18.08.2014 - Figures of J.C. Penney improved

The corporation J.C. Penney stated a decrease in the level of net loss in the third quarter with revenue growth to 2.8 billion dollars. At the same time, analysts of Thompson Reuters were expecting a loss of 93 cents per share and revenue to 2.79 billion dollars. Improved performance was noted in segments of male and women's clothing, accessories and products for home and jewelry. Let us recall that the company's shares were plummeting over the past year and a half, and the company's bonds are rated as junk. Considering the low stock price and improved financial performance, we recommend to consider the company's shares to be included in a long-term investment portfolio after fixing quotations above 10 dollars per share.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.