Macy's will open the doors to its full-line department stores at 6 p.m. on Thanksgiving Day, two hours earlier than last year.» Read More
Oct 13- J.C. Penney Co Inc named Home Depot Inc executive Marvin Ellison as its new chief on Monday, ending an 18- month search but barely allaying investor concerns over problems facing the money-losing department store chain. Ellison, 49, an industry veteran credited with reviving Home Depot's U.S. business, will join J.C. Penney as a board member in November, and...
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Atlas Energy LP, up $4.84 to $37.25. CSX Corp., up $1.76 to $31.70.
Stocks rose Monday after last week's rout that came as investors fretted signs of a slowing global economy.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 4.2 percent to $2.84 with 21,223,400 shares traded. Bank of America Corp. rose. 9 percent to $16.63 with 55,125,600 shares traded.
Some of Monday's midday movers:
J.C. Penney's shares were down 11.8 percent at $8.10 in afternoon trading on the New York Stock Exchange on Wednesday. At its analyst day in New York, J.C. Penney Chief Executive Myron Ullman outlined plans to generate incremental sales of $2 billion between 2015 and 2017, by revamping high traffic areas of its stores. J.C. Penney, which carries an exclusive...
U.S. stocks swung wildly last week and ended lower because of renewed fears of a slowdown in Europe. J.C. Penney rose 3 percent after naming a Home Depot executive as its next CEO. Crude oil fell 96 cents to $84.88 a barrel.
Kohl's Corp. fell$. 52 or. 9 percent, to $56.09. Macy's Inc. fell$. 54 or 1.0 percent, to $56.14. Nordstrom fell$. 58 or. 8 percent, to $69.46.
NEW YORK— U.S. stocks are stabilizing after their worst week in more than two years. China released trade figures Monday that showed a pickup in export growth and imports last month. J.C. Penney rose 5 percent Monday after it named a Home Depot executive as its next CEO.
Oct 13- J.C. Penney Co Inc ended a year long search for a chief executive, naming retail industry veteran Marvin Ellison to replace interim CEO Myron Ullman in August 2015. "With operational execution critical at this point in J.C. Penney's lifespan, Ellison's operational background is needed." J.C. Penney said Ellison would join on Nov. 1 as president and...
J.C. Penney on Monday appointed Marvin Ellison president and CEO-designee, effective Nov. 1. He will also join the retailer's board of directors.
NEW YORK— J.C. Penney has named a Home Depot executive as its next CEO. J.C. Penney's shares rose in premarket trading on the news. "The board has completed its search for the right CEO to lead the next stage of JC Penney's growth," said Thomas J. Engibous, chairman of J.C. Penney's board of directors in a statement.
Oct 13- J.C. Penney Co Inc said Marvin Ellison, Home Depot Inc's head of U.S. stores, would replace Myron Ullman as chief executive in August 2015. Ullman, who was CEO from 2004 to 2011, was brought back as interim CEO in April last year to stem a sales hemorrhage blamed on former CEO Ron Johnson. J.C. Penney said Ellison would join on Nov. 1 as president and CEO-designee.
Some of the names on the move ahead of the open.
Retail experts disagree on whether falling oil prices will bring in more foot traffic and help holiday sales.
Kohl's Corp. rose$. 40 or. 7 percent, to $57.54. Macy's Inc. rose$. 81 or 1.4 percent, to $57.21. Nordstrom rose $1.11 or 1.6 percent, to $70.93.
Some of Friday's midday movers:
Kohl's Corp. fell$. 27 or. 5 percent, to $56.87. Macy's Inc. rose$. 17 or. 3 percent, to $56.57. Nordstrom rose$. 68 or 1.0 percent, to $70.50.
Kohl's Corp. fell$. 92 or 1.6 percent, to $57.14. Macy's Inc. fell $1.58 or 2.7 percent, to $56.40. Nordstrom fell$. 83 or 1.2 percent, to $69.82.
American workers' hourly wages in the private sector rose just 2 percent over the past 12 months, in line with what has been seen over the past few years, and was roughly flat in September, a Labor Department report showed last week. It gets affected by things such as the ISIL threat and the Ebola threat and issues that make people worry, "said Hugh Johnson, chairman and...