Topic: J.C. Penney Co. Inc.

Wall St Week Ahead: Retailers' results may sway stocks

NEW YORK (Reuters) - U.S. stock investors will brace for further signs of weakness in the U.S. recovery next week as earnings from key retailers are expected. Industrial production, housing and inflation data will come under scrutiny as well, just as stocks ...

Penney profit beats but outlook week

NEW YORK (Reuters) - J.C. Penney Co Inc reported stronger-than-expected quarterly earnings on Friday on tighter cost controls but the department store chain gave a profit outlook that fell short of Wall Street forecasts. Shares fell 1.4 percent in premarket trading. Penney ...

Caution prevails, but volatility seen lower

NEW YORK (Reuters) - U.S. stock investors are turning more to options for protection after the latest data showing the frailty of the economic recovery, but they may find some comfort in Wall Street's "fear gauge." After a dismal July payrolls report, ...

Retail sales tepid as frugality returns

NEW YORK (Reuters) - Retailers posted July sales below analysts' expectations in the latest sign that skittishness about high unemployment and the economy in general are causing consumers to cut spending and focus on essentials. Some retailers that did manage to eke ...

June retail sales could mask weakness ahead

NEW YORK (Reuters) - U.S. retail sales are expected to have risen in June due to warm weather and a late Memorial Day, but the gains may be just a temporary reprieve in an uncertain economy. Retail chains from Target Corp to ...

U.S. dept stores may struggle to satisfy investors

NEW YORK (Reuters) - Top U.S. department stores are expected to show this week that the strong momentum from last year's holiday season has carried into spring, but investors are already looking toward summer and autumn. Macy's Inc , JC Penney Co ...

Wal-Mart CEO pay down a year after stock award

CHICAGO (Reuters) - Wal-Mart Stores Inc CEO Michael Duke received a compensation package worth a bit more than $19 million in the fiscal year ended in January, down from $28.2 million a year earlier when he received a big stock award related ...

Penney's 4Q results at a glance

<div id="subtitle">Penney's profit beats Wall Street expectations; sales slip, but company issues upbeat forecast</div><div><p>J.C. Penney's fourth-quarter profit declined 5.2 percent, dragged down by a big expense for its pension plan. But it issued an upbeat sales and profit forecast.</p><p>Here's a breakdown of ...

Storm threatens retailers' last holiday push

LOS ANGELES/CHICAGO (Reuters) - U.S. retailers' final weekend sales push before Christmas was under threat as a severe winter snowstorm struck the East Coast, forcing store closures and keeping shoppers at home on "Super Saturday." The last Saturday before Christmas typically accounts ...
J.C. Penney appoints Oxygen Media co-founder Geraldine Laybourne to its boardDepartment store chain J.C. Penney Co. said Tuesday it has appointed a co-founder of Oxygen Media, Geraldine Laybourne, to its board. Laybourne was most recently CEO and chairman of Oxygen Media. She ...
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