Morning Buzz: J.C. Penney Company, Inc.(NYSE:JCP), Macy’s, Inc. (NYSE:M), HEMP, INC. (OTCMKTS:HEMP)
Lakeway, NY — (MARKET NEWS CALL) — 3/07/2014— Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market about the small and penny stocks, issues news alert on J.C. Penney Company, Inc.(NYSE:JCP), Macy’s, Inc. (NYSE:M), HEMP, INC. (OTCMKTS:HEMP).
J.C. Penney Company, Inc.(NYSE:JCP)’s shares jumped 0.93% to $8.72. The company on Feb. 26 announced financial results for its fiscal fourth quarter and full year ended Feb. 1, 2014. For the fourth quarter, JCPenney reported net sales of $3.78 billion compared to $3.88 billion in the fourth quarter of 2012, which included the additional 53rd week. For the fourth quarter, the Company reported net income of $35 million or $0.11 per share. For the full year 2013, comparable store sales decreased 7.4 %. Total sales decreased 8.7 % for the year. Internet sales through jcp.com grew $59 million to $1.08 billion for the year, increasing 5.8 % over last year.
Macy’s, Inc. (NYSE:M)’s shares jumped 0.49% to $57.58. The board of directors of Macy’s, Inc. on Feb. 28 declared a regular quarterly dividend of 25 cents per share on Macy’s common stock, payable April 1, 2014, to shareholders of record at the close of business on March 14, 2014. Macy’s, Inc., with corporate offices in Cincinnati and New York, is one of the nation’s premier retailers, with fiscal 2013 sales of $27.931 billion. The company operates about 840 stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s, as well as the macys.com and bloomingdales.com websites.
HEMP, INC. (OTCMKTS:HEMP)’s shares is trading at $0.11. Hemp, Inc. (HEMP), through its wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), on Mar. 3 announced that its Board of Directors has appointed Dannion Brinkley to serve as Hemp Ambassador to Dewmar International BMC, Inc. (DEWM).
Based on the Consulting Agreement between IHMMCC and Dewmar International BMC, Inc., IHMMCC is now providing its consulting services specific to the industrial hemp/medical marijuana industry to augment Dewmar’s sales and aid with strategically aligning their marketing strategy within the industry, all spearheaded by the newly appointed Hemp Ambassador, Dannion Brinkley.
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Tags: HEMP, Inc. (NYSE:JCP), Inc. (NYSE:M), INC. (OTCMKTS:HEMP), J.C. Penney Company, Macys