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95
Oct 28, 2013
10/13
by
CNBC
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eye 95
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i can't agree on jc penney.ittle more. >> struggling. >> well, by the way, everyone sells electronics. target, walmart, all sell the same things as best buy, best buy does it a little better. jc penney, they went off the rails. ron johnson took them to a place and tried to transform the company to something they could not be. they're refocusing on execution, i think they are going to sell to middle to lower america. i think that's their target market. i think they're getting back to their roots. i think they'll work on execution. they said sales have gotten -- have really bottomed and are getting better and i think you need to watch this story play out. it's always darkest at the bottom but i think things are getting better. >> even the ceo joked today on a question about employee morale that is probably better than it should be. susan, i want to ask you about caterpillar. this is another one that is kind of, you know, had a tough time of late and i know it's still doing tough. why is it going to turn around? >>
i can't agree on jc penney.ittle more. >> struggling. >> well, by the way, everyone sells electronics. target, walmart, all sell the same things as best buy, best buy does it a little better. jc penney, they went off the rails. ron johnson took them to a place and tried to transform the company to something they could not be. they're refocusing on execution, i think they are going to sell to middle to lower america. i think that's their target market. i think they're getting back to...
55
55
Oct 22, 2013
10/13
by
CNBC
tv
eye 55
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jc penney, radio shack, two companies trying to turn around. >> by the way, one of the jc penney execsas there a year and a half, had been at dick's sporting goods aening loer period of time. they brought in good people. you want to think what were those options they gave the people to come in. >> how much did you have to pay somebody to go to jc penney to try to turn things around and then for radio shack or jc penney what can you do? >> the ceo of radio shack who joined the company only in february said it's going to be tough for a few quarters now. >> they've got financing from general electric credit and others, so they're coming in trying to do this last gasp, the new stores look good. will they pay off is going to be the question? >> i still shop at radio shack every once in a while. >> one not far from where i go. >> i begrudging go in there, something about the customer service i have not felt good about for a number of years. i go in every now and then. >> trying to get new inventory, lots of new cool stuff, rid of the old soldiering lines and -- >> they can't make it look goo
jc penney, radio shack, two companies trying to turn around. >> by the way, one of the jc penney execsas there a year and a half, had been at dick's sporting goods aening loer period of time. they brought in good people. you want to think what were those options they gave the people to come in. >> how much did you have to pay somebody to go to jc penney to try to turn things around and then for radio shack or jc penney what can you do? >> the ceo of radio shack who joined the...
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140
Oct 16, 2013
10/13
by
KGO
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eye 140
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we are continuing to watch jc penney. yesterday, shares fell to the lowest since 1982.ruptcy concerns are behind the plunge after the company said there was no truth to speculation they fired a bankruptcy attorney. tough challenge ahead with retailers discounting heavy early this season as they compete if shoppers concern about inemployment and budget battles. in general, people are buying less clothing. how are the stocks doing? we are getting down to the wire on debt default. wall street is sensing a deal could be coming but that could change quickly. at the moment, though, optimistic. yahoo shares are trading higher. the silicon valley index is trading up at the moment. >> if you are just joining, bart training are rolling and that should relieve the commute. we will check with leyla gulen in a legal bit and right now, in fact, it is busy. we do have plenty of congestion. we have more than 50 trains running on bart. a lot of people are still driving. northbound 680, one of the cars has stalled and it is blocking one lane. you can see we have all green through san ram
we are continuing to watch jc penney. yesterday, shares fell to the lowest since 1982.ruptcy concerns are behind the plunge after the company said there was no truth to speculation they fired a bankruptcy attorney. tough challenge ahead with retailers discounting heavy early this season as they compete if shoppers concern about inemployment and budget battles. in general, people are buying less clothing. how are the stocks doing? we are getting down to the wire on debt default. wall street is...
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155
Oct 18, 2013
10/13
by
FOXNEWSW
tv
eye 155
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jc penney will open doors as you finish up your last peeves pumpkin pie. they open up at 8 o'clock.ar jc penney waited until black friday to welcome customers to kick off the holiday rush. >> and just over a month ago, we were on the brink of a military conflict with syria. they are inside of the country and working to destroy the stock pile of weapons. the syrian war is going on and they were under the control of the syrian government. jennifer griffin live with more in the pentagon. >> reporter: right now in damascus, there are 27 inspectors from the office of prohibition of chemical weapons. they a ratified october 1st. they have had car bombs outside of the hotel and faced mortar fire twiechlts they have visited 11 of the 20 declared sites. they have one month to make syria chemical weapon's facility inoperable. they have a tough road a head of them to avoid attacks like the summer that left 1300 civilians dead. they are starting to destroy some of the delivery systems for the whelm whelm weapon systems. secretary of state john kerry hopes to arrange a piece conference in the en
jc penney will open doors as you finish up your last peeves pumpkin pie. they open up at 8 o'clock.ar jc penney waited until black friday to welcome customers to kick off the holiday rush. >> and just over a month ago, we were on the brink of a military conflict with syria. they are inside of the country and working to destroy the stock pile of weapons. the syrian war is going on and they were under the control of the syrian government. jennifer griffin live with more in the pentagon....
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212
Oct 15, 2013
10/13
by
KNTV
tv
eye 212
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these are the coupon codes that it automatically found for me on jc penney.odes. >> how do you get the coupon? >> pumpkin will save me 15%. i type it in here. it applies the price. already the coat was $200, went down to $119. saved me an additional $18. thank you very much. >> where was the coupon. >> online coupon code. we just saved hundreds of dollars. >> it's inside the computer. >> how does it do that? >> that was great. >> we are thinking about sales today, it's columbus day. you can save even more. >> great. you're a doll. thank you so much. more money-saving tips in "all you" magazine. >> do you wake up with dark circles under their eyes? >> find out why when we get to the bottom of beauty myths. >> if you need motivation to lose weight, the newest joy fit club member lost 175 pounds. could save you fifteen percent or more on car insurance. everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico
these are the coupon codes that it automatically found for me on jc penney.odes. >> how do you get the coupon? >> pumpkin will save me 15%. i type it in here. it applies the price. already the coat was $200, went down to $119. saved me an additional $18. thank you very much. >> where was the coupon. >> online coupon code. we just saved hundreds of dollars. >> it's inside the computer. >> how does it do that? >> that was great. >> we are thinking...
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109
Oct 10, 2013
10/13
by
CNBC
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eye 109
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. >> as our viewers know or may not know, that we have a bet about jc penney. and i've been crushing you. let's be honest. i said that sales would not go up year over year four quarters in a row. i've won three quarters, thank you. i am presenting you now with a towel purchased at jc penney, i presume, and that i am -- i'm going to give this to you and would like to know, are you willing to throw that in on our bet? >> i am willing to double down. >> oh. >> here and now because the fourth quarter will be positive, store-for-store comps despite the environment. >> i am giving it to you. >> i will double down right now. >> you're not throwing it in. >> i'm willing to double down and throw in a ride on my ducati. >> there you go. jan refuses to throw in this towel or throw up on this towel. all right. >>> topic number two. how would any default or fatheaf one impact the housing market? the reality of a default just to guess because we've never had one, but let's to the worst-case scenario. we miss a debt payment. bonds sink. interest rates spike. i mean a big spik
. >> as our viewers know or may not know, that we have a bet about jc penney. and i've been crushing you. let's be honest. i said that sales would not go up year over year four quarters in a row. i've won three quarters, thank you. i am presenting you now with a towel purchased at jc penney, i presume, and that i am -- i'm going to give this to you and would like to know, are you willing to throw that in on our bet? >> i am willing to double down. >> oh. >> here and now...
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160
Oct 19, 2013
10/13
by
KOFY
tv
eye 160
favorite 0
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. >>> jc penney is jumping into the thanksgiving day shopping fray.ost stores will open at 8:00 p.m. on thanksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy crush. maybe you have tried this. more than 45 million people play candy crush each month. most are women between the ages of 25 and 55. the game is free to download, but the players can buy additional lives. that's a big part of the problem. a lot of people are spending big money to keep the game going. while that is bad for them, it is certainly a sweet deal for the game's creators. they are said to be making $636,000 each day. that 1 $231 million a year. >> and the hunter's moon is the full moon in october that would indicate the time of year native americans would begin t
. >>> jc penney is jumping into the thanksgiving day shopping fray.ost stores will open at 8:00 p.m. on thanksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy...
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127
Oct 18, 2013
10/13
by
KGO
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eye 127
favorite 0
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. >> jc penney is opening the stores on thanksgiving evening at 8:00 p.m. in the evening, the same time at macy's which is much earlier than last year when they did not open until 6:00 a.m. on friday morning. a remarkable find in the soviet state of georgia, bones dating back two million years. they were found a decade ago but just now being unveil the. scientists are expressed with the skull of an adult male. >> at 5:00 a.m., a friday morning commute without bart trains. we will check on traffic conditions and take you to the picket lines where workers are right now. >> bracing for the impact. how are you getting to work? we will look at the alternatives. >> a look outside right now from cell7 technology that we have pulled over and parked. >> just near the bay bridge toll plaza. >> we know there is a little bit of backup just starting but you are still good to go with fast track. >> no metering lights on when you are beyond the tolls you are all across america, people are using lysol in hundreds of ways. what's christine's story? i started using lysol dis
. >> jc penney is opening the stores on thanksgiving evening at 8:00 p.m. in the evening, the same time at macy's which is much earlier than last year when they did not open until 6:00 a.m. on friday morning. a remarkable find in the soviet state of georgia, bones dating back two million years. they were found a decade ago but just now being unveil the. scientists are expressed with the skull of an adult male. >> at 5:00 a.m., a friday morning commute without bart trains. we will...
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162
Oct 15, 2013
10/13
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CNBC
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eye 162
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. >> taking a look at shares of jc penney. the company said that it has not hired a bankruptcy lawyer, actually come off the 30-year lows, i'm trimming some of its earlier losses. jpmorgan out with a note while it likes some of the moves the company has made it's a long-term work in progress. jc penney down about 4.5%. back to you. >> still a lot of money in the bank. thank you. looks like the nobel peace -- the nobel prize winning economist robert shiller is w k walking back on his warning of a housing bubble. recent months dramatic gains in markets like las vegas or san francisco looked bubbly as he put it. joining us now is cnbc's real estate reporter diana olick and sherry owe leafson, real estate attorney and ceo of the carnegie group. welcome both of you. sharon, kick off with you, do you think there are bubbles in the u.s. housing market? >> there's no question, be simon, that we are sort of becoming like robert shiller said, detached from the fundamentals. i think one of the big issues is that the tracks had been greas
. >> taking a look at shares of jc penney. the company said that it has not hired a bankruptcy lawyer, actually come off the 30-year lows, i'm trimming some of its earlier losses. jpmorgan out with a note while it likes some of the moves the company has made it's a long-term work in progress. jc penney down about 4.5%. back to you. >> still a lot of money in the bank. thank you. looks like the nobel peace -- the nobel prize winning economist robert shiller is w k walking back on his...
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120
Oct 21, 2013
10/13
by
KICU
tv
eye 120
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jc penney is following the lead of macy's and opening its doors on thanksgiving at 8pm. last year penney shoppers had to wait until 6am on black friday for stores to open. the previous ceo ron johnson viewed thanksgiving as family time. this year-- under different management-- the company does not want to get beat by the competion. "i think jcp frankly, given all the scrutiny the retailer is facing, has to open on thanksgiving. do i think it will dramatically increase sales? no." penney investors were not wow- ed by the thanksgiving day shopping strategy. the stock fell friday to $7- slow ipad sales are prompting apple to reveal another upgraded tablet. in the third quarter ipad sales dropped 27 percent. that's despite last year's new version of the ipad. now apple hopes another version - thinner, faster and including a fingerprint sensor - will boost buying. next to the iphone, the ipad generates the most revenue for apple. google stock made a sudden surge to $1,000! shares gained $122 dollars friday to close at $1,011. the question traders are considering is will the s
jc penney is following the lead of macy's and opening its doors on thanksgiving at 8pm. last year penney shoppers had to wait until 6am on black friday for stores to open. the previous ceo ron johnson viewed thanksgiving as family time. this year-- under different management-- the company does not want to get beat by the competion. "i think jcp frankly, given all the scrutiny the retailer is facing, has to open on thanksgiving. do i think it will dramatically increase sales? no."...
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102
Oct 22, 2013
10/13
by
KICU
tv
eye 102
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and, jc penney and martha stewart define a deal. following a lawsuit claiming stewart's company was wrong to sell certain merchandise at macy's and jcp. the revised agreement covers a more focused line of items sold at penney including window treatments. daniel stecich of tjm institutional services joins us on this tuesday morning. good morning daniel. > >good morning angie. glad to be here. > >what's likely to happen with stocks and jobs today? > >well, that's the big thing. one drives the other, and it's not stocks driving jobs right now. we have to see what this jobless report comes in and we're looking for 180 with an unemployment rate of 7.3%. actually, i think it's kind of a win-win here unless we have a drastically bad number. if we get a good number it's gonna continue on to the rally we've seen because that means the economy has grown a little better. if you start seeing sub 150 or sub 125, i think the market takes a little bit of a pause. we'll see a pull back. i don't think it will be long lived and maybe an opportunity t
and, jc penney and martha stewart define a deal. following a lawsuit claiming stewart's company was wrong to sell certain merchandise at macy's and jcp. the revised agreement covers a more focused line of items sold at penney including window treatments. daniel stecich of tjm institutional services joins us on this tuesday morning. good morning daniel. > >good morning angie. glad to be here. > >what's likely to happen with stocks and jobs today? > >well, that's the big thing....
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241
Oct 19, 2013
10/13
by
KGO
tv
eye 241
favorite 0
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. >>> jc penney is jumping into the thanksgiving day shopping fray. most stores will open at 8:00 p.m. on thanksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy crush. maybe you have tried this. more than 45 million people play candy crush each month. most are women between the ages of 25 and 55. the game is free to download, but the players can buy additional lives. that's a big part of the problem. a lot of people are spending big money to keep the game going. while that is bad for them, it is certainly a sweet deal for the game's creators. they are said to be making $636,000 each day. that 1 $231 million a year. >> and the hunter's moon is the full moon in october that would indicate the time of year native americans would begin
. >>> jc penney is jumping into the thanksgiving day shopping fray. most stores will open at 8:00 p.m. on thanksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy...
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153
Oct 16, 2013
10/13
by
ALJAZAM
tv
eye 153
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. >>> jc penney is denying rumors that it's hiring bankruptcy flaws are lawyers they say there is noo the allegations which sent eights stock tumbling. they are trying to rerife scales after a failed experiment to go upscaled laugh years they have been reassuring innin investorss enough wash kasami, o on hand fr the year. hung never america. according to a recent poll, 20% of americans didn't have enough money to buy food for themselves or their families in the last year. that's just shy of the peak 20.4% in 2008 when the economy imploded. one in five children live in a household that has difficulty feeding them. natasha spent a day in the life of a palm beach county florida family strug to go put food on the table. >> reporter: terrell middleton is nine years old but quickly growing in to a young man. he's already 5 neat towel and 110 oupbdz. >> he's 110 pounds. >> as a big boy, about but we don't have enough food. that will kill me as a month mother. you can't eat. >> reporter: terrell leaves for school munching on dry control yell, eats a free breakfast at growth park elementary.
. >>> jc penney is denying rumors that it's hiring bankruptcy flaws are lawyers they say there is noo the allegations which sent eights stock tumbling. they are trying to rerife scales after a failed experiment to go upscaled laugh years they have been reassuring innin investorss enough wash kasami, o on hand fr the year. hung never america. according to a recent poll, 20% of americans didn't have enough money to buy food for themselves or their families in the last year. that's just...
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130
Oct 22, 2013
10/13
by
KNTV
tv
eye 130
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on thanksgiving following a similar announcement by jc penney and macy's. earlier openings in recent years as they try to combat on line retailers that offered black friday deals on thanksgiving. back to you. >> mary, thank you for the update. >> happening now, hurricane raymond is gaining strength off mexico's southern coast. forecasters say the category 3 hurricane is packing winds up to 120 miles per hour and could dump as much as eight inches of rain. in some areas before going back out to sea. as a precaution hundreds of people in low lying coastal areas are under evacuation orders. can't catch a break. >> it has been rough down there. 4:46 now. christina loren is back and the entire country cool, at least some parts. we're starting cool. we get nice. >> we do. we have the warm-up later on this afternoon and temperatures are going to span by about 40 degrees between where we are now and where we're headed this afternoon. we're starting out in the 40s again headed toward the 80s again. and we do have a reminder to people that the fog has returned as wel
on thanksgiving following a similar announcement by jc penney and macy's. earlier openings in recent years as they try to combat on line retailers that offered black friday deals on thanksgiving. back to you. >> mary, thank you for the update. >> happening now, hurricane raymond is gaining strength off mexico's southern coast. forecasters say the category 3 hurricane is packing winds up to 120 miles per hour and could dump as much as eight inches of rain. in some areas before going...
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211
Oct 9, 2013
10/13
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KICU
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eye 211
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jc penney reports having enough cash on hand to last until the end of the year. that caused a rush of buying in the stock tuesday-- with share trading well above s8 before closing at $7.77. there were concerns the jcp was burning to quickly through its cash. but the retailer anticipates $2 billion in year-end liquidity. jcp also reports revenue fell 4% in september while online revenue increase 25%. microsoft's ceo has some parting words for shareholders. steve ballmer issued his final letter to microsoft investors this week. he outlined accomplisments with microsoft, and offered direction for the road ahead stating the company's focus is to "create a family of devices and services." ballmer is set to leave the company sometime within the next year. toyota will have to stand trial over claims the car company failed to warn the public about design defects. a california judge denied toyota's motion to dismiss the case. the claims about the defects are coming from the estate of a woman who testified before she died that her 2005 camry sped out of control and hit a s
jc penney reports having enough cash on hand to last until the end of the year. that caused a rush of buying in the stock tuesday-- with share trading well above s8 before closing at $7.77. there were concerns the jcp was burning to quickly through its cash. but the retailer anticipates $2 billion in year-end liquidity. jcp also reports revenue fell 4% in september while online revenue increase 25%. microsoft's ceo has some parting words for shareholders. steve ballmer issued his final letter...
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116
Oct 29, 2013
10/13
by
KICU
tv
eye 116
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jc penney's continues to tell a rosey story about its future prospects. the beleagured retailer told investors for the third time in five weeks that sales are improving. the company is also forecasting upcoming positive comparable- store sales results. penney's has been struggling in the wake of failed experiments by former c-e-o ron johnson. shares were up yesterday after these most recent comments by new chief myron ullman. target turns in earnings tomorrow. and, investors are said to be curious about the companys holiday sales plan. christmas is a critical time for almost all retailers. and both walmart and target have reduced profit expectations. target will attempt to step up its game this year by displaying prices on products during tv commericials, plus offer same day pick up for online orders. target shares are down roughly 5% since august. consumer reports pulls its recommendation of three toyota models after the vehicles turn in poor crash test results. the automaker's namesake camry is among the models as is the prius v and rav-4 s-u-v. toyota'
jc penney's continues to tell a rosey story about its future prospects. the beleagured retailer told investors for the third time in five weeks that sales are improving. the company is also forecasting upcoming positive comparable- store sales results. penney's has been struggling in the wake of failed experiments by former c-e-o ron johnson. shares were up yesterday after these most recent comments by new chief myron ullman. target turns in earnings tomorrow. and, investors are said to be...
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286
Oct 19, 2013
10/13
by
KGO
tv
eye 286
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jumpin>>> jc penney iso the thanksgiving day shopping fray. most stores will open at 8:00 p.m.anksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy crush. maybe you have tried this. more than 45 million people play candy crush each month. most are women between the ages of 25 and 55. the game is free to download, but the players can buy additional lives. that's a big part of the problem. a lot of people are spending big money to keep the game going. while that is bad for them, it is certainly a sweet deal for the game's creators. they are said to be making $636,000 each day. that 1 $231 million a year. >> and the hunter's moon is the full moon in october that would indicate the time of year native americans would begin to stock up on meat for the winter. toni
jumpin>>> jc penney iso the thanksgiving day shopping fray. most stores will open at 8:00 p.m.anksgiving day to kick off the holiday shopping season. that's the same time macy's announced it will be opening. the stores are following in the foot steps of other row taylors like wal-mart, target 1k3* old navy which began opening on thanksgiving day in order, of course, to boost sales. there is growing concern over the addictive nature of a popular video game called candy crush. maybe you...
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253
Oct 22, 2013
10/13
by
CNBC
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eye 253
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but, for example, jc penney, i think most people would argue that jc penney is not as good a companytivism. irrespective of some of the issues they had. and then there's another point. shareholders don't appreciate how much time a management team spends over many quarters thinking about this when actually thinking about how to grow the business today, how to get to tomorrow. >> we should point out, blair, you also represent pepsi. >> right. >> let's talk about apple. they come in and say, you have all this -- i think they're right in that regard. apple needs to be pressed to do something with its cash. what's wrong with activism when it comes to apple? >> i'm not saying every situation is wrong. the question is with apple on its own, with its board get to a place with its balance sheet. and number one, number two is the issue just the balance sheet or is it the company doing what every company is doing. they spent so much time thinking about carl icahn, thinking about before that green light that i can't believe that some part of tim cook's mine share could have been better devoted t
but, for example, jc penney, i think most people would argue that jc penney is not as good a companytivism. irrespective of some of the issues they had. and then there's another point. shareholders don't appreciate how much time a management team spends over many quarters thinking about this when actually thinking about how to grow the business today, how to get to tomorrow. >> we should point out, blair, you also represent pepsi. >> right. >> let's talk about apple. they come...
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236
Oct 18, 2013
10/13
by
CNBC
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eye 236
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first, though, a little news on jc penney.ailer announcing it's going to open its doors on thanksgiving evening to compete with its rivals. it's also bringing back a tradition, it's going to give away holiday snow globes. >> no more silly pins, right? >> no more silly pins. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade-proud to be ranked "best overall client experience." that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they could save you in
first, though, a little news on jc penney.ailer announcing it's going to open its doors on thanksgiving evening to compete with its rivals. it's also bringing back a tradition, it's going to give away holiday snow globes. >> no more silly pins, right? >> no more silly pins. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i...
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168
Oct 16, 2013
10/13
by
CNBC
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eye 168
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my question is regarding jc penneys. down roughly 60% year to date. gathering more and more capital. they appear to be stagnant in their approach. macy's just came out that they're going to be open for thanksgiving for the first time which is new and unique. my question is what can jcpenney do to change their perception of the marketplace and get their stock price moving in the right direction? >> i don't think it matters. i think the economy is slowing because of what happens in washington. jcpenney needs washington to reconvene and pass the debt ceiling limit going up and needs washington to get off our back and jcpenney will survive. everyone feels so awful . michael in pennsylvania. >> caller: boo-yah, dr. cramer. i was calling about dltr, dollar tree. it's had a heck of a run. >> dollar tree is perfect. given what washington is doing you want to be in dollar tree because washington makes us feel poor. when you're real poor or you feel poor which is kind of the same thing at certain points even though we know it's not reality you go to dollar tree
my question is regarding jc penneys. down roughly 60% year to date. gathering more and more capital. they appear to be stagnant in their approach. macy's just came out that they're going to be open for thanksgiving for the first time which is new and unique. my question is what can jcpenney do to change their perception of the marketplace and get their stock price moving in the right direction? >> i don't think it matters. i think the economy is slowing because of what happens in...
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96
Oct 19, 2013
10/13
by
MSNBC
tv
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plus, you have jc penney. the mall will be hardest hit. so is 60% going to be the new 10% discount?iscounting. a lot less self gifting. the phenomenon is people always buy presents. santa is going to show. you're going to have stuff under the tree. you will give things to your loved ones. but when you're there, you buy something for yourself. that is expected to go away. >> the headline, oh, man. a change at the grocery store these days. what's that about? >> it's called manfluence. steel cut oats, hard cider. velveeta getting in on the game. to hear it is to understand how the messaging is get a lot more macho. >> you know that guy that has a ham radio in his basement, he can talk to china, mongolia and on the koreans. and the he's velveeta cheese. eat liquid gold. let's like that guy you know. >> i'm sure you can relate to this, alex. i have a male tween. my significant other is a former football player. on a calorie basis, they dominate what we eat. we saw this in personal care products with old spice, dove for men. they are doing their own grocery stopping. let's target them dir
plus, you have jc penney. the mall will be hardest hit. so is 60% going to be the new 10% discount?iscounting. a lot less self gifting. the phenomenon is people always buy presents. santa is going to show. you're going to have stuff under the tree. you will give things to your loved ones. but when you're there, you buy something for yourself. that is expected to go away. >> the headline, oh, man. a change at the grocery store these days. what's that about? >> it's called manfluence....
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Oct 11, 2013
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. >> what i don't want to be taking sides here, i'm going to switzerland in your jc penney spat, it's, it's a spat, but nonetheless if the gap is losing out, is jcp winning? those customers going to jcp instead. >> for eight quarters in a row sears had up apparel sales. they didn't last quarter. penny's had better sales. if you're gap and old navy you benefitted from penny. if you're sears you benefited, stage stores, any of those players, kohl's you benefited from the $4 billion of product that somebody else got to sell. now that's not happening anymore. they're getting better. they may not be getting as better as brian would like to see them get to lose his bet, but they are getting better. august was better than the prior part of the year. september better than august. october is running better than september. not another retailer out there has a better october going than september. they're taking share back. especially in apparel because they're still not doing any business in the home. if you're a mall based apparel guy the economy is going against you, trends going against you a
. >> what i don't want to be taking sides here, i'm going to switzerland in your jc penney spat, it's, it's a spat, but nonetheless if the gap is losing out, is jcp winning? those customers going to jcp instead. >> for eight quarters in a row sears had up apparel sales. they didn't last quarter. penny's had better sales. if you're gap and old navy you benefitted from penny. if you're sears you benefited, stage stores, any of those players, kohl's you benefited from the $4 billion of...
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Oct 17, 2013
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little bit underrated or come in with a lot of hoopla, i'm thinking of the gentleman that went to jc penneyhose name is leaving me that came in after running apple, he is sort of the antithesis of a dark horse. >> right. johnson. >> you don't want to get expectations that high. i would rather come in with lower expectations and outperform than vice versa. i think that's the market prefers that too. >> yeah. eric, what did these two gentlemen m moynihan who came in with rather low expectations, wasn't a wall street darling, he wasn't -- he was a lawyer, and frank, what do they have in common? >> one thing they have in common to gordon's point they were both kind of deficient in ka ris na. >> low on the charisma scale. >> diagnosis ka ris na deficiency. but they were good leaders. humility as a lot of people found out is a useful characteristic in a leader. allows you to make it not about yourself, to direct your attention at the people who really count, who are your employees. >> it's not that they didn't make mistakes. mr. moynihan made a couple mistakes, i'm thinking of when he wanted to i
little bit underrated or come in with a lot of hoopla, i'm thinking of the gentleman that went to jc penneyhose name is leaving me that came in after running apple, he is sort of the antithesis of a dark horse. >> right. johnson. >> you don't want to get expectations that high. i would rather come in with lower expectations and outperform than vice versa. i think that's the market prefers that too. >> yeah. eric, what did these two gentlemen m moynihan who came in with rather...
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Oct 24, 2013
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. >> that was the case maybe with bill ackman and jc penney. >> i can see that you're long rainbow like me. i just want to follow up here. as i was listening to your conversation with him, the thing that leaped out at me is when early in the conversation, he said, well, if he says no -- you asked him, what will you do if he says no? well, then we'll go back and canvass institutional shareholders and see what the appetite is for a proxy. >> right. >> that's a nonthreat threat. >> oh, i think it was a threat. he's trying to be as cordial as he possibly can to at least get tim cook to entertain the idea of doing this big buyback. but, look. carl doesn't get into a stock or a position, take an activist position. this is an activist position. >> you bet. >> he's urging change and he's not going to settle for anything less. at least at this particular time. making money in this instance is good. he's made $300 million, $400 million already on apple. but the end game comes with more than that. if you can make the change that he says he wants. >> thanks, guys, for your help today. appreciate it
. >> that was the case maybe with bill ackman and jc penney. >> i can see that you're long rainbow like me. i just want to follow up here. as i was listening to your conversation with him, the thing that leaped out at me is when early in the conversation, he said, well, if he says no -- you asked him, what will you do if he says no? well, then we'll go back and canvass institutional shareholders and see what the appetite is for a proxy. >> right. >> that's a nonthreat...
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Oct 3, 2013
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and clearly he's saying you know what, i'm trying to manage my way out of this, like he did with jc penney he got out. i don't know what happens with the company at the end of the day but what i do know is, that this still will be pressure on the shares in terms of a squeeze going higher despite him getting out of a lot of that. >> all this run up on the thought that there was going to be this gigantic buyback and short squeeze. maybe ackman at the end of the day has price waterhouse to thank because they haven't delivered the audited financials yet the best we know back to herbalife. they had a change in their auditor and that may have had something to do with why the much talked about tender offer, buyback, whatever you want to call it was delayed to the point where ackman was able to finally cover 40% of his position. once he was finally able to get a bank to write him some put options because of everything going on in the stock. >> if the mechanics are changing and the pressure comes off slightly, momentum guys are watching this thing now break the 20 day. breaks the 50 day they get bo
and clearly he's saying you know what, i'm trying to manage my way out of this, like he did with jc penney he got out. i don't know what happens with the company at the end of the day but what i do know is, that this still will be pressure on the shares in terms of a squeeze going higher despite him getting out of a lot of that. >> all this run up on the thought that there was going to be this gigantic buyback and short squeeze. maybe ackman at the end of the day has price waterhouse to...
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Oct 28, 2013
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three winners, bristol myers up almost 6%, we have a 9% gain in jc penney and cf industries up 5% onon. ty? >> come on home, lot of ketchup waiting for you. >> you got it. >> that will do it for "power lunch." >> "street signs" begins right now. see you tomorrow. ♪ >>> new york city is the place because markets still taking a walk on the wild side as they move higher again. welcome. tribute to lou reed. your hot stories what, if anything, can stop this stock rally. we're going to dig out so-called ugly duckling stocks that unloved but shouldn't be. why american carmakers are singing a sad song today and what mcdonald's did, mandy, which might be one of the dumbest things we've heard in a while. >> it is. le
three winners, bristol myers up almost 6%, we have a 9% gain in jc penney and cf industries up 5% onon. ty? >> come on home, lot of ketchup waiting for you. >> you got it. >> that will do it for "power lunch." >> "street signs" begins right now. see you tomorrow. ♪ >>> new york city is the place because markets still taking a walk on the wild side as they move higher again. welcome. tribute to lou reed. your hot stories what, if anything,...
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Oct 8, 2013
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. >>> check out shares of jc penney, everybody. the company offering an update.es are continuing to show an improving trend and sees this continuing through the remainder of the year. >>> traffic trends have improved during the quarter. the company's year end liquidity expected to be in excess of $2 billion. the stock up about 6% on this news. "squawk box" will be right back. >>> this week, "squawk box" is rising above the debt threat. tomorrow, bp capital founder boone pickens talks energy. friday, we wrap up the week with former ge chairman and ceo jack welsh. the biggest names in business are here. and it's only on "squawk box." rise above. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's tha
. >>> check out shares of jc penney, everybody. the company offering an update.es are continuing to show an improving trend and sees this continuing through the remainder of the year. >>> traffic trends have improved during the quarter. the company's year end liquidity expected to be in excess of $2 billion. the stock up about 6% on this news. "squawk box" will be right back. >>> this week, "squawk box" is rising above the debt threat. tomorrow, bp...
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Oct 10, 2013
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weather report sponsored by the jcpenney columbus >>> this national weather report sponsored by a jc penney. door door buster savings. >>> an >>> an unprecedented scandal in the nation's nuclear missile command. >> jim crawford is in washington. >>> this involves one of the top officials in charge of a country strategic command. we'll see how poker chips brought down a three-star admiral. >>> they made it off the battlefield alive. are wounded warriors being medicated to death? the latest on the cnbc news investigation. >>> the fight to keep fans away from a famous sign. neighbors tell bill whitaker it is a true hollywood disaster tale. >> it's like the wild west? >> it real why i is. it is a go rodeo. goat rodeo? the news is back on. stay tuned for your local news. >> announcer: this morning's cbs sponsored by splenda. no thinking sure, say splenda. you can use splenda® no calorie sweetener. ♪ ♪ splenda® lets you experience the joy of sugar without all the calories. it's a very good reason to enjoy something sweet with the ones you love. think sugar, say splenda™ ♪ chili's lunch break comb
weather report sponsored by the jcpenney columbus >>> this national weather report sponsored by a jc penney. door door buster savings. >>> an >>> an unprecedented scandal in the nation's nuclear missile command. >> jim crawford is in washington. >>> this involves one of the top officials in charge of a country strategic command. we'll see how poker chips brought down a three-star admiral. >>> they made it off the battlefield alive. are wounded...
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Oct 14, 2013
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these are the coupon codes that it automatically found for me on jc penney. $18. thank you very much. >> where was the coupon. >> online coupon code. we just saved hundreds of dollars. >> it's inside the computer. >> how does it do that? s. >> that was great. >> we are thinking about seals today, it's columbus day. you can save even more. >> great. you're a doll. thank you so much. more money-saving tips in "all you" magazine. >> do you wake up with dark circles under their eyes? >> find out why when we get to the bottom of beauty myths. >> if you need motivation to lose weight, the newest joy fit club member lost 175 pounds. across america people are taking charge of their type 2 diabetes with non-insulin victoza®. for a while, i took a pill to lower my blood sugar, but it didn't get me to my goal. so i asked my doctor about victoza®. he said victoza® is different than pills. victoza® is proven to lower blood sugar and a1c. it's taken once-a-day, any time, and comes in a pen. and the needle is thin. victoza® is not for weight loss, but it may help you lose s
these are the coupon codes that it automatically found for me on jc penney. $18. thank you very much. >> where was the coupon. >> online coupon code. we just saved hundreds of dollars. >> it's inside the computer. >> how does it do that? s. >> that was great. >> we are thinking about seals today, it's columbus day. you can save even more. >> great. you're a doll. thank you so much. more money-saving tips in "all you" magazine. >> do you...
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Oct 15, 2013
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ron johnson, of course, left in 2011 for his ill-fated tenure at jc penney and his replacement left applear after only six months on the job. >> the next big apple product? have a little burberry -- you know, it's going to be colors. >> it's going to be colors. logos on the back of the case. >> you know, she knows colors, she knows style. >> it's high end. and everybody -- i would say anybody who thinks they're going for the low end, people said when they came out with the 5c. i don't know, maybe they want certain customers. >> you know, you need to know how to market. but i still hope they continue to have technology innovations not style innovations. >> she is not an engineer, but they also hired the former ceo or president eve st. lauren. >> a lot of people say ralph lauren. >> it's ralph lauren. >> leon cooperman -- >> why did he change that? >> we will formally introduce leon in a moment. we have one other piece of retail for you this morning because macy's is planning to open its doors on thanksgiving. for the first time ever, macy's will be opening most of its stores at 8:00 p.m. o
ron johnson, of course, left in 2011 for his ill-fated tenure at jc penney and his replacement left applear after only six months on the job. >> the next big apple product? have a little burberry -- you know, it's going to be colors. >> it's going to be colors. logos on the back of the case. >> you know, she knows colors, she knows style. >> it's high end. and everybody -- i would say anybody who thinks they're going for the low end, people said when they came out with...
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Oct 1, 2013
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we're also watching jc penney hedge fund perry corporation is cutting the stake in the retailer a monthfrom the prior 8.6%. and buffalo wild wings is under pressure after raymond james ed it from outperform to strong buy. concerns over what it sees as a core demand environment for the restaurant industry in general. and i've got to say, i love wings, i don't know what's going on there. a partial government shutdown is in effect. and scott cohen is live at johnson space center in houston where only about 6% of employees have been cleared to work. scott, good morning. >> reporter: good morning, andrew, those were the employees necessary basically to protect life and property. include people who support the international space station which is still orbiting the earth. and you wouldn't necessarily know it to look at the johnson space center right now that it is subject to a wide-ranging shutdown here because people have been arriving. they started arriving before sunrise. a lot of these people are contractors. there are presumably some employees who are finishing up matters before they are
we're also watching jc penney hedge fund perry corporation is cutting the stake in the retailer a monthfrom the prior 8.6%. and buffalo wild wings is under pressure after raymond james ed it from outperform to strong buy. concerns over what it sees as a core demand environment for the restaurant industry in general. and i've got to say, i love wings, i don't know what's going on there. a partial government shutdown is in effect. and scott cohen is live at johnson space center in houston where...