As J.C. Penney flounders, investors bail | Essentials

As J.C. Penney flounders, investors bail

The Ups and Downs of your Credit Rating by GDS Infographics
License (according to Flickr): Attribution License

Excerpt:

NEW YORK J.C. Penney (JCP) executives may be confident in the department-store chain's everyday low pricing strategy, but its investors are panicking. The company's stock fell more than 13 percent on Monday - the biggest percentage decline by far among big companies in the S&P 500 for the day. Penney stock lost nearly $3 on Monday to close at just under $18, its lowest price since March 2009 when the United States was in a recession. Can J.C. Penney succeed like Target and Apple? Penney brings back free haircuts for kids on Nov. 4 J.C. Penney sued by rival over Martha Stewart deal The drop follows Standard & Poor's Ratings move to lower Penney's credit rating deeper into junk status on Friday.

Keywords:

Penney company sales stock pricing investors holiday shopping season customers Credit Suisse credit rating junk status Wall Street Thanksgiving Day coupons corporate credit rating 5 percent pricing strategy private equity firms stock price shopping S&P 500 equities analyst retailers Martha Stewart discounts Main Street United States holiday season Old Navy used to be Christmas Eve NEW YORK Citi Group Strategic Resource real estate Kuntz button prices Standard recession digesting haircuts gimmick happier AAPL liquidity Wal-Mart wean makeover shoppers

People:

J.C. Penney

Overall Sentiment: -0.050622

Relevance: 0.887492

Disambiguation: MusicalArtist | FilmCinematographer | FilmDirector | FilmMusicContributor | FilmProducer | FilmWriterReferences:

• Mark Penney: dbpedia
• Mark Penney: freebase
• Mark Penney: umbel
• Mark Penney: yago

CEO Ron Johnson

Overall Sentiment: -0.208765

Relevance: 0.157966

Disambiguation: References:

• Ron Johnson (Apple): dbpedia
• Ron Johnson (Apple): freebase
• Ron Johnson (Apple): umbel
• Ron Johnson (Apple): yago

Burt Flickinger III

Overall Sentiment: 0.244298

Relevance: 0.123864

Sentiment	Quote
-0.310229	"The holiday season could be catastrophic for Penney unless it becomes more competitive more quickly," Flickinger said. ...
Sentiment Stats:	Number of Quotes: 1 Aggregate Sentiment: -0.310229 Mean: -0.310229 Standard Deviation: 1.4142135623731

Michael Exstein

Overall Sentiment: 0.0223154

Relevance: 0.112125

Sentiment	Quote
-0.0904321	Exstein wrote that Penney "must find a way to significantly slow the sales decline within the next six months."
Sentiment Stats:	Number of Quotes: 1 Aggregate Sentiment: -0.0904321 Mean: -0.0904321 Standard Deviation: 1.4142135623731

Martha Stewart

Overall Sentiment: -0.0258593

Relevance: 0.111903

Disambiguation: Celebrity | CompanyFounder | TVPersonality | TVProducer | TVActorReferences:

• Martha Stewart
• Martha Stewart: dbpedia
• Martha Stewart: freebase
• Martha Stewart: umbel
• Martha Stewart: opencyc
• Martha Stewart: yago

Johnson

Overall Sentiment: 0.0418796

Relevance: 0.104003

Disambiguation: Athlete | AwardWinner | FootballPlayerReferences:

• Calvin Johnson (American football): dbpedia
• Calvin Johnson (American football): freebase
• Calvin Johnson (American football): umbel
• Calvin Johnson (American football): yago

Jeannine Soster

Overall Sentiment: 0

Relevance: 0.0931049

Sentiment	Quote
0	"I used to be able to get sales and coupons," said Soster, ...
0.142211	"I used to be able to get sales and coupons," said Soster, who works in real estate. "I have no desire to go back to J.C. Penney unless they switch back."
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: 0.142211 Mean: 0.0711055 Standard Deviation: 0

David Kuntz

Overall Sentiment: 0.0799772

Relevance: 0.0927411

Sentiment	Quote
0.131591	David Kuntz said in a statement that although he believes Penney's outlook is stable because liquidity will remain "adequate," ...
0.011336	"Credit metrics have deteriorated substantially and we believe that they could erode further over the next few quarters," Kuntz said. ...
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: 0.142927 Mean: 0.0714635 Standard Deviation: 1.7320508075689

Brian Sozzi

Overall Sentiment: 0

Relevance: 0.0867294

Sentiment	Quote
0.155878	"The CEO was selling the hope, but now investors are looking at what the company will look like in the first half of the year," said Brian Sozzi, ...
0.0577978	"The CEO was selling the hope, but now investors are looking at what the company will look like in the first half of the year," said Brian Sozzi, a chief equities analyst for research firm NBG Productions who follows the company. "Investors are digesting the reality."
Sentiment Stats:	Number of Quotes: 2 Aggregate Sentiment: 0.2136758 Mean: 0.1068379 Standard Deviation: 1.7320508075689

Levi

Overall Sentiment: 0.167399

Relevance: 0.0838847

Deborah Weinswig

Overall Sentiment: 0

Relevance: 0.0795263

Key:

• Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
• The Mean is meant to be an indicator of an individual's average comment sentiment.
• The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

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Source Site: As J.C. Penney flounders, investors bail

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As J.C. Penney flounders, investors bail

URL Provided Desc:

Penney's shares tumbled after Standard & Poor's lowered retailer's credit rating deeper into junk status

Site Provided Keywords:

• apple store
• best prices all the time
• ceo ron johnson
• former apple executive
• j.c. penney
• jcp stock price
• junk status
• S&P 500

Data Sources

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