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J.C. Penney’s cash flow tells a sad story
Marketwatch ^ | 11/12/12 | Matt Andrejczak

Posted on 11/12/2012 1:29:03 PM PST by jimbo123

J.C. Penney shares were the biggest S&P 500 percentage decliner Monday, tumbling 11% to $18.41 in afternoon trades as investors seem to be growing impatient with the company’s roughly year-old transform plan.

(Excerpt) Read more at blogs.marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
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Looks like it's bankruptcy time for JCP in 2013. I wonder if Ellen Degenerate will still collect a paycheck from them.
1 posted on 11/12/2012 1:29:07 PM PST by jimbo123
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To: jimbo123

Too bad, so sad.


2 posted on 11/12/2012 1:29:47 PM PST by dfwgator
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To: jimbo123

It would be a ripe time to walk in and buy Pennys but I don’t know who’d be that naive. Maybe some Chinese company?


3 posted on 11/12/2012 1:30:35 PM PST by pepsionice
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To: jimbo123

Women like Coupons if they want everyday low prices they go to Wal-Mart...

they think they are getting a bargian when they get to clip a coupon... But gay marketers always know better don’t they?


4 posted on 11/12/2012 1:32:06 PM PST by Rightly Biased (Avenge me Girls AVENEGE ME!!!! ( I don't have any son's))
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To: jimbo123

Executive Order #2012-645: Bankruptcy laws will be nullified (national “jobs emergency”). JCP will be required to stay open under govt receivership, “just until the crisis passes”.


5 posted on 11/12/2012 1:32:52 PM PST by Cletus.D.Yokel (Bread and Circuses; Everyone to the Coliseum!)
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To: jimbo123

Hoping they and NYT go bankrupt.


6 posted on 11/12/2012 1:32:58 PM PST by TigerClaws
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To: jimbo123

Since they kicked out the Salvation Army bellringers and started up homosexual advertising campaigns, none of my family have set foot in one of their stores. Good riddance to them.


7 posted on 11/12/2012 1:33:06 PM PST by Gabrial (The nightmare will continue as long as the nightmare is in the Whitehouse.)
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To: jimbo123

lol

part of their economic recovery, no doubt.

heh


8 posted on 11/12/2012 1:33:25 PM PST by GeronL (http://asspos.blogspot.com)
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To: jimbo123

Why would anyone swap “Penny’s” for “JCP”?

Plus the gay stuff...


9 posted on 11/12/2012 1:34:10 PM PST by donna (Pray for revival.)
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To: jimbo123

I used to love Penney’s but it’s even painful just to go into the store. It’s almost empty. No choice!


10 posted on 11/12/2012 1:35:03 PM PST by Cricket24 (Telling the truth is not attacking someone!)
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To: Cletus.D.Yokel

Good one! Mr. Thompson and Mr. Mouch would be so proud.


11 posted on 11/12/2012 1:37:13 PM PST by stoneyhll (If I am to err, let me err on the side of freedom)
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To: dfwgator

investors seem to be growing impatient with the company’s roughly year-old transvestite plan.


12 posted on 11/12/2012 1:37:23 PM PST by molson209
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To: jimbo123

Such idiots, caving to the gay mafia was so silly...I was embarrassed for them.


13 posted on 11/12/2012 1:37:23 PM PST by roses of sharon ("Truly I tell you, today you will be with me in paradise." Luke 23:43)
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To: jimbo123

Eliminating ‘sales’ (while your competition maintains them) and gay-themed advertising drives away customers in that middle class market. JCP is circling the metaphorical drain and frankly, won’t be missed by many shoppers.


14 posted on 11/12/2012 1:38:02 PM PST by Jim Scott (Obama must be defeated)
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To: jimbo123

The stockholders need to throw the CEO and Board out on their arses!


15 posted on 11/12/2012 1:38:16 PM PST by The Sons of Liberty (Never Underestimate the Power of Evil or Evil Doers)
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To: jimbo123

Pandering to 3% of the population isn’t a winning strategy. Then, you have all the folks who object to pandering to that 3% who won’t set foot in your stores any more. Again, not a winner ... actually it’s a loser. Add to that the election last week .... and a lot more folks are hunkering down and not spending money on non-essentials, not buying Christmas presents this year, etc. .... bummer. Obummer to be exact. What’s that they say when the plane is going down ... brace, brace, brace! Anybody with common sense had better “brace”!


16 posted on 11/12/2012 1:38:23 PM PST by MissMagnolia ("It is when a people forget God that tyrants forge their chains" - Patrick Henry)
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To: Gabrial

Same here. I pay $20/pr more for my Levi’s now. I go to the Boot Barn instead of Penneys and do it with a big ole smile on my face.
I used to like Penneys; but they pushed me out the door with their Sodom/Gomorrah stuff. Who needs it?


17 posted on 11/12/2012 1:39:33 PM PST by Migraine (Diversity is great; until it happens to YOU.)
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To: Rightly Biased

exactly—my sister and i were just talking about this the other day... that ever since JCP stopped their coupon program, neither of us have gone as much... the everyday low prices are not felt... seen... ironically, just recently she received a coupon in the mail from JCP...


18 posted on 11/12/2012 1:40:08 PM PST by latina4dubya ( self-proclaimed tequila snob)
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To: jimbo123

JCP wanted to insult me and my way of life which told me they did not want my money, so I never gave them any more money.


19 posted on 11/12/2012 1:40:14 PM PST by CodeToad (Padme: "So this is how liberty dies... with thunderous applause.")
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To: jimbo123
I wrote JCP back when they ran their gay dad ads and informed them that after being a customer for decades they had lost my business. They were too cowardly to write back. Good riddance to the company but I feel sorry for the workers who will lose their jobs, victims of the pro-gay agenda.


20 posted on 11/12/2012 1:41:06 PM PST by South40 ("Islam has a proud tradition of tolerance." - Barack Hussein Obama - Cairo, Egypt, June 4, 2009.)
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