JC Penney posts adjusted loss of 68 cents/shr on revenue of $3.78 billion
February 26, 2014 at 16:02 PM EST
This is a breaking new story. Wall Street had expected JC Penney to report a quarterly loss excluding items of 85 cents per share on $3.85 billion in revenue, according to a consensus estimate from Thomson Reuters. What is JC Penney stock doing now?
