J.C. Penney Plunges on Earnings
February 28, 2013 at 12:20 PM EST
J.C. Penney (NYSE: JCP ) is down big on Thursday in the aftermath of a poor fourth quarter and full-year performance. The Plano, Texas-based department store chain reported a loss of $1.95 per share during the fourth quarter. Analysts had hoped for a loss of $0.18 per share. The