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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...
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...
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. ...
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,...
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...
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 ...
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...
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% ...
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...
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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L Brands (LB), Macy’s (M),JC Penney (JCP), and Ascena (ASNA) are struggling due to decreased foot traffic for retail stores. Unlike other retailers, they’ve been unable to make up for it with online sales. Certain retailers are facing a crisis due to the coronavirus. The ...
Simon Property Group (NYSE: SPG) doesn't have enough money to buy up all of the retailers that are going to close their doors this year. The shopping mall operator has been on a spending spree , buying up bankrupt retailers in an effort to keep them from closing down and leaving vacant sto...
As J.C. Penney (NYSE: JCP) continues to maneuver through the complexities of Chapter 11 bankruptcy and its efforts to streamline its operations back into a financially sound business, 136 of its stores, earmarked for closure, began liquidation sales today. At the same time, the few remaining...