Tagged: JCP

0

J.C. Penney Earnings; The Good, The Bad, The Ugly

Results Q4 2013 EPS: $0.11 FY 2013 EPS: -$5.57 The Good This quarter was not as bad as previously feared. The company reported positive GAAP Earnings of $0.11 per share or $35 million, a...

0

J.C. Penney Earnings Preview Q4 & FY 2013

J.C. Penney (JCP) will report earnings Q4 2013 after market close on February 26th, 2014. Zacks Consensus Estimates Q4 2013: -$0.79 FY 2013: -$6.04  Previous Results Q3 2013: -$1.85 Q4 2012 -$1.95 Companies’ 4th...

0

JC Penney Provides Update

JC Penney (JCP) whom was content to tell us that they were pleased with their Holiday results in a very strange update provided a financial update today titled “Turnaround Remains on Track”. In true...

0

J.C. Penney extends Poison Pill

The WSJ is reporting, J.C. Penney (JCP) extended the expiration date of a poison pill it enacted in August 2013. A poison pill is a defensive maneuver against a corporate take over. It also...

0

JC Penney to close 33 stores and lay off 2000

Despite being pleased with its holiday season, J.C. Penney (JCP) will close 33 stores and lay off 2,000 employees. The annual cost savings are estimated to be about $65 million. This was not a...

0

A Tale of Two Retailers: Macy’s and J.C. Penney

Macy’s (M) & J.C. Penney’s (JCP) both provided updates on the Holiday Season today. What was most notable about them is how different the updates were. First Macy’s summarizing the following press releases(I, II):...

0

5 worst CEOs of 2013

There’s no better time then now. Let’s take a look at the invest correctly Worst CEOs of 2013. 5. It’s very easy to end up on this list when you’re apart of a company...