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What's At Stake For Shopping Mall REIT Taubman As Activist Clash Comes To A Climax
Tuesday, May 30, 2017 - 1:44pm | 587Read More...The fate of Taubman Centers, Inc. (NYSE: TCO) seems to rest on Thursday’s annual shareholder meeting. Since October, activist investor Jonathan Litt has campaigned with Charles Elson, director of the University of Delaware’s John L. Weinberg Center for Corporate Governance, to supplant...
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Not Dead Yet: 3 Retailers That Are Apparently Defying The Odds
Thursday, February 27, 2014 - 4:45pm | 1335Read More...The retail industry has been in dire straits for some time now, and amid predictions of a tough 2014 for many major retailers there have also been death knells sounded for several stores have have been apart of the American consumer landscape for years, if not decades. However, recent earnings...
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JC Penney Third Quarter Profits Fall 78%, Still Beats Expectations (JCP)
Friday, November 13, 2009 - 11:55am | 128Read More...JC Penny announced that they have generated third quarter earnings of $27 million or 11 cents a share. This marks a 78% drop in profits from the same quarter a year ago of $123 million or 55 cents a share. JC Penny also experienced a drop in revenue of 2.3% as well as a drop in same store sales of...
