J C Penney Company Inc
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JC Penney said its credit line has been increased to $2.25 billion from $1.75 billion.
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Price wars and saavy retailers ready to compete on price mean lots of great gifts under $10. Here are some great gifts for men, women and kids that won’t drain your bank account.
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Stocks pulled off a modest gain Friday after an early blast from a surprisingly good jobs report and then a subsequent retreat as the dollar gained strength.
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After an early rally on the better-than-expected jobs report, the market turned lower as a rebounding US dollar sent investors out of stocks and commodities.
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What's the best retail play for this holiday season? Cramer has his prediction, and the evidence to back it up.
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Markets started off the new month with a rally. Where should investors be looking? Gibson Smith, co-CIO and portfolio manager at Janus Capital Management shared his 5-star investing strategies on fixed income.
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Last Friday — known as "Black Friday" — kicked off the start of the holiday shopping season. Charles Grom, retail analyst at JPMorgan, shared his views on the strength of the retail sector.
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US markets are bracing for a shakeup Friday after investors fled risk assets globally on concerns about Dubai's debt rescheduling.
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Although consumers are mired in the deepest recession in decades, there are plenty of reasons to believe that this holiday season will not be as bad for retailers as last year.
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Stocks snapped a three-day winning streak on Wednesday after a report showed housing starts fell sharply in October. Techs took a hit after weak outlooks from two software firms.
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Stocks opened slightly lower Wednesday as investors grew jittery over a government report showing that housing starts fell sharply in October.
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Stocks opened slightly lower Wednesday as investors grew jittery over a government report showing that housing starts fell sharply in October.
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Hint: Not in the most obvious locations, or on traditional items. Plus, an IPO recommendation.
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The Federal Reserve is monitoring the declining value of the dollar closely as part of its commitment to both jobs growth and price stability, said Fed Chairman Ben Bernanke on Monday. Art Cashin, director of floor operations at UBS Financial Services, shared his insights on the Fed and the markets.
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Around 60 percent of customers said they feel guilty when they buy something they don't need, and they want to simplify their lives, JC Penney Chairman and CEO Mike Ullman told CNBC Tuesday.
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U.S. producer prices rose more slowly than expected in October despite a rebound in food and energy costs, according to a report on Tuesday. Bruce Kasman, chief U.S. economist at JPMorgan, shared his view.
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Stocks advanced Friday as Disney's earnings beat and JCPenney's outlook helped offset worries about a drop in consumer sentiment. For the week, the Dow gained 2.5 percent, finishing at its highest level since Oct. 2008.
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The S&P 500 closed higher on Friday, giving the stock market a second straight week of gains as upbeat retail news reinforced hopes for strong sales this holiday season.
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Next week, more from retailers. October Retail sales on Monday, along with more retail earnings from companies like Saks and Target.
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The market will continue to rise, with the S&P finishing the year above 1,100, but its success hinges on the performance of the retail sector this holiday season, said Steve Grasso, market analyst at Stuart Frankel.
