J.C. Penney said its CFO, Jeffrey Davis, will be departing the department store chain effective this Monday to pursue other opportunities, leaving another gaping hole in the retailer’s C-Suite. Its shares were falling more than […]
Wall Street is buzzing over SEC’s civil action against Tesla CEO Elon Musk, predicting significant negative ramifications for the electric car market due to the action. Shares of the automaker were down 12 percent in […]
On Wall Street, stocks rose as shares of Apple led tech shares higher. J.P. Morgan initiated the stock with an overweight rating, setting its price target at $272 — 23 percent higher than the stock’s […]
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