J.C. Penney Company Inc (JCP) 8.46 $JCP
Next Support Level for JC Penney (JCP) is $8.22
Comtex SmarTrend(R) - Fri Jun 24, 8:36AM CDT
Shares of JC Penney (NYSE:JCP) have bearishly opened below the pivot of $8.63 today and have reached the first support level of $8.39. Should the shares continue to fall, the support pivots of $8.22 and $7.82 will be of interest.
JCP: 8.46 (-0.09)
Macy's Terry Lundgren to step down as CEO next year
By ANNE D'INNOCENZIO - AP - Thu Jun 23, 4:33PM CDT
NEW YORK (AP) — Macy's longtime CEO Terry Lundgren, who spearheaded a landmark acquisition that created a powerhouse national department store chain, will step down early next year, the company announced Thursday as it struggles to reinvent itself amid online competition and changing consumer habits.
JCP: 8.46 (-0.09), M: 32.08 (-1.30)
JC Penney Rises 3.50% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jun 23, 1:34PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.87. Yesterday, the shares gained 3.5%, which took the trading range above the 3-day high of $8.65 on volume of 7.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
Will J. C. Penney's Strategic Endeavors Help Lift the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 3:08PM CDT
J. C. Penney (JCP) has taken up several strategic initiatives to drive traffic.
DLA: 21.18 (-1.37), PLCE: 76.26 (-0.48), JCP: 8.46 (-0.09), CRI: 103.20 (-3.25)
Watch for JC Penney to Potentially Pullback After Gaining 5.61% Yesterday
Comtex SmarTrend(R) - Wed Jun 15, 12:31PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $7.99 to a high of $8.65. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $8.37 on volume of 9.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
Virtual reality, new tools let you redecorate from the couch
By ANNE D'INNOCENZIO - AP - Wed Jun 15, 5:30PM CDT
NEW YORK (AP) — Stop moving around the new sofa to try to figure out where it fits. Forget about trying to judge a paint color from tiny samples against the wall. New tools like virtual reality measuring apps and online mood boards are trying to help consumers find easier and quicker ways to decorate homes and apartments.
TGT: 69.35 (-0.43), JCP: 8.46 (-0.09)
Fitch Upgrades J.C. Penney's IDR to 'B+'; Rates Secured TL and Notes 'BB+/RR1'
BusinessWire - Fri Jun 10, 9:40AM CDT
Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) of J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to 'B+' from 'B' given Fitch's continued confidence in the company's ability to generate $950 million to $1 billion in EBITDA and the refinancing of its $2.2 billion term loan due May 2018. The Rating Outlook is Stable.
JCP: 8.46 (-0.09)
JCPenney Announces Pricing of Offering of Senior Secured Notes
Globe Newswire - Thu Jun 09, 3:21PM CDT
PLANO, Texas (June 9, 2016) - J. C. Penney Company, Inc. (the "Company"
(NYSE: JCP) announced today that its wholly-owned subsidiary, J. C. Penney Corporation, Inc. (the "Corporation," and together with the Company, "J. C. Penney" has priced its private offering of $500 million aggregate principal amount of 5.875% senior secured notes due 2023 (the "Notes". The Notes will be guaranteed on a senior secured basis, jointly and severally, by the Company and certain domestic subsidiaries of the Corporation that will guarantee J. C. Penney's $1.688 billion amended and restated senior secured term loan facility, which J. C. Penney is seeking to enter into concurrently with the offering of the Notes. The Notes were priced at 100% of face amount for a yield to maturity of 5.875%. The offering is expected to close on or about June 23, 2016, subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes, together with borrowings under the amended and restated senior secured term loan facility, to repay the entire outstanding principal balance of J. C. Penney's existing $2.25 billion five-year senior secured term loan that was entered into in May 2013.
JCP: 8.46 (-0.09)
JC Penney (JCP) Crosses Pivot Point Support at $8.44
Comtex SmarTrend(R) - Thu Jun 09, 9:24AM CDT
Shares of JC Penney (NYSE:JCP) opened today below their pivot of $8.62 and have already reached the first level of support at $8.44. Analysts will be watching for a cross of the next downside pivot targets of $8.30 and $7.98.
JCP: 8.46 (-0.09)
Restructuring the Iconic Ralph Lauren - A Long-Drawn-Out Affair
ACCESSWIRE - Thu Jun 09, 8:18AM CDT
LONDON, UK / ACCESSWIRE / June 9, 2016 / ActiveWallSt.com announces its coverage of the Textile - Apparel Clothing industry. Our focus today is on Ralph Lauren's (NYSE:RL). On Tuesday, June 7, 2016, the company's new CEO Stefan Larsson announced his first steps to bring the iconic brand's performance back on track. The decision to cut jobs and close stores was, in a way, expected, although the quantum might suggest the company is easing into the restructuring process. Ralph Lauren would lay off a thousand of its workforce and close over 50 full-price stores. The cuts reflect almost 4% of the company's total employee base. Register with us now for your free membership at:
JCP: 8.46 (-0.09), M: 32.08 (-1.30), GPS: 20.40 (-0.53), RL: 89.60 (-7.65)
JCPENNEY CEO MARVIN ELLISON TO PRESENT AT PIPER JAFFRAY CONSUMER CONFERENCE
Globe Newswire - Wed Jun 08, 3:15PM CDT
PLANO, Texas - (June 8, 2016) - J. C. Penney Company, Inc. (NYSE: JCP) today announced that Marvin Ellison, chief executive officer, will present at the Piper Jaffray Consumer Conference in New York, New York on June 15, 2016. The presentation is scheduled for approximately 30 minutes starting at 10:50 am ET and will be available via webcast. The live webcast may be accessed via JCPenney's Investor Relations page at ir.jcpenney.com. Replays of the webcast will be available for nine months beginning approximately two hours after the completion of the presentation.
JCP: 8.46 (-0.09)
Is Brick and Mortar Retail Doomed?
Tracey Ryniec - Zacks Investment Research - Tue Jun 07, 5:03PM CDT
The naysayers believe that brick and mortar retail is dead but Tracey, Domina, and Maddy share their reasons why this thinking is wrong.
JCP: 8.46 (-0.09), JWN: 37.13 (-1.12), M: 32.08 (-1.30), GPS: 20.40 (-0.53), LULU: 69.62 (-2.20)
Look for Shares of JC Penney to Potentially Pullback after Yesterday's 1.89% Rise
Comtex SmarTrend(R) - Tue Jun 07, 3:22PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.65. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $8.54 on volume of 5.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JC Penney Rises 1.89% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jun 07, 3:21PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.65. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $8.54 on volume of 5.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JC Penney Set to Possibly Pullback After Yesterday's Rally of 2.44%
Comtex SmarTrend(R) - Thu Jun 02, 1:59PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $7.75 to a high of $8.00. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $7.94 on volume of 4.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JCPENNEY ANNOUNCES PLANS TO REFINANCE $2.25 BILLION REAL ESTATE TERM LOAN
Globe Newswire - Wed Jun 01, 7:01AM CDT
Company Delivers Positive Comparable Store Sales Quarter to Date Through Memorial Day
JCP: 8.46 (-0.09)
Sears posts wider loss, looks at options for Kenmore, others
By MICHELLE CHAPMAN and ANNE D'INNOCENZIO - AP - Thu May 26, 10:38AM CDT
NEW YORK (AP) — Long-struggling retailer Sears says it plans to try to leverage its strongest brands like Kenmore and Craftsman to help sustain itself as it posted a larger first-quarter loss Thursday and said sales fell at its Kmart and namesake stores.
HD: 126.40 (-1.89), JCP: 8.46 (-0.09), WMT: 71.96 (-0.14), M: 32.08 (-1.30), SHLD: 13.49 (-0.35)
Can Anything Stop Ulta from Beating this Quarter?
ESTMZ - Wed May 25, 3:15PM CDT
Ulta Salon, Cosmetics & Fragrance, Inc. ( ULTA ) Consumer Discretionary - Specialty Retail | Reports May 26, After Market Closes Key Takeaways The Estimize consensus is looking for earnings per share of $1.34 on $1.04 billion in revenue, 5...
SPY: 203.13 (-7.68), JCP: 8.46 (-0.09), M: 32.08 (-1.30), ULTA: 239.16 (-2.92)
Next Support Level for JC Penney (JCP) is $8.22
Comtex SmarTrend(R) - Fri Jun 24, 8:36AM CDT
Shares of JC Penney (NYSE:JCP) have bearishly opened below the pivot of $8.63 today and have reached the first support level of $8.39. Should the shares continue to fall, the support pivots of $8.22 and $7.82 will be of interest.
JCP: 8.46 (-0.09)
Macy's Terry Lundgren to step down as CEO next year
By ANNE D'INNOCENZIO - AP - Thu Jun 23, 4:33PM CDT
NEW YORK (AP) — Macy's longtime CEO Terry Lundgren, who spearheaded a landmark acquisition that created a powerhouse national department store chain, will step down early next year, the company announced Thursday as it struggles to reinvent itself amid online competition and changing consumer habits.
JCP: 8.46 (-0.09), M: 32.08 (-1.30)
JC Penney Rises 3.50% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jun 23, 1:34PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.87. Yesterday, the shares gained 3.5%, which took the trading range above the 3-day high of $8.65 on volume of 7.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
Will J. C. Penney's Strategic Endeavors Help Lift the Stock?
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 3:08PM CDT
J. C. Penney (JCP) has taken up several strategic initiatives to drive traffic.
DLA: 21.18 (-1.37), PLCE: 76.26 (-0.48), JCP: 8.46 (-0.09), CRI: 103.20 (-3.25)
Watch for JC Penney to Potentially Pullback After Gaining 5.61% Yesterday
Comtex SmarTrend(R) - Wed Jun 15, 12:31PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $7.99 to a high of $8.65. Yesterday, the shares gained 5.6%, which took the trading range above the 3-day high of $8.37 on volume of 9.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
Virtual reality, new tools let you redecorate from the couch
By ANNE D'INNOCENZIO - AP - Wed Jun 15, 5:30PM CDT
NEW YORK (AP) — Stop moving around the new sofa to try to figure out where it fits. Forget about trying to judge a paint color from tiny samples against the wall. New tools like virtual reality measuring apps and online mood boards are trying to help consumers find easier and quicker ways to decorate homes and apartments.
TGT: 69.35 (-0.43), JCP: 8.46 (-0.09)
Fitch Upgrades J.C. Penney's IDR to 'B+'; Rates Secured TL and Notes 'BB+/RR1'
BusinessWire - Fri Jun 10, 9:40AM CDT
Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) of J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to 'B+' from 'B' given Fitch's continued confidence in the company's ability to generate $950 million to $1 billion in EBITDA and the refinancing of its $2.2 billion term loan due May 2018. The Rating Outlook is Stable.
JCP: 8.46 (-0.09)
JCPenney Announces Pricing of Offering of Senior Secured Notes
Globe Newswire - Thu Jun 09, 3:21PM CDT
PLANO, Texas (June 9, 2016) - J. C. Penney Company, Inc. (the "Company"
(NYSE: JCP) announced today that its wholly-owned subsidiary, J. C. Penney Corporation, Inc. (the "Corporation," and together with the Company, "J. C. Penney" has priced its private offering of $500 million aggregate principal amount of 5.875% senior secured notes due 2023 (the "Notes". The Notes will be guaranteed on a senior secured basis, jointly and severally, by the Company and certain domestic subsidiaries of the Corporation that will guarantee J. C. Penney's $1.688 billion amended and restated senior secured term loan facility, which J. C. Penney is seeking to enter into concurrently with the offering of the Notes. The Notes were priced at 100% of face amount for a yield to maturity of 5.875%. The offering is expected to close on or about June 23, 2016, subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes, together with borrowings under the amended and restated senior secured term loan facility, to repay the entire outstanding principal balance of J. C. Penney's existing $2.25 billion five-year senior secured term loan that was entered into in May 2013. JCP: 8.46 (-0.09)
JC Penney (JCP) Crosses Pivot Point Support at $8.44
Comtex SmarTrend(R) - Thu Jun 09, 9:24AM CDT
Shares of JC Penney (NYSE:JCP) opened today below their pivot of $8.62 and have already reached the first level of support at $8.44. Analysts will be watching for a cross of the next downside pivot targets of $8.30 and $7.98.
JCP: 8.46 (-0.09)
Restructuring the Iconic Ralph Lauren - A Long-Drawn-Out Affair
ACCESSWIRE - Thu Jun 09, 8:18AM CDT
LONDON, UK / ACCESSWIRE / June 9, 2016 / ActiveWallSt.com announces its coverage of the Textile - Apparel Clothing industry. Our focus today is on Ralph Lauren's (NYSE:RL). On Tuesday, June 7, 2016, the company's new CEO Stefan Larsson announced his first steps to bring the iconic brand's performance back on track. The decision to cut jobs and close stores was, in a way, expected, although the quantum might suggest the company is easing into the restructuring process. Ralph Lauren would lay off a thousand of its workforce and close over 50 full-price stores. The cuts reflect almost 4% of the company's total employee base. Register with us now for your free membership at:
JCP: 8.46 (-0.09), M: 32.08 (-1.30), GPS: 20.40 (-0.53), RL: 89.60 (-7.65)
JCPENNEY CEO MARVIN ELLISON TO PRESENT AT PIPER JAFFRAY CONSUMER CONFERENCE
Globe Newswire - Wed Jun 08, 3:15PM CDT
PLANO, Texas - (June 8, 2016) - J. C. Penney Company, Inc. (NYSE: JCP) today announced that Marvin Ellison, chief executive officer, will present at the Piper Jaffray Consumer Conference in New York, New York on June 15, 2016. The presentation is scheduled for approximately 30 minutes starting at 10:50 am ET and will be available via webcast. The live webcast may be accessed via JCPenney's Investor Relations page at ir.jcpenney.com. Replays of the webcast will be available for nine months beginning approximately two hours after the completion of the presentation.
JCP: 8.46 (-0.09)
Is Brick and Mortar Retail Doomed?
Tracey Ryniec - Zacks Investment Research - Tue Jun 07, 5:03PM CDT
The naysayers believe that brick and mortar retail is dead but Tracey, Domina, and Maddy share their reasons why this thinking is wrong.
JCP: 8.46 (-0.09), JWN: 37.13 (-1.12), M: 32.08 (-1.30), GPS: 20.40 (-0.53), LULU: 69.62 (-2.20)
Look for Shares of JC Penney to Potentially Pullback after Yesterday's 1.89% Rise
Comtex SmarTrend(R) - Tue Jun 07, 3:22PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.65. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $8.54 on volume of 5.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JC Penney Rises 1.89% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Jun 07, 3:21PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $8.46 to a high of $8.65. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $8.54 on volume of 5.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JC Penney Set to Possibly Pullback After Yesterday's Rally of 2.44%
Comtex SmarTrend(R) - Thu Jun 02, 1:59PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $7.75 to a high of $8.00. Yesterday, the shares gained 2.4%, which took the trading range above the 3-day high of $7.94 on volume of 4.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
JCP: 8.46 (-0.09)
JCPENNEY ANNOUNCES PLANS TO REFINANCE $2.25 BILLION REAL ESTATE TERM LOAN
Globe Newswire - Wed Jun 01, 7:01AM CDT
Company Delivers Positive Comparable Store Sales Quarter to Date Through Memorial Day
JCP: 8.46 (-0.09)
Sears posts wider loss, looks at options for Kenmore, others
By MICHELLE CHAPMAN and ANNE D'INNOCENZIO - AP - Thu May 26, 10:38AM CDT
NEW YORK (AP) — Long-struggling retailer Sears says it plans to try to leverage its strongest brands like Kenmore and Craftsman to help sustain itself as it posted a larger first-quarter loss Thursday and said sales fell at its Kmart and namesake stores.
HD: 126.40 (-1.89), JCP: 8.46 (-0.09), WMT: 71.96 (-0.14), M: 32.08 (-1.30), SHLD: 13.49 (-0.35)
Can Anything Stop Ulta from Beating this Quarter?
ESTMZ - Wed May 25, 3:15PM CDT
Ulta Salon, Cosmetics & Fragrance, Inc. ( ULTA ) Consumer Discretionary - Specialty Retail | Reports May 26, After Market Closes Key Takeaways The Estimize consensus is looking for earnings per share of $1.34 on $1.04 billion in revenue, 5...
SPY: 203.13 (-7.68), JCP: 8.46 (-0.09), M: 32.08 (-1.30), ULTA: 239.16 (-2.92)
