Marvin Ellison

Shares of J C Penney Company Inc (NYSE: JCP) were seen trading higher by 3 percent early Friday morning after the company reported mixed first-quarter results. JC Penney said it earned $0.06 per share in the first quarter on revenue of $2.7 billion (versus $2.8 billion a year ago). Wall Street...

Retailers and department stores are struggling in the "great apparel slump," but that doesn't mean companies are going down without a fight, according to a CNBC report. For example, struggling department store J C Penney Company Inc (NYSE: JCP) has opened up its showrooms to...

President Donald Trump and members of Congress met with a group of retail CEOs earlier this week and details of what was discussed behind closed doors have been scarce. On Friday, CNBC spoke with J C Penney Company Inc (NYSE: JCP)'s CEO Marvin Ellison who was present at the meeting. Ellison told...

While Argus’ Christopher Graja believes there has been potential for upside in J C Penney Company Inc (NYSE: JCP) shares, the analyst noted the company has significant work ahead of it, especially associated with driving sales growth during a time when there would be flat to negative mall...

The once struggling department store J C Penney Company Inc (NYSE: JCP) is now expected to post a $1 billion profit this year — the first time doing so since 2012. So, What Happened? According to Bloomberg Gadfly's Shelly Banjo, the first step of JC Penney's turnaround was...

Shares of J C Penney Company Inc (NYSE: JCP) gained more than 5 percent Wednesday morning as the company's management spoke at the Piper Jaffray Consumer Conference. Here are some of the biggest takeaways from the company's CEO Marvin Ellison's presentation. 1. Memorial Day weekend sales were...

J C Penney Company Inc (NYSE: JCP) announced on Tuesday that it will be selling appliances once again after a 30-year hiatus in an effort to attract more consumers. Shares of JC Penney were trading down by 5.71 percent at $6.61 on Tuesday at the time of this publication. Millennials, Real Estate...

The share price of J C Penney Company Inc (NYSE: JCP) has appreciated 15.28 percent year-to-date, although the stock has seen its fair share of ups and downs through the year. Nomura’s Robert Drbul has upgraded the rating on the company from Reduce to Neutral, while raising the price target...

In a report published Wednesday, The Buckingham Research Group analyst David Glick upgraded shares of J C Penney Company Inc (NYSE: JCP) to Buy from Neutral with a price target raised to $12 from a previous $9. According to Glick, the upgrade centers around the belief that JC Penney will see...

U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...

Home Depot (NYSE: HD) announced last week that Craig Menear has been name the president of U.S. retail. Menear joined the company in 1997 as a merchandising manager in the Southwest Division. He was most recently the executive vice president of merchandising, where he handled a throng of...