Wed 16 May 12 | 10:07 AM ET

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JC Penney's Big Q1 Earnings Miss

Wed 16 May 12 | 10:07 AM ET

Shares of JC Penney getting hammered this morning after missing on both the top and bottom line and suspending its dividend. Charles Grom, Deutsche Bank senior retail analyst, discusses his thoughts on CEO Ron Johnson, his $38 price target on the stock, and the outlook on Target.

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High Anxiety! (Full Show) Sat 25 May 13 \| 09:06 PM	The Young & the Jobless Fri 24 May 13 \| 07:52 PM	Economic Data Beat This Week Fri 24 May 13 \| 07:44 PM	Lois Lerner Taking the 5th, or Not? Fri 24 May 13 \| 07:33 PM	America Back In Business Fri 24 May 13 \| 07:25 PM
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JC Penney's Big Q1 Earnings Miss

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