Penney

NEW YORK (Reuters) — Department store operator J.C. Penney (JCP) on Friday slashed its first-quarter earnings forecast, saying sales through the Easter holiday were below expectations and noting that consumer confidence is at a multi-year low.Penney's shares fell sharply, dragging down shares of other retailers.Department store operators that cater to middle-income Americans have been hit hard by the slowdown in consumer spending as these shoppers forgo purchases of clothes, jewelry or home furnishings amid fears of a U.S. recession.But even upscale department store chains like Nordstrom (JWN) and Neiman Marcus are starting to feel the strain of the spending slowdown."J.C. Penney operates in a very challenged part of the retail sector," said Craig Johnson, president of retail consulting

NEW YORK (Reuters) — Department store operator J.C. Penney (JCP) on Friday slashed its first-quarter earnings forecast, saying sales through the Easter holiday were below expectations and noting that consumer confidence is at a multi-year low.Penney's shares fell sharply, dragging down shares of other retailers.Department store operators that cater to middle-income Americans have been hit hard by the slowdown in consumer spending as these shoppers forgo purchases of clothes, jewelry or home furnishings amid fears of a U.S. recession.But even upscale department store chains like Nordstrom (JWN) and Neiman Marcus are starting to feel the strain of the spending slowdown."J.C. Penney operates in a very challenged part of the retail sector," said Craig Johnson, president of retail consulting

J. C. Penney Company, Inc. (NYSE:JCP) has just revised its sales and earnings guidance for the first quarter. Of course it is to the downside. The guidance... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange:NYSEJ.C. Penney Co., down $5.10 at $43.01 Amid ongoing weakness in consumer spending, the department store’s same-store sales slipped 6.7 percent in February.Merrill Lynch & Co., down $3.03 at $46.29 The investment bank will close its subprime mortgage lending unit and reset the [...]

At the end of his regular highland rant in today's Herald-Leader, mountain lawyer Larry Webster took a break from his on-going conversation with Tie-Rod to spend a few paragraphs waxing rhapsodic about the good ole days of education when Penney Sanders stalked the hills; kicking butt and taking names.Democrats return in blaze of mediocrityOnly 23 chopping days left for Gov. Ernie Fletcher, and then the mediocrats ride their newspaper-fueled political machines into Frankfort with plastic banners sticking up from the side windows proclaiming their righteousness.Mediocrats are the fusion of Democrats and their old ally mediocrity. Mediocrity is demanded by Kentucky voters, and the Democrats have always delivered it, knowing full well that the media will lavish it with praise......In the past when the merit system rules weren't necessary because only members of one party got hired, Democrats and their newspapers treated intramural crime in that party like those nuns who stole the distrib

Parece ser que Yoko vendió una versión rara de la canción Real Love de John Lennon para ser utilizada en un comercial de JC Penney. Este comercial vió la luz el pasado Domingo durante la seria de la cadena ABC Brothers & Sisters. Aquí les dejamos el comercial para que chequen la versión de Real Love que es incluída.

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Stef Penney's debut novel The Tenderness of Wolves has won one of Britain's top literary awards, the Costa award. Critics have hailed as an astonishingly assured debut. Penney landed the award in a close fought fight with novelists William Boyd's spy drama Restless, and Brian Thompson's quirky wartime biography Keeping Mum. The Tenderness of Wolves is a haunting novel about the Canadian wilderness, somewhere Penney has never visited. The Costa, formally know as the Whitbread award is split into 5 sections, poetry, biography, best novel, first novel, and children's book. The winner of each category receives a prize of £5,000, and the overall winner gets £25,000.