|Bid||0.0000 x 1300|
|Ask||0.0000 x 3000|
|Day's Range||0.6042 - 0.6793|
|52 Week Range||0.5300 - 2.0500|
|Beta (3Y Monthly)||2.58|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 13, 2019 - Nov 18, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.86|
Yahoo Finance Editor-at-Large Brian Sozzi joins The Final Round to discuss Walmart, whose better-than-expected second-quarter earnings prompted shares to soar in Thursday's trading session.
JCPenney news for Tuesday includes JCP stock jumping after a large purchase of shares.Source: Supannee_Hickman / Shutterstock.com JCPenney (NYSE:JCP) released a filing with the U.S. Securities and Exchange Commission notifying it about the change in ownership of JCP shares. The buyer of the shares is company Chairman Ronald Tysoe.Tysoe bought a total of 1 million shares of JCP stock. He did this on Aug. 16. The shares were bought in multiple transactions that valued them between 55.7 cents and 62.2 cents. The average price for the shares was 59 cents each. That means he paid roughly $590,000 for the shares of JCP stock.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe JCPenney news about Tysoe buying up shares of its stock comes after JCP hit a low of 55 cents on Aug. 16. This low price is likely one of the reasons that the Chairman grabbed extra shares of the stock.So why exactly was JCP stock so low on Aug. 16? That's one day after the company released its earnings report for the second quarter of 2019. Mixed results for the quarter weren't a positive for the stock. * 10 Undervalued Stocks With Breakout Potential More recent JCPenney news includes a deal that will have it selling used clothing at select stores. This comes from a partnership with thredUP. The company is hoping that this new offering will allow it to attract more eco-friendly customers to its stores.JCP stock was up 7% as of noon Tuesday, but is down 48% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.The post JCPenney News: JCP Stock Pops on Insider Buying appeared first on InvestorPlace.
The ratings on six principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 6.8% of the current pooled balance, compared to 6.0% at Moody's last review. Moody's base expected loss plus realized losses is now 6.6% of the original pooled balance, compared to 5.9% at the last review.
Tysoe bought shares of the department store on the open market for the first time in years. He bought J.C. Penney stock near the record low of 53 cents.
What's Next for Walmart Stock and a Target earnings preview on the latest episode of the Full-Court Finance podcast from Zacks Investment Research.
The principal methodology used in these ratings was "Moody's Approach to Rating Large Loan and Single Asset/Single Borrower CMBS" published in July 2017. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.
Rating Action: Moody's upgrades five and affirms nine classes of MSBAM 2012- C5. Global Credit Research- 16 Aug 2019. Approximately $943 million of structured securities affected.
A JCPenney-thredUP deal will have the retail chain selling used clothes in its stores.Source: Supannee_Hickman / Shutterstock.com The deal between JCPenney (NYSE:JCP) and thredUP will have the chain's working together to sell used clothing for women. This will be possible with sections between 500 sq. ft. and 1,000 sq. ft. popping up in some JCP locations.So what stores will the JCPenney-thredUP deal affect. The new release from JCP doesn't go into detail about which of its stores will be selling used clothing. However, it does note that the change will be coming to 30 of its locations.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAccording to the two companies, the JCPenney-thredUP deal will have them refreshing each store's used clothing section every week to show off different items. Items that customers can purchase include handbags and clothing. JCP is betting that being able to try on clothes before purchasing will help customers get over the fact that they are secondhand.The JCPenney-thredUP deal will also still benefit customers that are part of the retail chain's loyalty program. This is due to purchases of the used clothing still earning customers JCPenney Rewards. * 10 Cheap Dividend Stocks to Load Up On "While there are more secondhand shoppers than ever before, we'll continue to test and evaluate how this resonates with customers," Michelle Wlazlo, Executive Vice President and Chief Merchant for JCPenney, said in a statement . "We're excited about the prospect of creating a new in-store experience that makes high-end brands attainable, as well as catering to eco-minded consumers who want more sustainable options in their wardrobe."JCP stock was up 3% as of noon Friday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.The post JCPenney-thredUP Deal: JCP Stores Will Sell Used Clothes appeared first on InvestorPlace.
Macy's, Dillard's, and J. C. Penney posted bearish second quarter results that signal the resumption of the group's historic downtrend.
More shoppers are buying secondhand goods, and brands are getting in on the action rather than leaving that business to thrift and consignment stores.
J. C. Penney's (JCP) Q2 performance is adversely impacted by weak comps. To improve matters, the company announces partnership with thredUP.
J.C. Penney's second-quarter earnings report was far from perfect, but an improvement in adjusted EBITDA should give management some breathing room to implement a turnaround strategy.
Rating Action: Moody's upgrades four and affirms nine classes of WFRBS 2012- C8. Global Credit Research- 15 Aug 2019. Approximately $906.8 million of structured securities affected.