J.C. Penney’s stock will likely stay in a range of $25 to $30 in the near term, said one analyst, who warned investors against expecting any miraculous recovery in the company’s shares soon. Read More
After April’s weak jobs report, investors will scrutinize each piece of economic data for a read on whether the economy's soft patch is temporary or the start of something more troubling. Read More
Europe’s economy and changes at J.C. Penney may give the weather blame game competition when retailers release their upcoming sales and earnings reports. Read More
IBM is forecasting a surge in demand for home furnishings in the second quarter of this year. Their forecast calls for in-store sales of home furnishings to rise nearly 8 percent to $23.22 billion and online sales to surge 28.4 percent. Combined, the home furnishings market should grow 16.6 percent in the second quarter. Read More