Also, German economic sentiment drops.
Shares fall nearly 13% as investors continue to be skeptical about CEO Ron Johnson's turnaround strategy. To entice shoppers during the holidays, Penney will give away buttons with codes that could lead to prizes such as a Disneyland trip.
The market's tumble Wednesday following the president's reelection offers a fresh and real chance to ride the bull market.
Forget the conspiracy theories about rigged data. The latest jobs numbers are bullish for retailers and consumer products companies.
Research In Motion is upgraded to 'sector perform,' and Pfizer is initiated with an 'outperform.'
The firm also downgrades AMD, Intel and Marvell.
The struggling retailer is doing whatever it can to lure back customers these days.
The struggling retailer pleases shoppers and shareholders alike.
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Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
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The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
