Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

J. C. Penney Company, Inc.

More Headlines »« Less Headlines

J. C. Penney Company, Inc. () is a chain of American mid-range department stores based in Plano, Texas, a city north of Dallas.

Read More at Wikipedia ›

Related Topics

  1. J.C. Penney Company
  2. Kohl's
  3. Macy's
  4. Macy's
  5. U.S. Air Force
  6. Saks
Get updates on J. C. Penney Company, Inc.
Macy's Steps Outside US To Sell Merchandise In China

Macy's Inc.

's (M) is making its first investment abroad on behalf of its namesake stores by acquiring a stake in a Chinese online retailer that will sell Macy's merchandise on its website.The department store invested $15 million in China online retail company VIPStore Co. and now holds a minority stake, along with other venture capital providers, including Intel Corp.'s (INTC) Intel Capital. Macy's will sell its merchandise to Chinese consumers through a dedicated section on the website.The move will allow Macy's to "sort of test the waters a little bit and learn," Chief Financial Officer Karen Hoguet said at an industry conference. Macy's other retail division, the high-end Bloomingdale's chain, already operates in Dubai.The reason for making an equity investment in the online operation, instead of just selling through it, is it gives Macy's a seat on the board. The company expects to "learn about what's really happening, not only with our private brands but the website itself and th...

Read More ›

  1. Liz Claiborne Founder: Consumers are Confident About the Future

    Liz Claiborne founder Jerome Chazen on the outlook for the retail setor and consumer spending.

  2. Ackman's Pershing Square Slashes Kraft Stake By Nearly 27%

    Bill Ackman's Pershing Square Capital Management L.P. reported a significantly reduced stake in Kraft Foods Inc. (KFT), while keeping his other holdings largely unch...

  3. J .C . Penney Reports Larger-Than-Expected 1Q Loss

    CenterState Bank Executive V.P. Joe Keating and China-America Capital Company’s Tim Mulholland on J. C. Penny’s first-quarter earnings results.

  4. JC Penney Swings To 1Q Loss, Suspends Dividend

    J.C. Penney Co. (JCP) swung to a loss in its fiscal first-quarter, with customers failing to take to the retailer's new pricing strategy and the company's chief exec...

  5. Oil Prices Fall for Third Straight Day

    FBN’s Nicole Petallides on the drop in oil prices and its impact on energy companies.

  6. J .C . Penney Shares Plummet on Bleak Outlook

    J.C. Penney (NYSE:JCP) reported weaker-than-expected first-quarter profit and sales and said it likely won't meet its full-year GAAP profit view as it continues to i...

  7. J .C . Penney Swings To Loss, Discontinues Dividend

    J.C. Penney Co. said on Tuesday that it swung to a first-quarter loss of $163 million, or 75 cents a share, from a profit of $64 million, or 28 cents, a year earlier...

  8. Avon, Home Depot, Saks Drop; Dick's, TJX See Gains

    Avon Products Inc. tumbled 11% on Tuesday after fragrance maker Coty Inc. withdrew its $10.7 billion bid for the largest direct seller of beauty products. Saks Inc. ...

  9. JPMorgan Chase, Goldman Sachs Group Among Stocks Down on High Volume Monday

    These are stocks that are down on high volume today:JPMorgan Chase (NYSE:JPM) experienced a price drop on above-average volume today, with 95.3 million shares, or tw...

  10. Week Ahead: Facebook IPO All the Rage

    Companies will report their earnings next week and housing data is due that might shed some light on that beleaguered sector. But nothing will compare to the hoopla ...

  11. US EQUITIES WEEK AHEAD: More Retail Results, Facebook's Debut

    Earnings from the retail segment will continue next week, with results due from giants Wal-Mart Stores Inc. (WMT) and Target Corp. (TGT).Social networking giant Face...

  12. Penney to End Commissions for Some in Favor of Hourly Wages

    J.C. Penney Co. (JCP) is ending the practice of paying commissions to employees in certain departments, a move seen saving the retailer money and furthering its tran...

  1. Macy's Dips Toe in China Market Via Online Deal

    Macy's Inc will start selling some items from its private-brand collection directly to shoppers in China through a deal with a new online retailer that will allow it...

  2. Ralph Lauren Forecasts Softer Fiscal '13 Sales

    Ralph Lauren (NYSE:RL) reported sales that just met Wall Street expectations in the fourth quarter and said it predicts wholesale sales will slip in fiscal 2013 on e...

  3. Wal-Mart, Sears, J .C . Penney Up In Lower Sector

    Wal-Mart Stores Inc. shares rose 5%, the best performer on the Dow, after the company's fiscal first-quarter profit rose more than expected and its namesake U.S. cha...

  4. Slump Persists: Greek Jitters Scuttle Early Rally

    FOX Business: The Power to ProsperWall Street's May slump deepened on Wednesday as an early buying spree fueled by upbeat U.S. economic data was foiled by fears abou...

  5. Four-Day Slump? Stocks Flirt With Red

    FOX Business: The Power to ProsperAfter rallying early in the day, U.S. stocks had a negative bias Wednesday afternoon as bullish feelings created by a pair of econo...

  6. JC Penney , THQ Among Stocks Gapping Down Wednesday

    These stocks gapped down today and had opening prices sharply lower than the close on the previous trading day:JC Penney (NYSE:JCP) opened at $28.25 after closing th...

  7. J .C . Penney , Abercrombie, Staples Slump; Target Up

    Mid-priced department store operator J.C. Penney Co. shares tumbled 13% on Wednesday after the company reported disappointing first-quarter profit and sales and said...

‹ Prev12345…Next ›
Freebase CC-BY
Source: J. C. Penney Company, Inc. on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL