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Stock Market & Financial Investment News

News Breaks
January 9, 2014
05:42 EDTJCPJ.C. Penney upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray upgraded its rating on J.C. Penney (JCP) to Overweight from Neutral citing yesterday's pullback in shares and its belief that 2014 will be a year of progress for the retailer. Piper set an $11 price target for shares, which closed yesterday down 82c to $7.37.
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
July 9, 2014
12:05 EDTJCPStocks with call strike movement; JCP DDD
3D Systems (DDD) November 65 call option implied volatility decreased 2% to 47, J.C. Penney (JCP) November 11 call option implied volatility decreased 5% to 47 according to IVolatility.

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