According to CNBC, JCPenney is also searching for a new CEO, under pressure from activist investor Bill Ackman. Ackman was instrumental in the installation and removal of former CEO Ron Johnson. CNBC ...
Ordinarily, you’d expect a legal victory to give a company’s stock at least a short-term boost. But for J.C. Penney Company, Inc. (NYSE:JCP), all news lately has seemed to be bad news, and the stock ...
A series of hastily made and strategically misguided decisions has left JC Penney’s (JCP) stock battered. It has also left its shareholders disillusioned; after reassurances that there was no plan to ...
J.C. Penney (NYSE: JCP) stock has plunged in 2017 as investors have started to become more skeptical about the company's turnaround prospects. While J.C. Penney expects to produce positive adjusted ...
J.C. Penney is in the midst of one of the most remarkable turnarounds in retail history. Just three years ago, the company looked like it was following Sears Holdings down the road to ruin. Sales were ...