JC Penney Second Quarter Earnings Sneak Peek
S&P 500 (NYSE:SPY) component JC Penney (NYSE:JCP) will unveil its latest earnings on Friday, August 10, 2012. J. C. Penney is a holding company that offers merchandise and services to consumers...
View ArticleApple JUICY Above $624 in Monday Morning Market Mayhem
Apple (NASDAQ:AAPL) shares finished last week slightly higher and are ticking higher another half percent Monday morning as detailed sales numbers became available due to the ongoing legal battle with...
View ArticleFord Strikes Deal with CAW and 3 Morning Hot Stocks Buzzing on The Street
According to a report in the Kommersant financial daily, BP (NYSE:BP) and Rosneft met Russian supremo Vladimir Putin on Tuesday to discuss a deal whereby BP would sell its 50 percent stake in TNK-BP...
View ArticleJC Penney Third Quarter Earnings Sneak Peek
S&P 500 (NYSE:SPY) component JC Penney (NYSE:JCP) will unveil its latest earnings on Friday, November 9, 2012. J. C. Penney is a holding company that offers merchandise and services to consumers...
View ArticleJ.C. Penney May Suffer a Double Whammy and 4 Other Hot Stocks
The tripartite courtroom tussle between J.C. Penney (NYSE:JCP), Macy’s (NYSE:M) and Martha Stewart Living Omnimedia, Inc.(NYSE:MSO) will resume today, and retailer J.C. Penney faces the prospect of a...
View ArticleJ.C. Penney Gets Court Respite and 2 More Heavily Traded Stocks
J.C. Penney & Co. (NYSE:JCP): Closing price $14.50 A New York State Supreme Court judge ruled on Friday that J.C. Penney can sell some goods designed by Martha Stewart that were meant for shelves...
View ArticleMcDonald’s Denies Obnoxious Ad and 2 More Consumer Stocks at 52-Week Highs
McDonald’s Corporation (NYSE:MCD): Closing Price $103.59 FoxNews.com is reporting that McDonald’s is attempting to distance itself from an ad that is said to trivialize depression. The ad appeared on...
View ArticleJ.C. Penney Gets Booed and 4 More Analyst Downgrades To Know
Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future...
View ArticleWhy Are Target and Macy’s Suing Over Swipe Fees?
Retailers including Macy’s Inc. (NYSE:M) and Target Corp. (NYSE:TGT) are suing Visa Inc. (NYSE:V) and MasterCard Inc. (NYSE:MA) over swipe fees after turning down a $7.2 billion settlement offered by...
View ArticleJ.C. Penney Makes Big Gains on This Consumer Index
After hitting what appeared to be rock-bottom, J.C. Penney (NYSE:JCP) has take a step down the road to recovery. According to an influential consumer index, the company is getting better marks in...
View ArticleAnalysts: Broadcom is Neutral After Results and 3 More Research Notes to Read...
Broadcom (NASDAQ:BRCM): Citigroup downgraded Broadcom to Neutral from Buy, citing decelerating smartphone industry growth and increasing connectivity competition following the company’s second-quarter...
View ArticleWhy Did David Einhorn Drop Microsoft and J.C. Penney?
Microsoft (NASDAQ:MSFT) and J.C. Penney Co. (NYSE:JCP) are no longer on prominent hedge-fund manager David Einhorn’s radar, the Wall Street Journal reports. According to an investor letter, Einhorn...
View ArticleJ.C. Penney Keeps CIT Support, AstraZeneca’s Quarterly Results, and 3 More...
J.C. Penney (NYSE:JCP): Shares of J.C. Penney have calmed somewhat after a pre-market burst, and the retailer says that CIT is still supporting deliveries from vendors. An article published Wednesday...
View ArticleAnalysts: Apple Faces Risk to Consensus Estimates and 3 More Research Notes...
Apple Inc. (NASDAQ:AAPL): Jefferies believes investors are increasingly expecting Apple to miss its fourth quarter consensus estimates, due to a lackluster iPhone 5S launch. The firm sees risk to the...
View ArticleIs J.C. Penney Stock a Buy at These Prices?
With shares of J.C. Penney (NYSE:JCP) trading around $14, is JCP an OUTPERFORM, WAIT AND SEE, or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework: T...
View ArticleGoogle Debuts Moto X, Alaska Communications Slams Estimates, and 3 More Hot...
Google Inc. (NASDAQ:GOOG): The Motorola Moto X will be available on all four major U.S. carriers for a subsidized rate of $199. The phone features a 4.7-inch 720p display, a 10MP camera, Miracast...
View ArticleNike Cuts Braun Loose, Facebook Hires Ex-Google Executive, and 2 More Hot Stocks
Nike (NYSE:NKE): Nike has ended its sponsorship relations with Ryan Braun of the Milwaukee Brewers, who was recently suspended for the rest of the baseball season as the result of a probe being...
View ArticleAnalysts: Permanent CEO for J.C. Penney Is Positive and 3 More Research Notes...
J.C. Penney (NYSE:JCP): Buckingham says that investor Bill Ackman’s letter will motivate the board to accelerate its process to name a permanent CEO. The firm believes a more permanent CEO will help...
View ArticleAckman Appeals to J.C. Penney, JPMorgan’s Iksil Could Avoid Charges, and 3...
J.C. Penney (NYSE:JCP): Investor Bill Ackman has penned another letter — his second — to the retailer’s board, in which he says he wants to “join arms” and put the conflict behind them. However, Ackman...
View ArticleHoward Schultz on Bill Ackman Email: “A Despicable Act”
Howard Schultz, Starbucks’ (NASDAQ:SBUX) chief executive officer, sent some strong barbs toward Bill Ackman, the billionaire hedge fund manager at Pershing Square Capital Management, on Friday. Ackman...
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