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financial

August 15, 2008

Penney's Profits Fall 35.7 Percent

Chairman and chief executive officer Myron "Mike" Ullman III cites weak economic conditions in the second quarter.

By Matthew Lynch

financial/news

J.C. Penney Co. Inc. was not immune to what chairman and chief executive officer Myron ³Mike² Ullman III called weak economic conditions in the second quarter.

The department store...

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Latest Articles from Business

Penney's Profits Fall 35.7 Percent

Chairman and chief executive officer Myron "Mike" Ullman III cites weak economic conditions in the second quarter.

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