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financial

January 11, 2013

J.C. Penney Stock Hit by Downgrade

Retail stocks still manage gain on Wall Street.

By Evan Clark and Julia Neel

financial/news

UBS put a sell rating on J.C. Penney Co. Inc.’s stock and prompted an investor retreat that weighed on retail shares, but didn’t prevent the sector from posting a gain today.

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Latest Articles from Business

J.C. Penney Stock Hit by Downgrade

Retail stocks still manage gain on Wall Street.

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