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J.C. Penney stock sinks on falling sales
CNNMoney ^ | May 16, 2012 | Maureen Farrell

Posted on 05/16/2012 5:27:00 PM PDT by fwdude

NEW YORK (CNNMoney) -- J.C. Penney gave investors two reasons to ditch the stock: the retailer said Tuesday that it is suspending its dividend and that sales are dropping dramatically.

The budget-conscious chain said same-store sales dropped roughly 19% in the first quarter of 2012.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: blunders; boycott; corporateamerica; homosexualagenda; jcpenney; retail
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To: wtd
Korvettes

Now there's a flash from the past...

41 posted on 05/16/2012 8:43:19 PM PDT by RckyRaCoCo (I prefer liberty with danger to peace with slavery, IXNAY THE TSA!)
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To: GoCards

Being a faggot is rude.

It fits in every way.


42 posted on 05/16/2012 8:47:08 PM PDT by editor-surveyor (Freepers: Not as smart as I'd hoped they were.)
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To: RckyRaCoCo
Penncraft tools.
Lawn equipment.
Guns. .
BB guns.
It is a ladies store now.
They died long ago.
43 posted on 05/16/2012 9:06:26 PM PDT by warriorfor honor (With out us they die)
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To: RckyRaCoCo
Penncraft tools.
Lawn equipment.
Guns. .
BB guns.
It is a ladies store now.
They died long ago.
44 posted on 05/16/2012 9:10:03 PM PDT by warriorfor honor (With out us they die)
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To: fwdude
Buh Bye!

Hire a gay CEO without a clue, and Ellen Degenerate as spokesperson and suffer the consequences...

This one's for you, Anita!

45 posted on 05/16/2012 9:46:39 PM PDT by publius911 (Formerly Publius 6961, formerly jennsdad)
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