J.C. Penney Plunges on Earnings

By: Benzinga
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
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