New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 30, 2014
08:32 EDTJCPJ.C. Penney volatility at low end of 30-month range
J.C. Penney June weekly call option implied volatility is at 48, June is at 45, August is at 46, November is at 47; compared to its 26-week average of 65 according to Track Data, suggesting decreasing price movement.
News For JCP From The Last 14 Days
Check below for free stories on JCP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent JCP news | >>
August 15, 2014
06:41 EDTJCPJ.C. Penney turnaround 'very much underway,' says Piper Jaffray
Subscribe for More Information
August 14, 2014
19:08 EDTJCPOn The Fly: After Hours Movers
Subscribe for More Information
17:18 EDTJCPJ.C. Penney off session highs, now up 2.7%
Subscribe for More Information
16:57 EDTJCPJ.C. Penney sees some anomalies in expense in Q3
Subscribe for More Information
16:52 EDTJCPJ.C. Penney says 'Kids' unit had a challenging spring
Subscribe for More Information
16:37 EDTJCPJ.C. Penney says CEO unable to attend conference call, recovering from surgery
Subscribe for More Information
16:05 EDTJCPJ.C. Penney expects profitable sales this back to school season
Subscribe for More Information
16:03 EDTJCPJ.C. Penney rallies 9% to $9.74 after Q2 earnings beat
Subscribe for More Information
16:03 EDTJCPJ.C. Penney sees 2014 SSS up mid-single digits
Subscribe for More Information
16:02 EDTJCPJ.C. Penney sees Q3 SSS up mid-single digits
Sees Q3 gross margin in-line with Q2 and SG&A expenses slightly above last year's levels.
16:01 EDTJCPJ.C. Penney reports Q2 adjusted EPS (75c), consensus (93c)
Reports Q2 revenue $2.8B, consensus $2.79B. Same store sales increased 6.0 %. Online sales through jcp.com were $249M for the quarter, up 16.7 % versus the same period last year.
15:03 EDTJCPNotable companies reporting after market close
Subscribe for More Information
14:24 EDTJCPJ.C. Penney technical comments ahead of earnings
Subscribe for More Information
13:16 EDTJCPJ.C. Penney August 9.5 straddle priced for 11.2% move into Q2
12:00 EDTJCPStocks with call strike movement; JCP KING
J.C. Penney (JCP) November 12 call option implied volatility decreased 2% to 53, King Digital (KING) February 17 call option implied volatility decreased 2% to 52 according to IVolatility.
10:36 EDTJCPEarnings Preview: Analyst sees J.C. Penney reporting positive Q2 comps
Subscribe for More Information
05:54 EDTJCPStocks with implied volatility movement; JCP P
Stocks with implied volatility movement; J.C. Penney (JCP) 67. Pandora (P) 59 according to iVolatility.
August 13, 2014
14:51 EDTJCPJ.C. Penney August 9.5 straddle priced for 11.2% move into Q2
Subscribe for More Information
11:56 EDTJCPStocks with call strike movement; JCP DDD
Subscribe for More Information
11:46 EDTJCPMacy's shares trading lower as Q2 results fall short of expectations
Shares of Macy's (M), a retailer that sells a range of merchandise, including apparel, accessories and home furnishings, are lower after the company's second earnings missed analysts' expectations. WHAT'S NEW: The company reported Q2 earnings per share 80c on revenue of $6.23B, falling short of analysts' estimates of 86c and $6.3B, respectively. Comparable sales were up 3.4% for the quarter and comparable sales together with comparable sales of departments licensed to third parties were up 4%. Chief Executive Officer Terry Lundgren noted that even with an improved sales trend in Q2, the company could not make up its sales shortfall from the first quarter. Looking ahead, Macy's reaffirmed its fiscal year 2014 EPS view of $4.40-$4.50 against estimates of $4.47, but cut its FY14 SSS view to 1.5%-2% from 2.5%-3%. Second half same store sales are expected to be up 2%-3%, and the company said expectations for the second half of the year are "on track." Lundgren said the company is approaching 2H with "confident optimism." WHAT'S NOTABLE: On the company's earnings conference call, Macy's Chief Financial Officer Karen Hoguet said the retail expects third quarter SSS to be lower than fourth quarter, adding that it "feels good" about the back half of the year. Macy's said that it sees fall season EPS, or the combined EPS for Q3 and Q4, of $3.04-$3.14 and expects total sales for the second half of the year to be about 30 basis points lower than comp growth. Macy's sees gross margins flat to down slightly for the year and fall season. ANALYST OPINION: This morning, UBS analysts said the Q2 miss could signal Macy's have been unable to generate incremental margin support from brands into increasingly promotional sales trends. Morgan Stanley analysts, meanwhile, believes the Q2 miss and the pullback in shares will be temporary and it presents a buying opportunity. The firm expects more margin misses over the next few weeks due to the promotional environment and remains convinced that Macy's key strategies are still in the early stages of delivering results. PRICE ACTION: In late-morning trading, shares of Macy's dropped $2.89, or 4.84%, to $56.88. OTHERS TO WATCH: J.C. Penney (JCP), which reports earnings tomorrow, is down 2.15%. Nordstrom (JWN), which also reports earnings tomorrow, is relatively flat.
1 | 2 | all recent JCP news | >>

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