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KDWN

3 hours ago

J.C. Penney beats 4Q profit forecasts

PLANO, Texas (AP) — J.C. Penney Co. on Friday reported fiscal fourth-quarter net income of $192 million, after reporting a loss in the same period a year earlier….

KDWN

3 hours ago

J.C. Penney to close 13 to 14 percent of stores

NEW YORK (AP) — J.C. Penney says it will be closing anywhere from 130 to 140 stores as well as two distribution centers over the next several months as it aims to improve profitability in the era of online shopping….

KDWN

11 hours ago

Asian stocks fall amid Trump trade policy fears, strong yen

TOKYO (AP) — Asian markets slipped in muted trading Friday amid worries over U.S. trade policies that may affect regional economies. A stronger yen weighed on Japan's exporters….

KDWN

17 hours ago

Stocks end mixed as investors seek safety; industrials slide

NEW YORK (AP) — Stocks wobbled Thursday as investors changed course and tempered their expectations for faster economic growth. Industrial companies, which have surged over the last few months, finished lower as Wall Street focused on gold, bonds, and companies that pay big dividends….

KDWN

17 hours ago

Nordstrom reports better-than-expected quarterly profit

Nordstrom Inc. reported a better-than-expected profit for its fourth quarter, helped by strong sales at its Nordstrom Rack brand….

KDWN

17 hours ago

US factory CEOs to Trump: Jobs exist; skills don’t

WASHINGTON (AP) — President Donald Trump brought two dozen manufacturing CEOs to the White House on Thursday and declared their collective commitment to restoring factory jobs lost to foreign competition….

KDWN

18 hours ago

Correction: TJX-Expansion story

FRAMINGHAM, Mass. (AP) — In a story Feb. 22 about the expansion plans of the company that owns T.J. Maxx and Marshalls, The Associated Press reported erroneously that TJX Cos. plans to open the first two of its new home stores later this year. It plans to open four this fiscal year….

KDWN

18 hours ago

Coke says it supports WHO’s sugar guidelines

NEW YORK (AP) — Coke says it supports the World Health Organization's guidelines for limiting added sugar, as the company works on repairing its image in public health circles and reshaping its business….

KDWN

18 hours ago

Boston Scientific and Hormel skid; Square and HP jump

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:…