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 ...
NEW YORK - Shares of J.C. Penney Co. plummeted nearly 15 percent Wednesday, a stumble on the department store chain's rough road to turn around its business. The Plano, Texas-based retailer is trying ...
Wall Street didn't like J.C. Penney's third-quarter surprise. The unexpected revenue shortfall seemed to catch analysts unawares despite the retailer's previous warnings that sales were slowing.