Tag Archives: JCP

UBS (NYSE:UBS) Improves View on Banks, J.C. Penney Co. (NYSE:JCP) Ullman Wants Time and Patience to Recover

stock 4UBS (NYSE:UBS) on Friday lifted its view on global financials to overweight from underweight, mentioning to an enhancement in the global economy and aggressive capital levels.

The global economy is recovering, capital has been reconstructed and the sector has shifted …

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J.C. Penney (NYSE:JCP) Preliminary First Quarter Revenue Trails Forecasts

The Plano, Texas-based J.C. Penney Company, Inc (NYSE:JCP) declared preliminary fiscal Q1 revenue that failed to meet Wall Street forecasts on Tuesday.

J.C. Penney, the department-store chain that substituted its CEO previous month, announced in a statement that quarterly Sales …

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Services Sector News Buzz: Expedia (NASDAQ:EXPE), J.C. Penney (NYSE:JCP) – JCP, TGT, SWY, BBY

Investors responded positively to the services stocks on Tuesday. Key movement were observed in J.C. Penney Company, Inc (NYSE:JCP) and Safeway Inc (NYSE:SWY) on percentage decliners side while Best Buy Co, Inc (NYSE:BBY) was major percentage gainer stock.

Chief Executive …

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JC Penney Co. (NYSE:JCP) picking up Pace, Herbalife Ltd. (NYSE:HLF) in focus

stock 2 7 sepJC Penney Co. (NYSE:JCP) shares jumped up 3.6% on Monday morning following it assured a five-year $1.75 billion loan commitment from Goldman Sachs in another attempt to beef up the firm’s financial stake.

The firm lately also tapped $850 million …

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J.C. Penney Co. (NYSE:JCP) Shares Roars on Soros Stake, LyondellBasell Industries N.V.’s (NYSE:LYB) Quarterly Profit Soars

LyondellBasell Industries N.V.’s (NYSE:LYB) first-quarter profit surged 50% as the plastics and chemicals company announced lower input costs that overshadowed a decline in revenue, while marking lesser costs.

LyondellBasell reported a profit of $901 million, or $1.55 per share, as …

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Services Sector Snapshot: Netflix (NASDAQ:NFLX), J.C. Penney (NYSE:JCP) – NFLX, JCP, TGT

Investors responded positively to the services stocks on Monday. Major movement was observed in Netflix, Inc (NASDAQ:NFLX) and Supervalu Inc (NYSE:SVU) on percentage gainers side while Excel Maritime Carriers Ltd (NYSE:EXM) was prominent stock on percentage losers side.

Netflix, Inc …

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