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Stock Market & Financial Investment News

News Breaks
May 19, 2014
09:01 EDTJCPJ.C. Penney shares are overvalued, says Maxim
Maxim says it views shares of J.C. Penney as overvalued after momentum pushed the stock following the Q1 results. The firm believes the momentum can continue into Q2, but points out second half of the year comp compares get much more difficult. It has a Hold 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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