HotmailAhead of the Bell: J.C. Penney's spring fall
Shares of J.C. Penney fell in premarket trading Friday, the morning after it reported an even wider loss than analysts' already-dismal estimates. Full story
Shares of J.C. Penney fell in premarket trading Friday, the morning after it reported an even wider loss than analysts' already-dismal estimates. Full story
(Reuters) - J.C. Penney Co Inc <JCP.N> Chief Executive Myron Ullman told Wall Street on Thursday 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. Full story
Shares of J.C. Penney rose on Wednesday as an analyst said that the struggling retailer's return to discounting should drive traffic back into stores and lead to more sales. Full story
(Reuters) - J.C. Penney Co Inc <JCP.N> on Tuesday reported another quarter of steep sales declines, hit by the lingering effects of its former chief executive's failed marketing strategy. Full story
J.C. Penney Co. says that its first-quarter revenue will likely fall 16 percent and is pointing fingers at prior leadership for part of that shortfall. Full story
Moody's Investors Service is lowering its long-term ratings for J.C. Penney, saying a new term loan won't fix long-term performance concerns or reduce the amount of cash the retail store operator is expected to go through over the next 12 months. Full story
Former Apple CEO John Sculley shares his opinions on whether Tim Cook is the right leader for the company now, and what JC Penney's former CEO Ron Johnson's future could hold.
Does President Obama's proposed budget contain enough concessions to obtain bipartisan support? Sen. Ron Johnson, (R-WI), provides his views on the numbers.
Shares of JC Penney keep falling following CEO Ron Johnson's firing. Matthew Boss, JPMorgan; Brian Mcgough, Hedgeye Risk Management; and CNBC's Scott Wapner and Courtney Reagan, discuss.
In 2012, JC Penney lost $985 million under Ron Johnson and $25 million 2011 with Mike Ullman as CEO, for 10 months of that year. CNBC's Courtney Reagan offers insight. Gina Chon, Quartz reporter, and Jan Kniffen, J Rogers Kniffen CEO, weigh in.
CNBC's Kate Kelly reports on Ron Johnson's departure and provides a look at Bill Ackman's top holdings in Pershing Square. Also, is Google's stock "broken?" Dan Niles, Alpha One Capital Partners, explains what's going on with the tech giant and the bes...
Ron Johnson testifies in New York state Supreme Court in Manhattan March 1, 2013. REUTERS/Thomas Iannaccone/Pool
Ron Johnson, CEO of J.C. Penney, leaves the New York State Supreme Court in New York, March 1, 2013. REUTERS/Andrew Burton
