Home>J.C. Penney Company, Inc. JCP Q4 2011 Earnings Call Transcript
J.C. Penney Company, Inc. JCP Q4 2011 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Fri, 24 Feb 2012
Greetings and welcome to the J. C. Penney Fourth Quarter and Year End 2011 Earnings Conference Call. It is now my pleasure to introduce your host, Kristin Hays, Vice President of Investor Relations for J. C. Penney. Thank you. Ms. Hays, you may begin.
Morningstar director of economic analysis Bob Johnson addresses recent sluggishness in the economy and makes the case for better growth in the second half of the year.
As economic concerns weighed, taxable-bond funds were the strongest asset gainers in May , but their inflows were only about half what they were the prior month, says Morningstar's Kevin McDevitt.