3.39 -0.05 (-1.45%)
After hours: 6:17PM EDT
|Bid||3.39 x 1200|
|Ask||3.46 x 1000|
|Day's Range||3.35 - 3.46|
|52 Week Range||3.31 - 10.74|
|PE Ratio (TTM)||-9.03|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Department stores and retailers are taking serious initiatives to gear up for the crucial 2017 holiday season.
“It’s all inside” at JC Penney Company Inc (NYSE:JCP), and for JCP stock investors that has been less than good news for a very long time. It has been an awful few years for JCP stock. The way consumers shop is largely owned by Amazon.com, Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc (NYSE:WMT) and Target Corporation (NYSE:TGT).
There is a chill in the air, and even though Halloween is several weeks away, Americans are starting to think about holiday shopping, as retailers complete their hiring plans.
J.C. Penney's shrinking market valuation is a sign that experts believe that holiday sales may be poor enough that the struggling retailer will have to sharply cut its store count and employee levels once ...
Personally speaking, J C Penney Company Inc (NYSE:JCP) is a painful lesson in market timing: You can have the right argument and still lose the debate. Several years ago, I bought put options against the retailer, assuming that the JCP stock price would fall dramatically. For quite some time, JCPenney stock proved doubters wrong.
The company is ramping up efforts as it gears itself for Christmas, Black Friday and all the other holiday shopping that is coming in the next couple of months. The 120,000 jobs it will add will equal the amount of new workers it brought in for a few months. Industry surveys predict that shoppers will spend more money this year than they did in 2016 on holiday shopping.
Rating Action: Moody's Affirms Ten and Downgrades Two Classes of WFRBS 2012- C10. Global Credit Research- 13 Oct 2017. Approximately $1.09 Billion of Structured Securities Affected.
Minnesota-based Target Corp. (TGT) will hire 1,500 seasonal employees in the Houston area — and 6,000 across Texas. The company is holding 1,816 simultaneous hiring events Oct. 13-15 from 10 a.m. to 6 p.m. at Target stores nationwide.
Shares of J.C. Penney Co. Inc. tumbled 2.6% toward another record low in active trade Thursday, amid broad weakness in the retail sector after apparel retailer J.Jill Inc.'s profit warning. About 13.8 ...
Earlier this month, J C Penney Company Inc (NYSE:JCP) hit a new 52-week low. It was just below the previous low hit in mid-August, and JCP stock is now down 58% on the year. At some point, it may be worthwhile buying the stock, but is it now?Source: Mike Mozart via Flickr (Modified)
Rating Action: Moody's Affirms Six and Downgrades Three Classes of COMM 2005- LP5. Global Credit Research- 12 Oct 2017. Approximately $82.2 Million of Structured Securities Affected.
J C Penney Company Inc. (NYSE:JCP) is a dicey proposition for investors and with good reason.Source: Mike Mozart via Flickr (Modified)
Indeed, shopping season is likely to be more blissful for retailers. They are bracing up for this year's race and have announced hiring plans for the upcoming holiday season to meet the rush.
J.C. Penney Co. Inc. said Tuesday that it has partnered with Tracee Ellis Ross, star of the show "Black-ish," for a holiday capsule collection, available in stores and online starting November ...
Rating Action: Moody's Upgrades Two, Affirms Three and Downgrades One Class of COMM 2007- C9. Global Credit Research- 06 Oct 2017. Approximately $112.4 Million of Structured Securities Affected.
A small group of contrarian stock pickers are buying shares in struggling US retailers as the growing challenge of online shopping has driven the traditional bricks-and-mortar sector down to valuations ...
Rating Action: Moody's Affirms Eight Classes of GSMS 2015- GS1. Global Credit Research- 05 Oct 2017. Approximately $661.5 Million of Structured Securities Affected.
Off-price retail chains like TJX Cos. and Nordstrom’s Rack chain, a bright spot in the troubled retail sector, are showing signs of slowdown.