CNNMoney The stock surged more than 20% after the struggling retailer reported its sales rose to $2.8 billion from $2.64 billion during the same quarter last year. Same-store sales increased 6.2% from the previous quarter, exceeding the company’s own guidance. JC Penney Shares Surge on Better-Than-Estimated ResultsBusinessweek UPDATE 1-JC Penney same-store sales rise again, shares surgeReuters J.C. Penney, Nordstrom shares rally after hoursMarketWatch Wall Street Journal –ABC News –CNBC.com all 56 news articles |
Source: Business News From Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.