On Friday, Shares of J. C. Penney Company, Inc. (NYSE:JCP), lost -3.40% to $8.24.
J.C. Penney Company declared that it will release its second quarter 2015 financial results on Friday, August 14, at 7:30 a.m. ET. The news release will be followed by a live conference call and webcast conducted by Chief Executive Officer Marvin Ellison and Chief Financial Officer Ed Record that will start at 8:30 a.m. ET.
J.C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating.
Shares of Spirit Realty Capital, Inc. (NYSE:SRC), inclined 2.89% to $10.33, during its last trading session.
Spirit Realty Capital on Thursday stated a key measure of profitability in its second quarter. The results exceeded Wall Street expectations, according to AP.
The real estate investment trust, based in Scottsdale, Arizona, said it had funds from operations of $95 million, or 22 cents per share, in the period.
The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 20 cents per share. AP Reports
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $60.9 million, or 14 cents per share. AP added.
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.
Finally, Cognizant Technology Solutions Corporation (NASDAQ:CTSH), ended its last trade with 0.81% gain, and closed at $67.62.
Cognizant Technology Solutions declared that Karen McLoughlin, Chief Financial Officer, will present at the following investor conference:
The Oppenheimer 18th Annual Technology, Internet & Communications Conference: Wednesday, August 12, 2015, at 1:45 PM ET.
Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The company operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other.
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