Shares of JC Penney keep falling following CEO Ron Johnson's firing. Matthew Boss, JPMorgan; Brian Mcgough, Hedgeye Risk Management; and CNBC's Scott Wapner and Courtney Reagan, discuss.
The replacement of CEO Ron Johnson at J.C. Penney caps what has truly been a disastrous turn of events for the 110-year-old retailer. What went wrong?
In 2012, JC Penney lost $985 million under Ron Johnson and $25 million 2011 with Mike Ullman as CEO, for 10 months of that year. CNBC's Courtney Reagan offers insight. Gina Chon, Quartz reporter, and Jan Kniffen, J Rogers Kniffen CEO, weigh in.
What's at stake for JC Penney and its shareholders now that its CEO Ron Johnson is stepping down, with Liz Dunn, Macquarie Capital, and CNBC's Herb Greenberg.
Facing sharp declines in sales and a plunging stock price, JC Penney's newly re-appointed CEO Mike Ullman must stabilize the struggling retailer's sales while modifying its strategy for winning over customers, analysts said.
Some times big ideas are just too big to work. That's what happened when the brilliant hedge fund manager tried to remake JC Penney.
The "Fast Money" traders share their final trades of the day.
Hedge fund manager Bill Ackman is a big player and board member of JC Penney, and has a large short position in Herbalife. CNBC's Kate Kelly reports how Ron Johnson's exit is impacting Ackman's holdings.
Shareholders lost 51 percent during former JC Penney CEO Ron Johnson's stewardship, reports CNBC's Courtney Reagan. A look at what it cost Johnson himself. George Bradt, PrimeGenesis, and Charles Elson, University of Delaware professor, weigh in.
Research Director for Mad Money, Nicole Urken, discusses JCP’s demise and the difficulty of turnaround.
CNBC's Jim Cramer said he expects activist investor Bill Ackman to do something drastic to take the spotlight off of JC Penney.
Jim Stewart, The New York Times columnist, has plenty of criticism for outgoing JC Penney CEO Ron Johnson and investor Bill Ackman. (5:25)
CNBC's Courtney Reagan reports some investors thought Ron Johnson would be given more time to implement his business model. Meanwhile, Mike Ullman starts today as Johnson's replacement.
JC Penney's board made the "right choice" in bringing back Mike Ullman as CEO to try to save the company, but "I worry," Jim Cramer said Tuesday, a day after the ouster of Ron Johnson.
CNBC's Courtney Reagan reports the latest details on the departure of JC Penney CEO Ron Johnson. Brian Nagel, Oppenheimer analyst, discusses how the transition in leadership is impacting the stock.
"What is going on here?", asks CNBC's Jim Cramer, as the The "Squawk on the Streeet" new team await news on why Herbalife has stopped trading and the company's auditor, KPMG resigned. With CNBC's Herb Greenberg.
The "Squawk on the Street" news team reports on today's top business headlines, including the ousting of JC Penney's Ron Johnson and what's at stake for hedge fund manager Bill Ackman.
Steve Bertoni, Forbes associate editor, provides perspective on the change in leadership at JC Penney; the future of the retailer; and hedge fund manager Bill Ackman's stake in the company.
Some of the names on the move ahead of the open.
Ron Johnson is out as CEO of JC Penney, and replaced with former leader, Mike Ullman. Will the switch help turn the struggling retailer turnaround? Jeffrey Sonnenfeld, Yale University School of Management, discusses.