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JC Penney Takes a Hit on Q3 Miss

Fri 09 Nov 12 | 10:03 AM ET
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JC Penney Takes a Hit on Q3 Miss

Fri 09 Nov 12 | 10:03 AM ET
Shares of JC Penney are taking a hit after reporting a quarterly loss of $0.93 per share compared to estimates for a $0.07 loss. Matthew Boss, JPMorgan retail analyst, offers insight.
 
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