Ed Record

Target Corporation (NYSE: TGT) shares were up a modest 0.6 percent in early Wednesday trading after the company’s board approved a massive new $5 billion buyback plan. The new plan will begin upon completion of the current $10 billion buyback plan by the end of fiscal 2016. Related Link: Mall...

J.C. Penney's (NYSE: JCP) Chief Financial Officer Ed Record hosted the company's second quarter conference call. CEO Mike Ullman is recovering from a surgical procedure and was unable to take part in the call. The Quarter In Review During the quarter, comparable store sales rose 6...

U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...

J.C. Penney's (NYSE: JCP) Chief Financial Officer, Ken Hannah, said that he is leaving the company effective March 24. Neither Hannah, nor the company, offered a reason for the executive's departure. The company on Thursday named Ed Record as Hannah's successor and will also assume the title of...