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Stock Market & Financial Investment News

News Breaks
January 28, 2013
14:00 EDTJCPJ.C. Penney bringing back sales, AP reports
After ditching discounts last year, J.C. Penney (JCP) is planning to roll out some sales in order to lure back shoppers, reports the Associated Press reports. The retailer is also planning to add new price tags or signs to show customers how much they're saving. CEO Ron Johnson says the latest moves are not a "deviation" from his strategy, but an "evolution". Reference Link
News For JCP 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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