14.08.2015 - Company J.C. Penney reduced loss
American clothing retailer J.C. Penney reported a decrease in the loss in the second quarter. Thus, the figure was 138 million against 172 million in the same period last year. At the same time traders were pleased with the data on the company's sales, which rose to 2.88 billion dollars compared to the forecast 2.86 billion. It is worth noting that the company's shares rose nearly 24.5% since the beginning of the year after a significant decline in recent years amid fears of a default. We expect growth of quotations of the company by 27-30% per annum in the medium term.