J.C. Penney Widens Losses
Posted on February 28, 2013 at 11:41 AM EST
J.C. Penney Company Inc. (NYSE: JCP) widened fourth quarter losses more than expected to $2.51 per share from losses of 41 cents per share a year earlier as revenue tumbled. Shares of the department store chain plummeted $3.24 to $17.92.
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