JC Penney profit falls 50 percent but shares rise (Reuters)

[riky]

JC Penney profit falls 50 percent but shares rise
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - Retailer J.C. Penney Co Inc  
reported a 50 percent drop in quarterly profit on Thursday as
weak demand forced it to cut prices to clear unsold
merchandise, but the results were better than Wall Street
expected.</p><br clear="all"/>


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