NEW YORK, Nov 18 (Reuters) - Hennessy Funds has been buying shares of J . C . Penney Company Inc and JetBlue Airways Corp as part of a bet on middle-income American consumers, portfolio manager Brian Peery said in an interview on Tuesday.
JCPenney ’s 10-Q report filed on Dec. 5 contained ..... disclosures and share movements highlight that JCPenney shares are a highly speculative investment ..... the end of September stock offering, JCPenney 's management had stated publicly that
(Reuters) - A JC Penney Co shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million of stock to shore up liquidity, which led to a steep drop in...
NEW YORK, Aug 5 (Reuters) - Vornado Realty Trust on Monday said profit rose for the second quarter, as the value of its investment increased in J . C . Penney Company , Inc department stores, offsetting...
supply. 5 “It’s very difficult to get zoned,” he says. “You also need anchor stores, and Macy’s, Nordstrom, JC Penney , and Sears aren’t exactly in expansion mode. In the next five years, there are probably going to be two new malls built, while
conspiring to slow sales, such as China store closings and an exit from the American Living business (previously at JCPenney JCP ), additional factors such as cold weather, Japanese economic and currency headwinds, and global macro worries weighed
J.C. Penney JCP announced first-quarter 2013 earnings after the market close today, having released a press release a week ago disclosing a
May 15 (Reuters) - Blackstone Group LP : * Reports 282,500 share stake in J C Penney Co as of March 31 valued at
J.C. Penney JCP announced preliminary first-quarter sales and balance-sheet figures last night, which we suspect was in part due to Regulation
We are moving our fair value uncertainty rating for J.C. Penney JCP to extreme from very high, as the lack of clarity on potential capital raises and uncertainty about liquidity draws over the next