J.C. Penney Comes Out Swinging, Rumors Boost Alcatel-Lucent, and 3 More Hot Stocks

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

J.C. Penney (NYSE:JCP): Despite a hefty pre-market plunge, J.C. Penney shares have recovered and then some, now up more than 5 percent as the retailer venomously defends itself and its turnaround efforts. Penney maintains that it’s pleased with the progress so far in new initiatives, and is seeing predictability in performance in different areas; J.C. Penney’s website sales are trending at a double-digit rate over last year, though 2012′s results were notably abysmal.

jcpP-20160926

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business