptions with increasing implied volatility
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07:00 EDTSPLSStaples acquires iOS application Makr
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April 22, 2015
11:08 EDTSPLSOptions with increasing implied volatility
Options with increasing implied volatility: CZR FMSA PSEC CSX AEO CRM BBY SPLS HPQ DTV
April 21, 2015
09:03 EDTSPLSMartha Stewart, Staples announce multi-year strategic collaboration
Martha Stewart Living Omnimedia (MSO) and Staples (SPLS) announced a new, multi-year strategic direct retail collaboration for the manufacture and distribution of Martha Stewart Home Office products. The assortment will be available at more than 1100 Staples retail stores and online, and will include a wide array of home organizing and home office products across multiple categories, including: stationery and paper products, office essentials and tools, personal technology accessories, and storage and organization products. The new Martha Stewart Home Office products will be available exclusively at Staplesí stores nationwide, Staples.com and Quill.com beginning November 2015.

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