Orlando, FL -- (SBWIRE) -- 09/19/2013 -- 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), IAMGOLD Corporation (USA)(NYSE:IAG).
J.C. Penney Company, Inc.(NYSE:JCP) shares dropped 2.11% to $13.45. The company pulled Bodum AG products from its website after the kitchen-goods maker sued the retailer for the delayed and scaled back opening of its Ron Johnson-designed home departments. Thomas Perez, chief executive officer of New York-based subsidiary Bodum USA Inc., confirmed in an interview on Sept. 11 that the goods had been removed. J.C. Penney hasn’t explained why they were taken off the site, though Perez said he assumed it was because of the lawsuit and called it “another breach of contract.”
Additionally, Zacks maintained their Neutral recommendation on J. C. Penney Company, Inc. (JCP). Moreover, shares of J. C. Penney currently hold a Zacks Rank #3 (Hold) on Sept. 11.
Are investors worried about the recent updates with JCP? Find out with a free trend analysis HERE
IAMGOLD Corporation (USA)(NYSE:IAG) shares increased 9.68% to $5.89. The company on Sept. 15 reports that the Société d'Exploration des Mines d'Or de Yatela S.A, a joint venture between IAMGOLD (40%), AngloGold Ashanti (40%) and the government of Mali (20%), has decided to suspend mining excavation activities at the Yatela Mine in Mali effective September 30, 2013. This decision reflects a combination of factors, including miner safety in the pit, the drop in the spot price of gold and the reduction in profit margin.
Is IAG going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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