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Estee Lauder Gets Aggressive, Sets Up For Potential Earnings Inflection
Thursday, January 26, 2017 - 12:32pm | 474Oppenheimer on Thursday upgraded shares of Estee Lauder Companies Inc (NYSE: EL), citing several reasons, including more aggressive partnerships and the potential for an inflecting EPS trajectory. Recently, Barclays maintained its Overweight rating on the shares of Estee Lauder, reasoning it was...
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JC Penney Tanks Following Q3 Report
Friday, November 11, 2016 - 8:53am | 112Shares of J C Penney Company Inc (NYSE: JCP) fell 9 percent early Friday. The department store chain said it lost $0.21 per share, which matched analysts expectations. Revenue of $2.86 billion missed by $0.10 billion. Comparable sales fell 0.8 percent during the quarter. Net loss...
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Jefferies Sees Ample Opportunity For Margin Recovery At JCPenney
Thursday, August 18, 2016 - 4:19pm | 471Jefferies reaffirmed its Hold rating on J C Penney Company Inc (NYSE: JCP), citing inherent risks in its turnaround, difficult department store environment and valuation, despite expressing confidence that the retailer can recover sales and margins. At its investor day, JCPenney highlighted four...
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This Investment Pro Makes The Case To Own JCPenney's Stock
Monday, May 23, 2016 - 10:03am | 273J C Penney Company Inc (NYSE: JCP) has seen its stock tumble nearly 20 percent over the past month as investor appetite for department store and retailers have diminished amid poor quarterly results. Craig Hodges of Hodges Capital Management was a guest on CNBC Monday to explain the case for...
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The Blonding Of Celebs Struck Gold For This Entrepreneur
Friday, May 6, 2016 - 10:24am | 279Rita Hazan, a celebrity colorist, was featured on CNBC as she offered some entrepreneurial tips that landed her a client list that includes the "who's who" of Hollywood. Celebrity clients, including Beyoncé, Katy Perry, Mariah Carey and Jennifer Lopez all count on Hazan to shape their hair style. "...
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JC Penney Spikes 12% Following Q4 Beat, Same-Store Sales Growth
Friday, February 26, 2016 - 9:02am | 339Shares of J C Penney Company Inc (NYSE: JCP) spiked higher by more than 12 percent after the company reported its fourth quarter results. J C Penney said that it earned $0.39 per share in the fourth quarter on revenue of $3.996 billion. Wall Street analysts were expecting the company to earn $0...
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Piper Jaffray: Toys A 'Notable Winner,' Beauty Sales Below Average
Friday, November 28, 2014 - 9:50am | 260Stephanie Wissink of Piper Jaffray commented on Friday that the toy category was a “notable winner” from Thursday's shopping session. “We think the toy category was a notable winner – product was compelling and well merchandised,” Wissink wrote. The analyst...
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Brian Sozzi: Wall Street Got It Wrong On JC Penney Company Inc
Thursday, October 9, 2014 - 12:59pm | 409Following J.C. Penney's (NYSE: JCP) nearly 10-percent plunge in its shares on Wednesday, Brian Sozzi of Belus Capital Advisors wrote that Wall Street “completely missed on J.C. Penney's future” following the company's investor day meeting. In an article on The Street.com,...
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What Is Apple Pay?
Thursday, September 11, 2014 - 2:40pm | 857Contactless payments, even though they have been around for a long time, have not gained a lot of traction with the public. Apple Inc. (NASDAQ: AAPL) hopes to change that with its Apple Pay, NFC-based wireless payment system. In-Store Transactions Using the Near Field Communication (NFC)...
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Mike Ullman of JC Penney: 'Our Fundamental Business Processes are Still Strong'
Monday, May 20, 2013 - 11:05am | 381After J.C. Penney (NYSE: JCP) missed Q1 EPS estimates by more than 50 percent last week, Mike Ullman described the tough situation he faces as CEO in a conference call with investors. Ullman opened the call by noting his conversation with investors and stating, “our fundamental business processes...
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Morningstar's Paul Swinand on J.C. Penney's Future
Friday, May 17, 2013 - 10:41am | 579It's no secret that J.C. Penney (NYSE: JCP) is having a hard time, but with former Chief Executive Officer Ron Johnson gone and predecessor turned successor Mike Ullman back in the driver seat, the struggling retailer might prove to have some extra fuel in the tank. Paul Swinand, Equity Analyst...
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J.C. Penney Going Back to 'Mark-Up to Mark-Down' Sales Practice
Wednesday, March 27, 2013 - 3:57pm | 544Ron Johnson's plan for J.C. Penney (NYSE: JCP) has failed. According to the New York Post, the former Apple (NASDAQ: AAPL) executive and current J.C. Penney CEO attempted to radically change the company's pricing structure in an effort to re-shape the brand, but instead the retailer has driven...