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JCP News and Press, J.C. Penney Company Inc. From 08/30/19

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Company Name: J.C. Penney Company Inc.
Stock Symbol: JCP
Market: NYSE

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JCP - Closing Above 2,930 Confirms New Highs - Here's Why. Also: Buy Tesla; Ulta Beauty Sandbagging

Legendary chart analyst Louise Yamada: ... "The bigger the base, the higher in space..." We have had this sideways movement since June, but let's focus down on this nearly mechanical up-and-down motion between 2,820s and 2,930 starting at the end of July. This is clearly a significant patt...

JCP - Why J.C. Penney Stock Popped Today

Shares of J.C. Penney (NYSE: JCP) jumped nearly 14% on Thursday, following share purchases by several of the company's executives. On Aug. 26, CEO Jill Soltau bought 500,000 shares of J.C. Penney stock at an average price of $0.56. Following the transaction, Soltau owned a total of more tha...

JCP - Investors In Retailing Should Avoid Focus On '4-Wall' Profitability

Last week, we got more color via a Barron's interview about Michael Burry, portfolio manager at Scion Asset Management and prominent player in Michael Lewis's The Big Short , and why he has taken a 3% stake in video game retailer GameStop (GME). Burry believes the business deterioration a...

JCP - J.C. Penney +8% on more insider buying action

J.C. Penney (NYSE: JCP ) is up 7.80% to $0.69 in premarket action after more insiders buy the penny stock. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...

JCP - Brixmor Is Poised To Profit - 6.1% Yield And 30% Upside

As a contrarian long-term oriented investor, I tend to focus on investment opportunities that have recently suffered a large sell-off and now sell at unjustifiably low valuations. In this sense, Brixmor Property Group ( BRX ) is the exact opposite of what typically catches our attention. I...

JCP - Don't Be Fooled: Kohl's Isn't an Undervalued Dividend Stock

Kohl's (NYSE: KSS) was once considered a survivor of the retail apocalypse. It rotated its products quickly, kept its inventories low, distanced itself from sickly malls with stand-alone stores, and kept its products organized on easy-to-navigate "racetracks." Those strategies enabled Kohl'...

JCP - JCP Stock Continues to Slide As Delisting Appears Imminent

J.C. Penney Company, Inc (NYSE:JCP) has been warned by the NYSE that it faces delisting from the exchange as JCP stock continues to tumble. The struggling American department store chain, which has 865 stores in the US and Puerto Rico, has seen its share price trade below $1.00 for 30 c...

JCP - J.C. Penney: NYSE Delisting Appears Imminent

Source: Forbes Earlier this month, J.C. Penney ( JCP ) received a notice from the NYSE that its stock was in jeopardy of being delisted from the exchange. The company's common stock traded below an average of $1.00 per share for 30 consecutive days: In a filing , J.C. Penney (NYSE: J...

JCP - Macy's and J.C. Penney Need Help. ThredUp Isn't It.

Struggling retailers J.C. Penney (NYSE: JCP) and Macy's (NYSE: M) certainly deserve credit for thinking outside the box. Last week, Macy's announced it would begin selling thredUP merchandise at 40 of its more than 600 locations. The very next day, J.C. Penney revealed it had forged t...

JCP - Can TJX Companies Fix Its Weakest Link?

TJX Companies (NYSE: TJX) , which owns off-price stores T.J. Maxx, Marshalls, HomeGoods, HomeSense, and Sierra Trading Post, has benefited from the "retail apocalypse" by gobbling up struggling retailers' inventories at rock-bottom prices and selling them to consumers at lower prices than Am...

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