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Stock Market & Financial Investment News

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May 16, 2014
08:57 EDTJCPJ.C. Penney shares shouldn't be chased here, says Buckingham
After J.C. Penney reported stronger than expected results, Buckingham recommends taking profits in the stock, given the high short interest in the name. The firm thinks the pace and slope of the company's recovery still remains uncertain. It raised its price target on the shares to $9 from $7 but keeps a Neutral rating on the stock.
News For JCP From The Last 14 Days
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January 21, 2015
12:12 EDTJCPBest Buy, home retailers seen getting biggest bump from Sears demise
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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

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