International Business News - JCP http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The holiday shopping season is still months away, but already a growing number of economists are predicting that it could even be worse than last year--which is to say, disastrous. http://www.ibtimes.com/data/articleimgs/79076-holiday-outlook.jpg http://www.ibtimes.com/articles/20080625/economists-worry-about-consumer-spending-for-holiday-season.htm http://www.ibtimes.com/articles/20080625/economists-worry-about-consumer-spending-for-holiday-season.htm Wed, 25 Jun 2008 16:36:21 EDT Among the stock activity stories for Wednesday, June 25, from AP Financial News: NEW YORK (AP)--Shares of J.C. Penney Co. rose Wednesday, after the department-store operator said it would cut back the pace of department-store openings and trim capital spending amid a difficult retail environment. http://www.ibtimes.com/articles/20080625/movers-roundup-penney-sonic.htm Wed, 25 Jun 2008 14:30:41 EDT Among the earnings projection stories for Wednesday, June 25, from AP Financial News: PLANO, Texas (AP)--J.C. Penney Co. will further slow the pace of new department store openings and cut capital spending next year because of the weak economy. http://www.ibtimes.com/articles/20080625/outlook-roundup-j-c-penney-deutsche-lufthansa.htm Wed, 25 Jun 2008 17:46:43 EDT Shares of J.C. Penney Co. rose on Wednesday, after the department-store operator said it would cut back the pace of department-store openings and trim capital spending amid a difficult retail environment. http://www.ibtimes.com/articles/20080625/j-c-penney-rises-after-cut-in-new-store-openings.htm Wed, 25 Jun 2008 13:17:39 EDT J.C. Penney Co. will further slow the pace of new department store openings and cut capital spending next year because of the weak economy. The company said Wednesday it now plans 20 new or relocated stores next year, down from the 36 it expects to open in 2008. http://www.ibtimes.com/articles/20080625/j-c-penney-to-reduce-pace-of-store-openings.htm Wed, 25 Jun 2008 17:13:38 EDT Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE http://www.ibtimes.com/articles/20080623/citigroup-walgreen-among-big-movers.htm Mon, 23 Jun 2008 17:02:32 EDT Among the premarket stories for Monday, June 23, from AP Financial News: NEW YORK (AP)--A Friedman Billings Ramsey analyst thinks shares of Acorda Therapeutics will stay around their current price until early next year, when the company asks regulators to approve its multiple sclerosis drug Fampridine-SR. http://www.ibtimes.com/articles/20080623/premarket-roundup-acorda-motorola.htm Mon, 23 Jun 2008 10:29:56 EDT An analyst upgraded J.C. Penney Co. Monday, saying the retailer's valuation and recent sales improvement make shares a good investment. Deutsche Bank analyst Bill Dreher Jr. boosted his rating to "Buy" from "Hold" and his price target to $46 from $45. The new target implies he expects the stock to rise 25 percent over Friday's $36.88 close. http://www.ibtimes.com/articles/20080623/ahead-of-the-bell-j-c-penney-upgraded.htm Mon, 23 Jun 2008 07:25:14 EDT What was once a niche sport pitting contestants with various fighting styles in an octagonal ring is battling for full mainstream treatment, including action figures, branded clothing and credit cards. http://www.ibtimes.com/articles/20080610/merchandising-next-step-for-ultimate-fighting.htm Tue, 10 Jun 2008 14:50:11 EDT Wall Street on Tuesday will find out if thrifty shoppers continued to limit their spending habits amid a sustained surge in food and fuel prices. The International Council of Shopping Centers-UBS Index and the Johnson Redbook Retail Sales Index release retail data for the first week of June at 7:45 a.m. and 8:55 a.m. EDT, respectively. There are no consensus estimates available. http://www.ibtimes.com/articles/20080610/ahead-of-the-bell-retail-sales.htm Tue, 10 Jun 2008 06:09:02 EDT Department store chain J.C. Penney Co. Inc. said Thursday its same-store sales in May fell 4.4 percent, but the company still beat Wall Street analysts' estimates. http://www.ibtimes.com/articles/20080605/j-c-penney-same-store-sales-fell-in-may.htm Thu, 05 Jun 2008 09:05:15 EDT Polo Ralph Lauren Corp. reports earnings for the fiscal fourth quarter on Wednesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080527/earnings-preview-ralph-lauren.htm Tue, 27 May 2008 14:22:22 EDT Shares of CNet Networks Inc. rose Thursday on news that CBS Corp. would pay about $1.75 billion for the online technology news and entertainment company. http://www.ibtimes.com/articles/20080515/cnet-soars-sina-spikes-in-afternoon-trading.htm Thu, 15 May 2008 14:21:29 EDT An analyst on Thursday said there were few surprises amid J.C. Penney & Co. first-quarter earnings report but added it could be difficult for the department-store retailer to reach its second-quarter guidance. http://www.ibtimes.com/articles/20080515/analyst-says-j-c-penney-2q-view-aggressive.htm Thu, 15 May 2008 14:07:02 EDT Stocks that are moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq: NYSE http://www.ibtimes.com/articles/20080515/arcelor-mittal-cbs-among-big-market-movers.htm Thu, 15 May 2008 13:03:50 EDT Shares of CNet Networks Inc. rose sharply in premarket trading Thursday after CBS Corp. said it would pay about $1.75 billion for the online technology news and entertainment company. http://www.ibtimes.com/articles/20080515/premarket-movers-cnet-soars-sina-spikes.htm Thu, 15 May 2008 08:37:45 EDT Department store retailer J.C. Penney says a pullback in consumer spending has cut its first-quarter profit in half, and predicts "difficult" conditions for the entire year. http://www.ibtimes.com/articles/20080515/jc-penney-1q-profit-falls-50-pct-rough-year-ahead.htm Thu, 15 May 2008 08:01:09 EDT Texas officials may claim that Amazon.com owes millions in sales taxes on purchases that state residents made from the Internet retailer. A 1992 U.S. Supreme Court ruling lets states collect sales taxes from out-of-state retailers that have a "physical presence" in their state. Seattle-based Amazon runs a distribution center in Irving. http://www.ibtimes.com/articles/20080509/texas-may-claim-amazon-owes-sales-taxes.htm Fri, 09 May 2008 12:49:23 EDT Caught in the maelstrom of higher gas and food prices, Americans _ even more affluent ones _ are seeking shelter in wholesale clubs and discount apparel chains. http://www.ibtimes.com/data/articleimgs/44902-retail-sales.jpg http://www.ibtimes.com/articles/20080508/more-shoppers-seeking-shelter-from-economy-in-discounters.htm http://www.ibtimes.com/articles/20080508/more-shoppers-seeking-shelter-from-economy-in-discounters.htm Thu, 08 May 2008 17:18:29 EDT Coated paper manufacturer NewPage Group Inc. plans an initial public offering, according to a Securities and Exchange Commission filing on Monday. NewPage did not disclose the size or price range of its proposed IPO, but indicated that the offering price may total up to $805 million. The company noted that the total offering price was estimated solely to calculate its registration fee and may change. http://www.ibtimes.com/articles/20080505/newpage-group-plans-initial-public-offering.htm Mon, 05 May 2008 19:07:02 EDT