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JCP News and Press, J.C. Penney Company Inc. From 04/09/20

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

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JCP - Why Luckin Coffee Stock Dropped

In this episode of Market Foolery , Chris Hill and Motley Fool contributor Dan Kline look at some headlines from Wall Street, including a closer examination of unemployment numbers and why Luckin Coffee  (NASDAQ: LK) stock dropped. A prominent cruise liner took on new debt and a major...

JCP - J.C. Penney: Avoid This 'Penney' Stock Despite Aggressive Short-Term Moves

Typically speaking, we write about dividend growth stocks. But today, I was thinking about an iconic brand from my childhood. My mom took us plenty of times to the J.C. Penney (NYSE: JCP ) . As many of us know, the company today is a far cry from the company back then. J.C. Penney's price ecli...

JCP - Retailers Huge Spring/Summer Women's Apparel Inventory Problem

Current Situation The Covid-19 virus has spread rapidly in almost all areas of the U.S. Various levels of lock downs have been employed nationwide. Because of the 1-2 week latency of the virus, it will take another week or two to see if current efforts will slow the spread of the virus. ...

JCP - Some beaten retail names start drawing bull cases

Among retail analysts, uncertainty rules the day amid the wreckage left by the COVID-19 pandemic. Many observers are waiting for more clarity in Q1 earnings reports before making a move, though there is positivity gathering around some downtrodden names. More news on: J. C. Penney Company,...

JCP - J.C. Penney Bucks Trend, Pays Its April Rent

While Cheesecake Factory (NASDAQ: CAKE) declared it will stop paying rent during the coronavirus pandemic and other companies have called for a "rent strike," one unlikely retailer,  J.C. Penney (NYSE: JCP) , is honoring its monthly obligation. Bloomberg reports that although the f...

JCP - Stocks To Watch: OPEC Goes Virtual

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

JCP - J.C. Penney: Bankruptcy Risk Increases With The Extended Store Closures

I noted recently that J.C. Penney's ( JCP ) store closures were likely to be prolonged from the initial April 2 date. J.C. Penney has now extended its store closures indefinitely, with a plan to follow guidance from government officials as to when it is safe to reopen. It appears now tha...

JCP - Department store malaise at a peak

Dillard's ( DDS +3.8% ), Nordstrom ( JWN +1.0% ), J.C. Penney ( JCP -3.9% ) and Kohl's ( KSS +0.1% ) all traded at a new 52-week low earlier in today's session before recovering a bit. Macy's ( M +6.8% ) managed to avoid carving out a new low and is up nicely, but is still off 72% ...

JCP - J.C. Penney to Furlough Most Store Employees

Joining other big retailers in temporary workforce reductions, J.C. Penney (NYSE: JCP) is furloughing most of its hourly store associates due to the COVID-19 pandemic , which is forcing non-essential businesses across the country to temporarily close their doors. The company announced the m...

JCP - More furloughs sweep over J.C. Penney

J. C. Penney ( JCP +0.4% ) says it will extend the temporary closure of its stores and business offices due to the pandemic. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...

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