|Bid||3.240 x 45200|
|Ask||3.250 x 17000|
|Day's Range||3.220 - 3.335|
|52 Week Range||2.350 - 10.740|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Marvin Ellison, the retailer's Chairman and CEO, has sold an additional 271,791 shares of the company's stock at a price of $3.29 per share.
Black Friday 2017 sales are starting at Dell, Groupon, HP, JCPenney, Macy's and Microsoft but how good are they and what are the highlights?
Bon-Ton Stores is dangerously close to becoming the first department store casualty of the retail apocalypse.
Rating Action: Moody's Affirms Six Classes of CFCRE 2016- C6. Global Credit Research- 16 Nov 2017. Approximately $606 Million of Structured Securities Affected.
For a moment, ignore the valuation concerns about Amazon.com, Inc. (NASDAQ:AMZN) stock. Ignore the fact that the AMZN stock price has risen 259% over the past three years, or that Amazon stock trades at 143 times 2018 earnings estimate. Apple Inc. (NASDAQ:AAPL) has the world’s most dominant brand.
JCPenney (JCP) caught a temporary boost when it reported earnings last week. In fact, it was a big boost, as JCP stock price rallied nearly a buck from its $2.35 bottom to its recent $3.25 high. Full-year earnings per share guidance fell to a range of 2 cents to eight cents, from a prior range of 40 cents to 65 cents.
TJ Maxx and Marshalls saw a decline in comp sales for the first time in years. But TJX didn't exactly have the best explanation ...
Houston-based Francesca’s Holdings Corp. (FRAN) has hired Ivy Spargo as senior vice president and chief merchandising officer, effective Nov. 27. Spargo comes from Plano-based J.C. Penney Co. (JCP). Before joining the company in 2013, she held merchandising roles at Lands’ End Ic., Nike Inc. and The Limited Inc. after starting her merchandising career at The Gap Inc.
JCPenney and other department stores are finding it difficult to improve their sales amid growing competition from online retailers like Amazon (AMZN).
Merriam-Webster defines discount as “a reduction made from the gross amount or value of something.” In that sense, yes, JCP stock is on a discount. If I were speculating on J C Penney, I’d watch the 50 day moving average like a hawk.