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Analysts: J.C. Penney May Need Additional Liquidity and 3 More Research Notes...
J.C. Penney (NYSE:JCP): Wells Fargo says that J.C. Penney’s second-quarter results are “relatively uneventful” and keeps an Underperform rating on the stock. The firm says the retailer is selling...
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J.C. Penney Pens Stockholder Rights Plan, Canada Keeps an Eye on BlackBerry,...
J.C. Penney (NYSE:JCP): J.C. Penney has developed a one-year stockholder rights plan in order to protect itself against any abusive takeover plots and maintains that the action isn’t a reaction to any...
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Why is J.C. Penney Borrowing Even More Money?
J.C. Penney (NYSE:JCP) is in the midst of a turnaround attempt that has seen the company borrow more than $3 billion this year. Now, people with knowledge of the situation are telling Bloomberg that...
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Analysts: Buy Best Buy on Weakness and 3 More Research Notes to Check Out
Best Buy (NYSE:BBY): Citigroup has upgraded Best Buy to Buy from Neutral, citing yesterday’s pullback in shares, easy same-store-sales and margin comparisons, as well as the company’s growing cash...
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J.C. Penney Sends Mixed Signals: Revived Commissions, Employee Layoffs
J.C. Penney (NYSE:JCP) shares finished up 1.15 percent sitting at $7.01 at the end of trading in New York, Wednesday, just before the struggling retailer announced that it plans to close 33 stores and...
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What Football? Social Media Stole the Show at Super Bowl XLVIII
Source: Josh Denmark / Flickr Sorry, Peyton Manning, but the football played during Super Bowl XLVIII was kind of a bore. The tweeting that went on behind the scenes, though? Now that was worth...
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Stock Market: Be Greedy When Others Are Fearful
Source: Thinkstock Buying out of favor stocks is one of the most difficult things to do. Often, when stocks fall dramatically, it does so for valid reasons. Furthermore, the lower they sink, the worse...
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6 CEOs Ousted After a Major Screw-Up
For Americans, there’s a certain thrill and sense of satisfaction that comes with watching someone end up on the receiving end of the ceremonial axe. Whether it be the leader of a corrupt nation or...
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What a Higher Gas Tax Means For Your Portfolio
Source: Thinkstock On Wednesday we learned that two senators—Bob Corker and Chris Murphy—have proposed a $0.12/gallon increase in the gas tax in the United States. This would add to the $0.184/gallon...
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3 Ways to Prepare for the Coming Recession
Source: Thinkstock Investors essentially shrugged off yesterday’s news that first quarter GDP came in at negative 2.9 percent. But that doesn’t mean you should too. The economy is weak, and with the...
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