1.38 0.00 (0.00%)
After hours: 5:02PM EST
|Bid||1.35 x 800|
|Ask||1.38 x 3000|
|Day's Range||1.3450 - 1.4200|
|52 Week Range||1.0500 - 4.7500|
|Beta (3Y Monthly)||0.67|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 28, 2019 - Mar 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.40|
JCPenney is bringing holiday cheer to over 1,200 children by giving out $100 gift cards. ET spoke with Joe Jonas, the company's brand ambassador, in New York while helping celebrate the company's annual giving spree tradition at the Manhattan Mall.
Retailers saw a big boost in mobile shoppers as Black Friday online sales increased by 23.6%. Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Sozzi, Jerry Storch, CEO Storch Advisors and Liz Young, Senior Investment Strategist at BNY Mellon.
Holiday shopping begins, with customers spending already in the billions. Yahoo Finance's Jennifer Rogers and Andy Serwer discuss with E-marketer's Andrew Lipsman.
Allen Questrom, former J.C. Penney CEO, joins 'Squawk Box' to discuss retail, crude oil and who is winning in retail.
It keeps going from bad to worse for JCPenney (NYSE:JCP). JCP stock touched an all-time low just above $1 last month. Since then, its margins have been pressured and its losses have mounted, leading JCP stock to continually make lower highs and lower lows.
Figuring out what to get for a White Elephant exchange can be even more difficult than picking out a gift for someone you know. Where do you start with a White Elephant gift? In White Elephant, people open random presents or have the option to swap for an already opened one.
NEW YORK, Dec. 04, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Moody's Investors Service ("Moody's") has affirmed the ratings on nine classes in Wells Fargo Commercial Mortgage Trust 2017-C42, Commercial Mortgage Pass-Through Certificates, Series 2017-C42 ...
J.C. Penney (NYSE:JCP) definitely is one stock you don’t want for Christmas. JCP stock has been plagued by slowing growth and compressing margin trends over the past several years as the company has struggled to keep up with the digital commerce shift. After all, a tremendous amount of data over the past several days has emerged implying that the 2018 holiday shopping season got off to a record start.
With the holiday shopping season quickly approaching, many retail stocks look like they are poised to have a banner fourth quarter. As a result, many retail stocks are riding high heading into December — just check out recent numbers from Walmart (NYSE:WMT) and Macy’s (NYSE:M). A poor showing this holiday season could be the final nail in their respective coffins.
In the daily bar chart of JCP, below, we can see that prices are in a downtrend. The daily On-Balance-Volume (OBV) line has been in a decline from early March and continues to tell us that sellers of JCP have been and continue to be more aggressive. The Moving Average Convergence Divergence (MACD) oscillator has spent most of the past twelve months below the zero line in bearish territory.
Investors would normally be thankful for a strong U.S. economy, yet this holiday season they worry retailers may have to spend heavily to win, leaving shareholders with a lump of coal. Steep discounts are as familiar a sight during the holidays as rich desserts, but this year so is a fierce grab for a slice of the e-commerce market as Amazon.com Inc (AMZN.O) and Target Corp (TGT.N) offer free shipping for small purchases. U.S. shoppers formed long lines at checkout counters on "Black Friday" to take advantage of discounts on clothing and electronics, offering evidence that a healthy economy and rising wages are translating into stronger consumer spending at the start of retailers' make-or-break holiday season.
Retail experts say the demise of Toys R Us has been a boon for big-box retailers such as Target, Walmart and Costco. Bill Simon, the former CEO of Walmart, says "Target was a winner" on the toy front in the early hours of Thanksgiving sales. Big-box retailers such as Target TGT and Walmart WMT are capitalizing on the demise of Toys R Us this holiday season, and it's paying off, according to industry leaders.
It's Black Friday, meaning the holiday shopping season has officially begun. Yahoo Finance talks with Macy's chairman and CEO Jeff Gennette about the start of the shopping season and future plans for the department store retailer.
Black Friday will remain the busiest day during the Thanksgiving Day through Cyber Monday holiday period, with 71% (116 million) planning to shop.
The holiday shopping season really begins on Thanksgiving. Yahoo Finance takes to the streets to get the pulse of the U.S. consumer.
If you’re planning to get a head start on holiday shopping, Black Friday is a great opportunity to snag exclusive deals and deep discounts. “To be a smart shopper on Black Friday, you want to know what you’re looking for going in, where exactly you’re going to find it, and what prices to expect,” Palmer says. While it’s easy to assume everything will be on sale, that’s not always the case, Palmer says. Here’s what to buy and skip when you head out on your post-Thanksgiving spree.