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jcp stock

Article Index

Retailers Are Top Stocks to Watch Today as WMT, JCP, and More Follow Macy's Miss

By , Contributing Writer, Money Morning -

Stocks to watch

A bad year to date for retailers doesn't appear to be getting any better.

Macy's Inc. (NYSE: M) stock swooned 5% to $56 Wednesday after reporting Q2 earnings shy of estimates and trimming its sales outlook for the full year.

That's why the earnings reports of these four big retailers make them the stocks to watch today - can they beat the retail slump?

J.C. Penney (NYSE: JCP) Stock Soars 25% Following Earnings Beat

By , Associate Editor, Money Morning • @KyleAndersonMM -

JCP stock

J.C. Penney Co. Inc. (NYSE: JCP) stock soared 25% in after-hours trading today after the company reported a first quarter earnings per share (EPS) loss of $1.16 on $2.8 billion in revenue.

That beat consensus estimates that had JCP pegged for an EPS loss of $1.25 on $2.7 billion in revenue.

With JC Penney stock is up big after today’s earnings report, here’s the best way to play it…

J.C. Penney (NYSE: JCP) Earnings Spark 16% Jump After Hours

By , Associate Editor, Money Morning • @TaraKateClarke -

J.C. Penney Company Inc.’s (NYSE: JCP) 36-year-old tale will likely continue in tragedy today (Wednesday), as it is projected to report a $0.81 per share loss in its Q4 2013 earnings after the bell.

That would notch a $239.15 million net loss, compared with a loss of $427 million, or $2.51 cents per share, in the same quarter last year, according to a survey of analysts by Thomson Reuters.

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Who Will Be the Next J.C. Penney (NYSE: JCP)?

By , Contributing Writer, Money Morning -

J.C. Penney Co. Inc. (NYSE: JCP) brought in Ron Johnson as CEO in January 2012, hoping he could transform the company. Instead, during his 16 months at the helm, the retailer's losses reached nearly $1 billion and revenue plunged 25%. That's because Johnson took away much of what Penney shoppers loved – coupons and sales […]

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