Movers roundup: J.C. Penney, Coldwater Creek

Movers roundup: J.C. Penney shares fall; Coldwater Creek shares jump on loan

Associated Press

Among the stock activity stories for Tuesday, July 10, from the AP Business News:

— Shares of department store J.C. Penney Co. Inc. fell again, as investors worry that a sales slump is deepening amid continued customer confusion over its new pricing plan that eliminates hundreds of sales events in favor of everyday prices. A deteriorating economic environment is also adding to the woes of the chain.

— Shares of Coldwater Creek Inc. jumped after the clothing company announced a $65 million loan from a private equity firm.

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