J.C. Penney said it is pursuing the potential sale and partial leaseback of its headquarters building in Plano, Texas in an effort to cut costs.» Read More
ADP numbers and better-than-expected June retail sales across the board put a smile back on retail investors’ faces today. So is it time to break out the champagne?
Retailers reported sales in June that looked very solid, but the virtual silence regarding second-quarter earnings speaks volumes. Retailers are uncertain about how consumer spending will play out in July.
Stocks climbed Thursday, led by banks, after investors cheered a pair of employment reports that showed better-than-expected results and as retailers posted monthly chain-store sales that largely outpaced estimates.
Many retailers outpaced Wall Street estimates for monthly sales in June, according to early reports out Thursday.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
J.C. Penney says its newly-designated CEO from Apple won't assume the job's full duties until February, even though he takes the title in November.
Stocks closed broadly lower Wednesday as the dollar jumped following worries over the exacerbating Greek debt situation and after a handful of dismal economic news.
Stocks remained under pressure Wednesday, led by banks, following a handful of weaker-than-expected economic news and amid worries over renewed concerns over the Greek debt situation.
Futures added to losses Wednesday following a weaker-than-expected Empire state manufacturing survey and amid worries over a new aid for Greece resurfaced after the euro zone finance ministers failed to forge a deal.
Two months ago on Fast Money top hedge fund manager Whitney Tilson recommended shares of JC Penney. And now he likes it even more.
Stocks slipped slightly from session highs but still closed broadly higher Tuesday, led by gains in the energy sector, following a handful of economic news that helped boost market confidence.
The “Mad Money” host also explains what it means for J.C. Penney's future prospects.
Stocks pointed to a higher close Tuesday after a handful of economic data helped boost market confidence and after Fed chairman Ben Bernanke said failure to raise debt ceiling could result in severe market disruption.
CNBC's Jim Cramer says the retailer's new CEO, Ron Johnson is the greatest living merchant of our time.
On Tuesday shares of Apple and JC Penney landed on almost every investor’s radar after the department store staged what some consider a corporate coup d’etat.
JC Penny's shares surged on reports it hired Apple's Ron Johnson. A look at what it means for the retailer and shareholders, with Gene Munster & Jeff Klinefelter, Piper Jaffray, and the Fast Money traders weigh in on trades to place today.
Stocks rallied over 1 percent Tuesday following a handful of economic data that helped boost investor confidence and after China's robust industrial production report.
Apple is challenging the dominance of department stores, according to The Wall Street Journal. But there are several functions an anchor serves that Apple is unlikely to fill.
J.C. Penney's same-store sales disappointed traders in April, and the sentiment is negative going into its monthly report.
Mitt Romney's presidential campaign will focus on his executive experience in the Massachusetts statehouse, but the former Bay State governor and GOP presidential hopeful's calls as co-founder of Bain Capital have had a much bigger impact on the American consumer so far. ...A report from TheStreet.