ADVFN - Advanced Financial Network.
HOME» NYSE » J » JCP Stock Price » JCP Stock News

Jc Penney Share News

 Penney (j.c.) Co.,inc. (holding Co.) Stock Price
JCP Stock Price
 Penney (j.c.) Co.,inc. (holding Co.) Stock Chart
JCP Stock Chart
 Penney (j.c.) Co.,inc. (holding Co.) Stock News
JCP Stock News
 Penney (j.c.) Co.,inc. (holding Co.) Company Information
JCP Company Information
 Penney (j.c.) Co.,inc. (holding Co.) Stock Trades
JCP Stock Trades

US Retail Stocks Mark Strong 1Q, With Strength Seen Continuing

By Karen Talley Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Retail stocks began 2012 with a head of steam that continued throughout the quarter, with many posting record or multi-year highs during the period, amid sentiment that the gains can continue. For the first quarter, which ends at the close of trading, the Standard & Poor's Retail Index has risen 101 points, or 19%, with the percentage rise representing its best gain since the second quarter of 2003. The move outpaces that of the broader market, with the S&P 500 up 12% so far in the first quarter. Sentiment about an improving economy helped to fuel retail stocks' gains, as did rather decent earnings these companies turned in during the period. Retailers with the biggest gains during the quarter include Gap Inc. (GPS) and Aeropostale Inc. (ARO), both up 42%; Chico's FAS Inc. (CHS) up 36%; Macy's Inc. (M), up 24%; Saks Inc. (SKS) up 21%; and Target Corp. (TGT) up 14%. Target was also among stocks that hit multi-year highs during the first quarter. Others include Wal-Mart Stores Inc. (WMT), Nordstrom Inc. (JWN), Coach Inc. (COH), Family Dollar Stores Inc. (FDO) and Lowe's Cos. (LOW). While some of the easier gains have already been made, there is opportunity for further advances by retail stocks if the economy cooperates, analysts said. "The environment is still slowly getting better for retailers," said David Abella, portfolio manager at Rochdale Investment Management. "They were able to have pretty strong sales when the economy was weaker, so it stands to reason if the economy improves they should do even better." Still, the big unknown is how gasoline prices act. If prices continue to climb, lower-end retailers may lose out. Abella cited Kohl's Corp. (KSS), J.C. Penney Co. (JCP), Wal-Mart and Target as retailers that could be pinched by high gasoline prices. -By Karen Talley, Dow Jones Newswires; 212-416-2196; karen.talley@dowjones.com

Stock News for Jc Penney (JCP)
DateTimeHeadline
05/02/201616:15:15J. C. Penney Company, Inc. to Report First Quarter 2016 Financial...
04/26/201616:13:22JCPENNEY CELEBRATES 10 YEARS OF SEPHORA INSIDE JCPENNEY WITH...
04/25/201603:03:00Glut Plagues Department Stores -- WSJ
04/24/201614:32:00Department Stores Need to Cull Hundreds of Sites, Study Says
04/15/201616:38:17Statement of Changes in Beneficial Ownership (4)
04/12/201610:04:37JCPENNEY LAUNCHES ITS FIRST FASHION BRAND FOR PLUS-SIZE WOMEN...
04/01/201616:38:32Statement of Changes in Beneficial Ownership (4)
03/23/201616:34:03Additional Proxy Soliciting Materials (definitive) (defa14a)
03/23/201616:30:28Proxy Statement (definitive) (def 14a)
03/22/201616:41:27Statement of Changes in Beneficial Ownership (4)
03/22/201616:40:08Statement of Changes in Beneficial Ownership (4)
03/22/201616:37:57Statement of Changes in Beneficial Ownership (4)
03/21/201617:36:24Statement of Changes in Beneficial Ownership (4)
03/16/201617:08:50Statement of Changes in Beneficial Ownership (4)
03/09/201616:38:49Statement of Changes in Beneficial Ownership (4)
03/07/201616:50:52Statement of Changes in Beneficial Ownership (4)
03/07/201616:50:01Statement of Changes in Beneficial Ownership (4)
03/07/201616:47:26Statement of Changes in Beneficial Ownership (4)
03/07/201616:45:43Statement of Changes in Beneficial Ownership (4)
03/07/201616:43:57Statement of Changes in Beneficial Ownership (4)

Jc Penney and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad