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Friday brought further volatility to the stock market, although most major benchmarks managed to finish the day in the green. Losses earlier in the session seemed to come from nervousness about whether reopening parts of the economy in some states will lead to a coronavirus backlash or help to g...
Will These Penny Stocks Stay Below $2? Penny stocks are always considered high-risk, high-reward equities. But many investors still have a hard time with the standard definition of penny stocks . According to the Securities and Exchange Commission, penny stocks are shares of public companie...
J.C. Penney (NYSE: JCP) pulled a head fake with investors this morning after trading of the retailer's stock was halted so it could report some news. Although everyone expected the troubled department store was going to declare bankruptcy, it instead said it had made the interest payment du...
Shares of J.C. Penney (NYSE: JCP) , the ailing department store chain, soared today after the company surprised investors by making a $17 million interest payment that was due today. Reports had been circulating that the company was planning to file for bankruptcy, but the interest ...
Shares of J.C. Penney (NYSE: JCP ) have been halted with news pending. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...
J.C. Penney (NYSE: JCP ) is down 17% in premarket trading to $0.16 on volume of over 1M shares as some brave souls make bets on the department store operator with a bankruptcy filing possible today. More news on: J. C. Penney Company, Inc., Macy's, Inc., Kohl's Corporation, Con...
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 . As the U.S. tries to wrestle global supply chains back from China, Taiwan Semiconductor (TSM), a major supplier to Apple (AAPL) an...
The last 10 years of the bull market have conditioned investors to believe that a rising tide lifts all boats. Forgotten are the lessons learned from 2009 when challenging economic conditions saw the end to the likes of Countrywide Financial, Bear Stearns, Lehman Brothers and Wachovia, among o...
J.C. Penney (NYSE: JCP ) is planning to file for bankruptcy within the next 24 hours, CNBC reports. More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...
Just because J.C. Penney (NYSE: JCP) is expected to file for bankruptcy on Friday, missed its bond payments , is scrounging in the couch cushions for money to keep going through a restructuring, and has furloughed tens of thousands of employees doesn't mean its executives don't deserve ...
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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...