JC Penney reports weaker-than-expected comparable sales; stock plunges

J.C. Penney on Friday turned in a mixed report for the second quarter, saying that although the retail environment remains challenged, it sees signs of hope in the second half of the year. But with earnings and same-store sales falling short of Wall Street estimates,...

Snap plunges 15% to under $12 after another disappointing earnings report

Snap has not snapped back. The social media company reported worse-than-expected quarterly results on Thursday, with a loss that was steeper than expected and revenue that missed estimates, as it added fewer users than Wall Street anticipated. Snap added 7 million...