JCPNQ News and Press, JC Penney Co

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. An unforgettable 2020There was no shortage of coronavirus headlines in 2020 and the economic shocks from the pandemic are likely to reverberate for the for...

J.C. Penney's ([[JCPNQ]] +7.2%) new ownership, which includes mall REIT Simon Property Group ([[SPG]] +0.9%) and Brookfield Asset Management ([[BAM]] +0.3%), start a search to replace CEO Jill Soltau, who will exit the company on Thursday.JCPNQ climbs 7.2% in midafternoon trading in New ...

Malls have been hit hard by COVID-19. With vaccines, there's light at the end of the tunnel. We look at one of our favorite companies in this space with three great investment opportunities. For further details see: 2024 Bond Yield +20%: Washington Prime

Rite Aid's turnaround plan revolves around enhancing the in-store customer experience, which previous company executives and other retailers have already tried and failed. The income statement is plagued by unusual, non-recurring impairment and restructuring charges that cloud the pic...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. iCar?Apple's (AAPL) Project Titan is not only alive, but plans to produce an electric passenger vehicle with "breakthrough battery technology" and self-dri...

More than 11,000 retail location closures have been announced in 2020, according to a report from real estate firm CoStar Group, as the pandemic helped usher in an acceleration of online shopping."This movie is not finished. I suspect we're going to see more closings throughout 2021," said fo...

The extra-early start to the holiday promotions at leading retailers has done little to shore up retail spending. Retail sales are faltering, reversing promising rebounds this summer. Consumers are pulling back on retail spending as the jobs recovery is stalling and unemployment benef...

4 Penny Stocks Making Bigger Moves In December 2020 During COVID, trading penny stocks has been slightly different than in many years prior. While most stocks tend to trade based on some degree of speculation, penny stocks tend to be more speculative than most. This is due to th...

Absolute Return Partners was founded by Niels Jensen in 2002 and provides bespoke, thematic and innovative investment solutions for institutional investors and family offices. A zombie company is simply a company that is neither dead or alive. In other words, it is in so much debt tha...

Penney CEO Jill Soltau and Shaq to present grants, gift cards, and generosity at the Company’s Brand-Defining Store Dec. 1 This Giving Tuesday, JCPenney has the supersized assistance of Shaquille O’Neal to bring joy to deserving non-profit organizations, studen...