New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 29, 2014
06:53 EDTJCPJ.C. Penney may have altered poison pill for tax purposes, NY Times says
JC Penney may have recently lowered the threshold for its poison pill because of tax rules relating to net operating losses, according to The New York Times. Specifically, the company may have lost its right to use prior losses to offset taxes on profits if a shareholder with a stake of more than 5% in the company increased its stake by 50% or more, the newspaper stated. Reference Link
News For JCP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 21, 2015
12:12 EDTJCPBest Buy, home retailers seen getting biggest bump from Sears demise
Subscribe for More Information
January 20, 2015
06:22 EDTJCPJ.C. Penney to bring back 120-page catalog, WSJ reports
J.C. Penney has decided to resurrect its catalog in the form of a 120-page book that will mark the first catalog the chain has sent out since 2010, The Wall Street Journal reports. The retailer, which quit the catalog amid a broader pullback caused by the recession and the rise of e-commerce, now believes the catalog can help drive web sales. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use