OptionsHouse

Options Trading News

November 9, 2012  Fri 7:24 AM CT

JCP: SEE CHART GET CHAIN FIND STRATEGIES

Shoppers Defect Before Holiday Shopping Season

J.C. Penney announced that same-store sales fell by 26 percent in the third quarter, worse than the 17 percent decline expected by analysts. It also lost $0.93 a share, compared with the consensus estimate for a $0.07 loss. JCP is down by 5 percent before the bell on my tradeMONSTER platform.

Groupon Drops After Earnings, Revenue Miss

Groupon reported breakeven results on a per-share basis, while analysts had expected profit of $0.03. Revenue of $568.6 million also lagged the $590 million estimate. GRPN fell 20 percent in early trading.

Kayak Pops on Priceline.com Takeover

Kayak Software agreed to be acquired by Priceline.com for $1.8 billion, or $40 a share in cash and stock. KYAK, which also reported strong quarterly results, rose 26 percent.

Share this article with your friends


Related Stories

JCP

Cramer: Job data good for stocks

January 12, 2015

This is a good news/bad news story for employees: More jobs, but not at higher prices. But it is a phenomenal story for stock investors.

JCP

Cramer: Case for rational markets

January 8, 2015

Rationality is a reminder that you want to buy the stocks of companies that are beneficiaries of big macro trends, not sell them.

Invest Like a Monster - Las Vegas: March 13-14

Premium Services

Free Webinar

Option Money Machine Winter Classic

Education & Strategy

Rolling in possibilities!

First of all, we want to wish everyone a happy, healthy, and prosperous New Year!  Our plan was to get...

View more education articles »