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Macy’s, Inc. (NYSE:M) And J C Penney Company Inc. (NYSE:JCP) Hoping For Seasonable Weather For Improved Sales in Q4

by Brian Campbell - on Nov 13th 2014 - No Comments

Tomahawk, WI 11/13/2014 (Basicsmedia) – Macy’s, Inc. (NYSE:M) and J C Penney Company Inc. (NYSE:JCP) posted weakened sales for the month of October heading into the holiday season where both companies hope to generate improved sales. A decline in sales according Telsey Advisory group CEO, Dana Telsey, was down to a change in consumers...

What Johnson & Johnson (NYSE:JNJ) Now Thinks About Doing Business In China

by Rahul Sharma - on Nov 10th 2014 - No Comments

Tomahawk, WI 11/10/2014 (Basicsmedia) – In an interview on CNBC, Johnson & Johnson (NYSE:JNJ)’s Chairman and CEO, Alex Gorsky, outlined their opportunities in China. The company is interested in expanding its operations in China, especially in meeting currently unmet medical needs. The CEO also touched tax inversion but downplayed...

Michael Kors Holdings Ltd (NYSE:KORS) Future Thrown to Doubts After 5.7% Stake Sale

by Cyrus Emen - on Sep 8th 2014 - No Comments

Tomahawk, WI 09/08/2014 (Basicsmedia) – Michael Kors Holdings Ltd (NYSE:KORS) closed Friday trading session on a low of 4.48% after news emerged that one of the company’s founding investors, Sportswear Holdings, was selling a 5.7% stake in the company. Michael Kors won’t be entitled to receive any proceeds from the sale as it...

Tiffany & Co. (NYSE:TIF) Posts 16% Sales Growth in America with Asia-Pacific Growth Prospects

by Michael Allen - on Aug 28th 2014 - No Comments

Tomahawk, WI 08/28/2014 (Basicsmedia) – Upscale Jeweler Tiffany & Co. (NYSE:TIF) mapped another third straight quarter of impressive sales in the U.S., according Topeka Market analyst, Dorothy Lakner, in an interview on CNBC. The jewelry store reported better than expected profits mostly driven by strong sales as well as high prices...

EBay Inc. (NASDAQ:EBAY) Making Buyers Search Results Available to Manufactures

by Kevin Thompson - on Aug 12th 2014 - No Comments

Tomahawk, WI 08/12/2014 (Basicsmedia) – eBay Inc. (NASDAQ:EBAY) has over the years been sharing search terms commonly used in its site with manufacturers as it tries to revolutionized the way it does business. The giant online store has suggested that consumers usually find what they are looking for, as fast as possible partly because...

Double Bottom in J. C. Penney Company Inc. (NYSE:JCP), Will The Rally Sustain?

by Sally Murdock - on Feb 28th 2014 - No Comments

Tomahawk, WI 2/28/2014 (Basicsmedia) –  J. C. Penney Company Inc. (NYSE:JCP) Reports Less than Expected Loss for Q4 and Full year (2013) J. C. Penney Company Inc. (NYSE:JCP) has posted its fourth quarter and full year results that came above analyst’s expectation recording first sales gain since the second quarter of 2011. The...

Will J.C. Penney Company Inc (NYSE:JCP)’s Efforts Ever Bear Long-Term Fruit?

by Sally Murdock - on Feb 7th 2014 - No Comments

Tomahawk, WI 02/07/2014 (BasicsMedia) – It is strange to imagine that no matter what J.C. Penney Company Inc (NYSE:JCP) tries to do, nothing seems to work well for long. All the efforts that the company pouts in to change its current dire financial situation, which has gone on for close to three years, are not producing e sort of results...

JPMorgan Chase & Co. (NYSE:JPM) The Pain Continues

by Rahul Sharma - on Feb 5th 2014 - No Comments

Tomahawk, WI 02/05/2014 (BasicsMedia) – If investors of JPMorgan Chase & Co. (NYSE:JPM) thought that its payment of $4 billion to settle cases lodged by F.H.F.A. would lead to closure of all cases, they had another thing coming. It has now emerged that the U.S.’s largest bank has agreed to pay another $614 million and also set...

J.C. Penney Company Inc (NYSE:JCP) To Continue With Its Shrinking Spree

by Cyrus Emen - on Feb 4th 2014 - No Comments

Tomahawk, WI 02/04/2014 (BasicsMedia) –To say that J.C. Penney Company Inc (NYSE:JCP) has endured a torrid 2013, would be an understatement of sorts. The company has struggled to stay inn business, and no matter what strategy it has applied to remedy the situation, nothing has seemed to be anywhere near working as well as JCP wanted....

J.C. Penney Company, Inc. (NYSE:JCP) Cuts Poison Trigger To Prevent Takeover And Save Taxes In Future

by Cyrus Emen - on Feb 3rd 2014 - No Comments

Tomahawk, WI 02/03/2014 (BasicsMedia) –  J.C. Penney Company, Inc. (NYSE:JCP), after reporting nine quarters of no profit, is now using molding its losses into reduced taxes certainty in the coming time. The department store chain said in a statement that it is all set to prompt its shareholder rights plan in case investors get hold...