Orlando, FL -- (SBWIRE) -- 10/14/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On J.C. Penney Company, Inc.(NYSE:JCP), Barrick Gold Corporation (USA) (NYSE:ABX).
J.C. Penney Company, Inc.(NYSE:JCP) shares jumped 0.38% to $8. Shareholder rights law firm Robbins Arroyo LLP on Oct. 11 announces that an investor of J.C. Penney Company, Inc. (NYSE: JCP) has filed a federal securities fraud class action complaint in the U.S. District Court for the Eastern District of Texas. The complaint alleges that the company and certain of its officers violated the Securities and Exchange Act of 1934 from August 20, 2013 to September 26, 2013 (the "Class Period").
Additionally, the company on Oct. 8 reported a smaller decline in same-store sales for September, compared to August, and said it was seeing positive signs in many areas of its business.
The company said that while September same-store sales fell 4 percent over the same month last year, they showed an improvement of 580 basis points compared with August. Women's and men's apparel, fine jewelry and women's accessories were performing better than average, the company said. Women's apparel, Penney's largest business, also had positive sales in September.
Are investors worried about the recent updates with JCP? Find out with a free trend analysis HERE
Barrick Gold Corporation (USA) (NYSE:ABX) shares declined 3.42% to $17.23. The company on Oct. 1 announced it has completed the divestiture of its Yilgarn South assets ("Yilgarn South") in Western Australia to Gold Fields Limited ("Gold Fields"). The Yilgarn South assets are comprised principally of the Granny Smith, Lawlers and Darlot mines. In aggregate, these mines produced 452,000 ounces in 2012 at all-in sustaining costs (AISC) of $1,137 per ounce and 196,000 ounces in the first half of 2013 at AISC of $1,145 per ounce.
Is ABX going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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