A Fashionable Day for Retailers; JC Penney Up 6.6% Ahead of Earnings
November 12, 2014 at 14:27 PM EST
All eyes are on JC Penney (JCP) today. Shares are up 6.67% to $7.68 ahead of the release of its third-quarter earnings at today’s market close. Several retailers also appear to be in fashion with investors this afternoon. The Street expects J.C.Penny to post a loss of 80 cents a share as revenue falls 1.1% [...]