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Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:28 EDTJCPMaxim still sees J.C. Penney running out of cash in Q3 of 2015
Maxim calls J.C. Penney's 33 store closings "much ado about very little" and says it still expects the retailer to run out of cash in Q3 of 2015. Maxim believes the foregone sales from the closed stores will make it more difficult for J.C. Penney to lever fixed costs. The firm keeps a Hold rating on the stock.
News For JCP From The Last 14 Days
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March 31, 2015
06:42 EDTJCPJ.C. Penney Q1 comp estimate, price target raised at Piper Jaffray
Piper Jaffray believes warmer weather versus last year and greater mall traffic from Apple (AAPL) Watch interest will drive positive Q1 momentum for J.C. Penney (JCP). Piper raised its comp estimate for Q1 to up 3% from up 1% and its price target for shares to $14 from $13. The firm keeps an Overweight rating on J.C. Penney.
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 18, 2015
13:30 EDTJCPJ.C. Penney trades lower after news of executive departures
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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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