Ordinarily, you’d expect a legal victory to give a company’s stock at least a short-term boost. But for J.C. Penney Company, Inc. (NYSE:JCP), all news lately has seemed to be bad news, and the stock ...
J.C. Penney (NYSE: JCP) stock has plunged in 2017 as investors have started to become more skeptical about the company's turnaround prospects. While J.C. Penney expects to produce positive adjusted ...
Wall Street didn't like J.C. Penney's third-quarter surprise. The unexpected revenue shortfall seemed to catch analysts unawares despite the retailer's previous warnings that sales were slowing.
J.C. Penney announced it will eliminate 130 home office positions and another 230 in a store reorganization bringing the total job cuts to 360. The move will save the struggling retailer between ...
Both our operating and investment experience cause us to conclude that 'turnarounds' seldom turn, and that the same energies and talent are much better employed in a good business purchased at a fair ...
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