THE TJX COMPANIES NEW YORK, October 20, 2016 /PRNewswire/ --
The U.S. Department Stores segment remains challenged by the increasing number of major players and the rising popularity of e-commerce. Over the five years to 2021, these factors are expected to further pressure industry revenue. Today, Stock-Callers.com reviews the following equities: J.C. Penney Co. Inc. (NYSE: JCP), Macy's Inc. (NYSE: M), Kohl's Corp. (NYSE: KSS), and The TJX Cos. Inc. (NYSE: TJX). You can access of our complimentary research reports on these stocks now at:
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J.C. Penney
Plano, Texas-based J.C. Penney Co. Inc.'s shares jumped 4.36%, closing Wednesday's trading session at $8.85. The stock recorded a trading volume of 14.39 million shares. Shares of the Company have advanced 32.88% on an YTD basis. The stock is trading 2.00% below its 200-day moving average. Additionally, shares of J.C. Penney, which through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the US, have a Relative Strength Index (RSI) of 40.38.
On September 30th, 2016, J.C. Penney announced that beginning October 5th it will offer a refund for customers who purchased the Royal Velvet(R) Egyptian cotton towels or the Royal Velvet Egyptian cotton damask stripe comforter set. While the products pose no safety concerns and are expected to provide long-lasting durability and performance, the company is giving concerned customers the option of bringing the following items into a local JCPenney store for a refund of the purchase price: Royal Velvet Egyptian cotton bath towels, which includes the complementary hand towels, washcloths and bath sheets; Royal Velvet 400tc Damask Stripe Egyptian Cotton Comforter Set, which includes matching sham(s).
On September 30th, 2016, research firm Guggenheim initiated a 'Neutral' rating on the Company's stock. Visit us today and download your complete report on JCP for free at:
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On Wednesday, shares in Cincinnati, Ohio-based Macy's Inc. recorded a trading volume of 3.20 million shares. The stock rose 1.11%, ending the day at $35.59. The Company's shares have advanced 1.80% in the last month, 1.36% in the previous three months, and 4.87% since the start of this year. The stock is trading below its 50-day moving average by 3.62%. Furthermore, shares of Macy's, which together with its subsidiaries, operates stores, Websites, and mobile applications in the US, have an RSI of 41.77.
On September 30th, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock.
On October 17th, 2016, Macy's announced the launch of a new partnership with specialty retailer Brookstone. Macy's will carry more than 30 Brookstone items in 347 stores and online at macys.com, priced from $14.99 to $299.99, beginning in mid-October. The complimentary research report on M can be accessed at: http://stock-callers.com/registration/?symbol=M Kohl's
Menomonee Falls, Wisconsin headquartered Kohl's Corp.'s stock finished the day 1.84% higher at $43.83 and with a total trading volume of 2.73 million shares. The Company's shares have gained 0.37% in the last one month and 12.21% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.29% and 4.24%, respectively. Additionally, shares of Kohl's, which operates department stores in the US, have an RSI of 48.68.
On September 30th, 2016, research firm Guggenheim initiated a 'Buy' rating on the Company's stock.
On October 05th, 2016, Kohl's announced the nationwide launch of Kohl's Pay, a mobile payment option which integrates the Kohl's Charge private label credit card into Kohl's mobile app. Kohl's Pay allows the more than 25 million active card holders across the country to pay for their in-store purchases with their Kohl's Charge card directly from their mobile device. Kohl's Pay also brings customers the added convenience of seamlessly applying their Kohl's offers, Kohl's Cash and Yes2You Rewards with a single transaction right from the mobile device at checkout. Register for free on Stock-Callers.com and download the PDF research report on KSS at:
http://stock-callers.com/registration/?symbol=KSS The TJX Cos.
Shares in Framingham, Massachusetts headquartered The TJX Cos. Inc. ended yesterday's session 0.41% higher at $73.46. The stock recorded a trading volume of 2.17 million shares. The Company's shares have advanced 4.60% on an YTD basis. The stock is trading 2.56% below its 200-day moving average. Moreover, shares of TJX Cos., which operates as an off-price apparel and home fashions retailer in the US and internationally, have an RSI of 39.23.
On September 16th, 2016, TJX Cos. announced the declaration of a quarterly dividend on its common stock of $.26 per share payable on December 1st, 2016, to shareholders of record on November 10th, 2016.
On September 30th, 2016, research firm Guggenheim resumed its 'Buy' rating on the Company's stock. Get free access to your research report on TJX at:
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