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Non-Tech : j.c.penney
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From: Fuzzy8/19/2014 1:55:32 PM
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J.C. Penney Q2 Loss Narrows Y/Y on Turnaround Strategies






Done



J. C. Penney Company Inc.’s ( JCP) turnaround strategies seem to have paid off yet again, as the company’s second-quarter fiscal 2014 adjusted loss of 75 cents a share not only narrowed substantially from a loss of $2.16 last year, but also fared better than the Zacks Consensus Estimate of a loss of 98 cents.

Including one-time items, quarterly loss came in at 56 cents per share, compared with a loss of $2.66 per share in the year-ago period.
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