News Breaks |
|
|
| January 7, 2013 |
| 10:54 EDT |  | M, MSO, JCP | Martha Stewart says company's business has been 'very good' at Macy's
Martha Stewart speaking on CNBC. |
|
|
News For M;MSO;JCP From The Last 14 Days Check below for free stories on M;MSO;JCP the last two weeks. |
|
|
| May 23, 2013 |
| 14:58 EDT |  | JCP | J.C. Penney May volatility at eight-month lows
J.C. Penney overall option implied volatility of 52 is below its 26-week average of 62 according to Track Data, suggesting decreasing price movement. |
|
| 14:45 EDT |  | M | Retailers file new suit against card companies over swipe fees, Bloomberg says
 Subscribe for More Information |
|
| 11:59 EDT | | M | Retailers file suit against Visa, MasterCard over credit cards, Bloomberg says
Subscribe for More Information |
|
| May 22, 2013 |
| 16:12 EDT | | JCP | J.C. Penney enters into new $2.25B credit facility
J. C. Penney Company announced that its wholly owned subsidiary, J. C. Penney Corporation, has entered into a new five-year $2.25B senior secured term loan credit facility. The size of the facility was increased from the $1.75B anticipated in the commitment letter the company announced on April 29. |
|
| May 21, 2013 |
| 08:56 EDT | | JCP | J.C. Penney announces successful tender, consent solicitation for debentures
Subscribe for More Information |
|
| May 20, 2013 |
| 10:23 EDT | | JCP | J.C. Penney advances after analyst hikes price target to $27
Subscribe for More Information |
|
| 10:11 EDT |  | JCP | On The Fly: Analyst Upgrade Summary
Subscribe for More Information |
|
| 08:16 EDT | | JCP | Follow-up: J.C. Penney upgraded to Buy from Hold at Maxim
Maxim upgraded J.C. Penney on expectations the company's strategy changes under new CEO Mike Ullman will drive traffic. The firm said its recent channel checks indicate that store traffic has increased and it raised its price target for shares to $27 from $16.50. |
|
| 08:03 EDT | | JCP | J.C. Penney upgraded to Buy from Hold at Maxim
|
|
| 07:30 EDT |  | JCP | J.C. Penney price target lowered to $7 from $12 at BMO Capital
Subscribe for More Information |
| |
| May 17, 2013 |
| 10:55 EDT | | JCP | J.C. Penney drops after results miss expectations
Subscribe for More Information |
|
| 09:48 EDT |  | JCP | J.C. Penney falls after earnings miss, levels to watch
Subscribe for More Information |
|
| 08:35 EDT | | JCP | J.C. Penney reiterated as a Sell at Northcoast
Subscribe for More Information |
|
| 07:47 EDT | | JCP | J.C. Penney situation should only improve from here, says RW Baird
Baird believes there are several reasons why J.C. Penney's situation should only improve from here including better recent trends, prudent pricing and promotion, easy comps, and the re-introduction of in-demand product for fall. Baird maintains its Neutral rating and $19 price target pending further details on the company's new strategy. |
|
| 07:11 EDT | | JCP | J.C. Penney CEO says needs time to fix problems, Reuters reports
J.C. Penney CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, reports Reuters.Reference Link |
|
| 06:28 EDT | | JCP | J.C. Penney CEO likely to make substantial progress, says Deutsche Bank
Subscribe for More Information |
|
| 06:06 EDT | | JCP | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: A so-so Q1 earnings season hasn't dented investors' enthusiasm for stocks as prices have been rising, with the DJIA up 16% for the year and 4.2% since earnings season began April 8, the Wall Street Journal reports...JPMorgan Chase (JPM), in a last-ditch effort to beat back activist investors, sent a letter to shareholders who have yet to vote on the nonbinding proposal ahead of the May 21 annual meeting, urging them to reject a proposal to split the chairman and CEO roles held by James Dimon, the Wall Street Journal reports...REUTERS: Amazon.com (AMZN) will be called back to the British parliament to clarify how its activities in the U.K. justify its low corporate income tax bill, Reuters reports...J.C. Penney (JCP) CEO Ullman says that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer, Reuters reports...BLOOMBERG: Apple (AAPL), which holds $102B in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country, Bloomberg reports...Fiat’s (FIATY) deliberations over moving its headquarters to the U.S. after a merger with Chrysler Group LLC. raised concern among Italian unions and politicians about the plans of the country’s biggest manufacturer. CEO Marchionne is considering the move because Fiat’s main sources of revenue and profit are shifting to North America, Bloomberg reports. |
|
| 05:50 EDT | | JCP | J.C. Penney price target raised to $20 from $15 at Citigroup
Citigroup raised its price target for J.C. Penney to $20 following the company's Q1 results while keeping a Neutral rating on the stock. Citi says it is encouraged by new CEO Mike Ullman's strategic plan, which it expects will improve same-store-sales. |
|
| May 16, 2013 |
| 18:56 EDT | | JCP | On The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations. |
|
| 18:03 EDT | | JCP | J.C. Penney says Q1 traffic down 6% vs. year ago
Subscribe for More Information |
| |
|
|
|
|
