Mike Ullman

While Argus’ Christopher Graja believes there has been potential for upside in J C Penney Company Inc (NYSE: JCP) shares, the analyst noted the company has significant work ahead of it, especially associated with driving sales growth during a time when there would be flat to negative mall...

The history of corporate CEOs who left and later came back to lead their companies is well documented and populated with some famous names. According to Wharton, companies rehire former chief executive officers for a number of reasons, chief among them the fact the company is in "dire...

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 rebounded from a two-day losing streak as investors found plenty of positives in consumer confidence data which hit a six-year high in March. According to the Fed's Philadelphia chief Charles Plosser the Fed sees its bond purchasing program ending in October or November with rate...

J.C. Penney (NYSE: JCP) on Tuesday reported that it has seen a two percent increase in same-store sales during the fourth quarter. J.C. Penney's announcement is significant because it marks the first time since the second quarter of 2011 that it showed a positive comp for the quarter. "While 2013...

JC Penney (NYSE: JCP) announced on Wednesday that in an effort to cut costs and return to profitability will slash 2000 jobs and close down 33 stores. According to JCP's press release, the move should generate savings of $65 million. JC Penney's CEO, Myron Ullman, defends the decision, “While...

In a mere two paragraph-long statement entitled, “Comments on Holiday Performance,” J.C. Penney (NYSE: JCP) didn’t have much to say. The market did, with JCP shares closing down more than 10 percent on the day Wednesday, closing at $7.37, off by $0.82. In the statement, the company said it...

After two years of declining sales, shifts in top management and very public battles with activist investors, J.C. Penney (NYSE: JCP) finally showed some signs of life during Black Friday. The company hopes to continue its momentum by eliminating or drastically reducing some of the high-profile...

Retailers have been on a rise this year, with the SPDR Retail ETF (NYSE: XRT) up 41.95 percent compared to 26.71 percent on the S&P, but many investors are sceptical this trend will continue. Karl Loomes of Sungard’s Astec Analytics gave Benzinga exclusive data on retailers, heading into...

JC Penney (NYSE: JCP) has certainly seen better days, but just how bad has it gotten? Would you believe shares have reached a 31 year low? Looking back on the tape, it can be seen that in December 2000, JC Penney got very close to Monday's low of $8.59, but didn't quite fall that far, stopping...