GO
Loading...

J C Penney Company Inc

More

  • Stocks Tick Higher; Yahoo, CNET Jump Thursday, 15 May 2008 | 11:17 AM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • JC Penney Profit Sinks 50%, But Shares Rise Thursday, 15 May 2008 | 9:20 AM ET
    J.C. Penney

    Retailer J.C. Penney reported a 50 percent drop in quarterly profit Thursday as weak demand forced it to cut prices to clear unsold merchandise, but the results were better than Wall Street expected.

  • UBS Upgrades Oil; Why GE Shares Popped Thursday, 15 May 2008 | 9:16 AM ET

    1) UBS is pounding the table on oil: It upgraded oil to $115 for 2008, $120 for 2009, and intitiates coverage of the offshore drilling sector, with buy ratings on Atwood, Diamond Offshore, Ensco, Noble, Rowan, and Transocean. Here are the reasons...

  • Market Insider/Thursday Look Ahead Wednesday, 14 May 2008 | 7:33 PM ET

    Wall Street's bulls are still running but they are no thundering herd heading into Thursday's market, which promises to be ruled by the economic data du jour, and the rise and fall of the price of a barrel of oil.

  • Macy's Profit Falls, Hurt by Lower Sales Wednesday, 14 May 2008 | 8:31 AM ET
    Macy's

    Retailer Macy's reported a quarterly loss Wednesday as a difficult retail environment hurt sales and it incurred costs from a restructuring.

  • Techs, Financials Lead Rally; HP Skids Monday, 12 May 2008 | 4:49 PM ET

    Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.

  • Stocks Advance; MBIA, RIMM Jump Monday, 12 May 2008 | 2:22 PM ET

    Stocks started the week off higher as the dollar rose to a two-month high and oil receded. MBIA bounced despite reporting an astouding quarterly loss.

  • Week Ahead: Will Stocks be Boiled in Oil? Friday, 9 May 2008 | 7:14 PM ET

    Wall Street is increasingly worried that bubbling over oil prices will scald the economy and the stock market. That's just one concern for traders in the week ahead which also has inflation data, retail sales and housing numbers. There are also earnings reports, TV networks' upfronts for advertisers, and plenty of Fed, Fed, Fed.

  • Consumers Feel Pinched, But Market Isn’t Worried Friday, 9 May 2008 | 4:45 PM ET
    Specialist Gregory Zenna, right, directs trading in shares of Verizon on the floor of the New York Stock Exchange, Monday Feb. 14, 2005.  Stocks were narrowly mixed Monday in quiet trading as Wall Street greeted Verizon Communications' $6.7 billion takeover of MCI Corp. with indifference. (AP Photo/Richard Drew)

    If energy and food prices continue to surge, consumers aren't going to be able to keep up, which would have a huge impact on the economy -- and stocks.  Still,  the market doesn't seem worried.

  • In Retail, Everything Must Go Thursday, 8 May 2008 | 3:27 PM ET

    Well, there is at least one stock worth keeping. Find out which company Cramer blessed.

  • L.L. Cool J put it best: “Don’t call it a comeback!” While the 80s/90s rapper is far from a retail analyst (he does have his only clothing line though), the idea best describes what I took away from same store sales results for the month of April.

  • Retail Sales Surge in April, but Shoppers Still Wary Thursday, 8 May 2008 | 1:41 PM ET

    Many US retailers posted better-than-expected sales in April. However, with most consumers sticking to bargains or basics, don't expect an extended rebound in retail.

  • Retail Sales Surge in April, but Shoppers Still Wary Thursday, 8 May 2008 | 10:44 AM ET

    Many US retailers posted better-than-expected sales in April. However, with most consumers sticking to bargains or basics, don't expect an extended rebound in retail.

  • As expected, the ECB and the Bank of England left interest rates unchanged; the ECB at 4.0 percent. Futures dipped a bit at 8:50 am ET as Mr. Trichet began talking, giving his usual speech on the importance of combating inflation.

  • Financials Lead Stock Sell-Off; Oil Tops $123 Wednesday, 7 May 2008 | 4:47 PM ET

    Stocks declined as soaring oil prices triggered concerns about inflation and consumer spending.

  • Wind In Their Sales? Tuesday, 6 May 2008 | 6:17 PM ET

    Ahead of same-store sales Thursday, we can’t help but wonder if those stimulus checks mean better times are on the horizon for retail?

  • Big US retailers are expected to show a slight improvement in April sales on Wednesday, but Wall Street still expects signs of weakness.

  • Stocks Falter as Oil Rises; Yahoo Plunges Monday, 5 May 2008 | 4:26 PM ET

    Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.

  • Protecting Profits Friday, 2 May 2008 | 4:54 PM ET

    Retail has been one of the best sectors since the market bounce began in early March, rising about 14% during that time. Is it time to take some profits?

  • Wall Street has been busy figuring out where and when consumers will spend their rebate checks, even as the latest consumer sentiment numbers show U.S. consumers are more distressed than they've been since 1982.