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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:14 EDTJCPJ.C. Penney positive sales trends continue, says Cleveland Research
Cleveland Research's checks indicate J.C. Penney's positive sales trends continued through mid-Q2 and are similar to Q1. Ecommerce sales appear strong and there is steady improvement in JCP Home and private label apparel is helping gain incremental share. The firm adds general feedback highlights optimistic 2H expectations. Shares are Neutral rated.
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