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J.C. Penney's shares in free-fall after 1Q loss Wall Street doesn't seem to like J.C. Penney's new everyday low pricing any better than Main Street does.The department store chain's stock plunged nearly 20 percent on Wednesday — the biggest decline in at least four decades, including the 1987 stock market crash. The drop came a day after Penney said it would stop paying dividends and blamed its large first-quarter loss on a poor reception
Miley Cyrus adopts another pup weeks after rescuing one outside Wal-Mart
Miley Cyrus adopted another dog on Saturday - a black and white puppy named Mary Jane, just two weeks after rescuing Happy, a Rottweiler-beagle mix she found abandoned outside Wal-Mart.
Buffett's firm buys 10M share stake in GM
Warren Buffett's company is apparently bullish on the U.S. auto industry.
Penney has 1Q loss as new pricing repels shoppers
Turns out, J.C. Penney shoppers don't prefer predictable pricing over blockbuster bargains — at least not yet.
Avon, TJX, Dick's Sporting Goods are market movers
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NJ man sues Wal-Mart for $1M over racist remark
Wal-Mart is being sued for $1 million by a man who claims he was traumatized by a racist comment made over an intercom at a southern New Jersey store two years ago. |
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