JCP News Alert J.C. Penney Company Inc (JCP) 6.73 12/04/2014

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J.C. Penney Company Inc (JCP) 6.73 $JCP


These retailers could use some holiday cheer
By ANNE D'INNOCENZIO - AP - 31 mins ago
NEW YORK (AP) — The holiday shopping season is always a make-or-break period for struggling retailers.
HD: 98.95 (+0.36), AEO: 13.81 (-0.55), JCP: 6.73 (-0.46), TGT: 73.28 (-0.05), WMT: 84.76 (-0.18), RSH: 0.59 (-0.03), SHLD: 32.75 (-1.50)

Europe Tells Stock Investors: No Stimulus for You Until Next Year
at The Street - 1 hr 46 mins ago
Much to the market's dismay, the ECB punted any decision on stimulus until early next year.
HE: 32.22 (+4.03), HA: 22.75 (+1.33), XOM: 94.37 (-0.58), JBLU: 15.09 (+0.27), ARO: 2.48 (-0.71), LUV: 41.39 (+0.34), UAL: 61.75 (+2.46), NEE: 103.49 (-0.90), JCP: 6.73 (-0.46), BP: 40.39 (-0.92), ENB: 52.80 (+4.92), CVX: 112.28 (-1.43), AVGO: 103.07 (+7.94)

One Reason J.C. Penney (JCP) Stock Is Falling Today
at The Street - Thu Dec 04, 2:17PM CST
J.C. Penney (JCP) stock continues to decline today after the company had its rating lowered to 'sell' from 'neutral' at Goldman Sachs.
JCP: 6.73 (-0.46)

J.C. Penney: Is It Still A Compelling Short? Goldman Sachs Thinks So
Harm Elderman - at Seeking Alpha - Thu Dec 04, 10:36AM CST

KSS: 56.81 (-1.40), JCP: 6.73 (-0.46), M: 62.50 (-1.16)

Sears' Quarterly Loss Was Ugly -- and the Outlook Isn't Any Better
at The Street - Thu Dec 04, 9:40AM CST
'A number of our stores are simply in the wrong place and are often too large for our needs,' says CEO Eddie Lampert. 'Restoring these locations to profitability is unlikely.'
GPRO: 71.98 (-1.67), TGT: 73.28 (-0.05), JCP: 6.73 (-0.46), WMT: 84.76 (-0.18), SNE: 22.12 (+0.17), M: 62.50 (-1.16), BBY: 36.08 (+0.04), INTC: 37.46 (+0.03), SHLD: 32.75 (-1.50)

Millennials a tough nut to crack in retail
Seeking Alpha - at Seeking Alpha - Thu Dec 04, 9:31AM CST

DXLG: 5.00 (-0.11), KSS: 56.81 (-1.40), NKE: 99.05 (+0.55), SKX: 60.80 (+0.22), DEST: 14.30 (-0.99), M: 62.50 (-1.16), KORS: 76.53 (+0.80), SHLD: 32.75 (-1.50), RL: 183.16 (-0.12), PVH: 122.68 (-1.72), TLYS: 8.50 (+1.43), ICON: 39.44 (-0.71), WWW: 30.13 (-0.33), ANF: 27.90 (-0.91), AEO: 13.81 (-0.55), VRA: 21.68 (-0.74), HBI: 111.87 (-2.83), FL: 57.31 (-0.20), KATE: 30.36 (-0.12), BKE: 49.45 (-0.94), CACH: 0.26 (+0.04), ZUMZ: 35.47 (-0.24), BWS: 32.62 (-0.41), EXPR: 13.19 (-1.30), PSUN: 1.80 (+0.10), GIL: 52.95 (-5.32), DECK: 96.67 (+0.13), GIII: 96.10 (-0.68), VFC: 74.21 (-0.36), WTSL: 0.26 (+0.01), COLM: 44.37 (-0.50), ANN: 35.90 (+0.23), VNCE: 29.73 (-0.25), LULU: 45.92 (+0.21), ARO: 2.48 (-0.71), URBN: 31.16 (-0.11), GES: 20.07 (-2.10), DDS: 116.18 (-0.64), UA: 69.59 (-0.29), SHOO: 32.57 (-1.59), CROX: 12.96 (-0.04), PERY: 25.58 (-0.59), TJX: 65.91 (+0.05), BONT: 6.98 (-0.54), SQBG: 11.89 (-0.11), JCP: 6.73 (-0.46), JWN: 75.70 (-0.63), GPS: 40.56 (-0.04), CRI: 81.44 (+0.10)

Post-Earnings Review - J.C. Penney
PR Newswire - Thu Dec 04, 8:30AM CST
Investor-Edge.com has issued free post-earnings review on J.C. Penney Co. Inc. (NYSE: JCP). On November 12, 2014, the company reported its financial results for Q3 FY14 (period ended November 01, 2014). Click on www.investor-edge.com/FreeReports to read our free earnings review on J.C. Penney Company Inc. (JCPenney). In Q3 FY14, the company's net sales decreased by 0.5% on a Y-o-Y basis. The CEO of JCPenney, Myron E. Ullman, III, stated that Q3 FY14 results show the company's progress in the final phase of its turnaround. Our free coverage report can be accessed at:
JCP: 6.73 (-0.46)

'TIS THE SEASON TO SHOP JCPENNEY FOR THE HOLIDAYS
Thomson Reuters ONE - Thu Dec 04, 7:01AM CST
Dashing Through the Store for Holiday Gifts is Easier Than Ever With New Mobile App
JCP: 6.73 (-0.46)

Cramer's Mad Money - PVH Fits Well At A Discount (12/3/14)
SA Editor Miriam Metzinger - at Seeking Alpha - Thu Dec 04, 5:04AM CST
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday December 3. CEO interview: Manny Chirico, PVH (NYSE: PVH ). Other stock mentioned: J.C. Penney (NYSE: JCP ) PVH ( PVH ) delivered an 8 cent earnings...
BIIB: 341.18 (-6.16), HON: 99.26 (-0.71), UTX: 111.21 (+0.22), KMB: 114.60 (-0.10), INTC: 37.46 (+0.03), PVH: 122.68 (-1.72), SLB: 87.43 (+0.67), PEP: 97.75 (-0.57), GWPH: 74.55 (-1.46), EOG: 93.00 (+1.20), REGN: 423.21 (-1.20), CSCO: 27.77 (-0.18), MU: 36.07 (-0.03), SWKS: 69.75 (+3.08), HAL: 40.74 (-0.01), SN: 9.06 (-0.88), BMY: 58.89 (-0.14), BA: 131.32 (-0.65), HPQ: 39.07 (+0.02), CELG: 113.63 (-0.60), ZTS: 44.00 (-0.88), GILD: 101.82 (+0.94), TXN: 55.41 (-0.21), JCP: 6.73 (-0.46), PG: 90.58 (+0.58), PAY: 35.96 (+0.15), SWHC: 9.41 (-0.10)

Stocks Close Higher, Helped by Continued Strength in Economy
at The Street - Wed Dec 03, 3:19PM CST
The S&P 500 inched to another record high Wednesday after the release of the Federal Reserve's Beige Book showed the economy is still gaining strength.
GIII: 96.10 (-0.68), HAL: 40.74 (-0.01), BOBE: 50.21 (+2.30), ILMN: 190.83 (-0.42), SLB: 87.43 (+0.67), SQNM: 3.67 (-0.10), JCP: 6.73 (-0.46), BP: 40.39 (-0.92), PBYI: 195.55 (-2.12), XLE: 81.25 (-0.71)

S&P 500 in Range of Record Highs as Fed Says Consumers Spending More
at The Street - Wed Dec 03, 2:30PM CST
U.S. stocks are trading just shy of record highs on Wednesday as energy stocks lead gainers and shake off recent tumbling commodity prices.
SQNM: 3.67 (-0.10), JCP: 6.73 (-0.46), HAL: 40.74 (-0.01), GIII: 96.10 (-0.68), ILMN: 190.83 (-0.42), BP: 40.39 (-0.92), SLB: 87.43 (+0.67), XLE: 81.25 (-0.71)

Why Analysts Say Retailer TJX May Be A 'Disruptor'
at Investor's Business Daily - Wed Dec 03, 12:29PM CST
Though "disappointing" Q3 results prompted Goldman Sachs to cut its overall coverage view of broadline retailers to neutral from attractive, potential "disruptor" TJX (TJX) eluded the critique, instead nabbing an upgrade to buy from neutral and a...
TJX: 65.91 (+0.05), JCP: 6.73 (-0.46), BURL: 44.41 (-0.01), ROST: 91.05 (+0.20)

Today's Market: Tech And Retail Names Moving Today
Matthew Smith - at Seeking Alpha - Wed Dec 03, 9:40AM CST

AMZN: 316.93 (+0.43), TJX: 65.91 (+0.05), IBM: 164.05 (-0.47), MCHP: 46.02 (-0.57), JCP: 6.73 (-0.46), INTC: 37.46 (+0.03), BRK.B: 150.05 (+0.32), BRK.A: 225,214.70 (+729.70), XRT: 92.73 (-0.64)

J.C. Penney drops after Goldman Sachs issues gloomy prognosis
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 9:37AM CST

JCP: 6.73 (-0.46)

J.C. Penney (JCP) Stock Lower Today After Analyst Downgrade
at The Street - Wed Dec 03, 9:24AM CST
Shares of J.C. Penney (JCP) are down after Goldman Sachs downgraded the company to 'sell' from 'neutral,' citing limited potential for further stock gains.
JCP: 6.73 (-0.46)

3 Reasons J.C. Penney Inc. Stock Could Fall
Rich Duprey, The Motley Fool - Motley Fool - Wed Dec 03, 9:00AM CST
J.C. Penney's turnaround doesn't appear to be in danger, but there are risks present that could cause its stock to fall. Shares of J.C. Penney   are down 25% over the past three months, with most of the decline coming in October after the retailer...
KSS: 56.81 (-1.40), JCP: 6.73 (-0.46), WMT: 84.76 (-0.18), M: 62.50 (-1.16)

JC Penney slides as Goldman Sachs cuts rating
AP - Wed Dec 03, 8:53AM CST
NEW YORK (AP) — J.C. Penney's stock fell more than 5 percent in morning trading Wednesday as a Goldman Sachs analyst lowered his rating on the department store operator, citing concerns with its turnaround efforts.
JCP: 6.73 (-0.46)

Premarket Gainers / Losers
Seeking Alpha - at Seeking Alpha - Wed Dec 03, 8:09AM CST

MOLG: 2.85 (-1.05), SQNM: 3.67 (-0.10), JCP: 6.73 (-0.46), NTLS: 4.56 (+0.01), PBYI: 195.55 (-2.12)

Downgrade Alert for JC Penney (JCP)
Comtex SmarTrend(R) - Wed Dec 03, 7:00AM CST
JC Penney (NYSE:JCP) was downgraded from Neutral to Sell at Goldman Sachs today. The stock closed yesterday at $7.39 on volume of 11.2 million shares, below average daily volume of 15.8 million. In the past 52 weeks, shares of JC Penney have traded between a low of $4.90 and a high of $11.30 and closed yesterday at $7.39, which is 51% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 2%.
JCP: 6.73 (-0.46)

Cramer's Mad Money - Deckers Is About More Than Just Uggs (12/2/14)
SA Editor Miriam Metzinger - at Seeking Alpha - Wed Dec 03, 4:33AM CST
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday December 2. CEO Interview: Angel Martinez, Deckers (NYSE: DECK ) Deckers reported a terrific quarter, but the stock got slammed. Deckers has rallied...
KMI: 41.46 (-0.37), BIIB: 341.18 (-6.16), ACT: 267.50 (+1.66), BMRN: 89.96 (-1.14), CYNO: 28.18 (-0.24), DAL: 46.42 (+1.67), PFE: 31.67 (-0.08), DECK: 96.67 (+0.13), XOM: 94.37 (-0.58), CELG: 113.63 (-0.60), LUV: 41.39 (+0.34), ZOES: 31.66 (+0.09), AGN: 213.71 (+1.74), PXD: 145.53 (-5.20), RIG: 18.68 (-0.89), ISIS: 52.68 (-0.93), ESV: 31.46 (-1.92), IBM: 164.05 (-0.47), VALE: 8.35 (-0.18), MRK: 60.92 (+0.34), EOG: 93.00 (+1.20), JCP: 6.73 (-0.46), GM: 33.09 (-0.55), AAL: 49.65 (+1.41), REGN: 423.21 (-1.20)




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