The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

BC-US--Earns-JC Penney 2, 0390

Contributed by NAMPA / Associated Press.

JC Penney outlook spooks Wall Street<
AP Photo NYMA102-0516181031, NYMA103-0516181135, NYMA101-0516181030<
Eds: Updates throughout. With AP Photos.<
NEW YORK (AP) - J.C. Penney blamed weak clothing sales on bad spring weather and said it would offer more plus-size fashions to try and boost sales.
The company also cut its earnings outlook for the year and its stock tumbled 14 percent Thursday.
Penney said the cool weather hurt sales of its kids and women's clothing. Sales of its ...

 

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