Penney’s shares plunge after 4Q massive loss

FILE - In this Friday, July 27, 2012, file photo, Teresa Chavez shops at JC Penney's in the Southaven Towne Center Mall in Southaven, Miss. On Thursday, Feb. 28, 2013, a day after J.C. Penney reported a much wider-than-expected loss, the retailer’s stock is plummeting. (AP Photo/The Commercial Appeal, Kyle Kurlick, File)

NEW YORK (AP) — J.C. Penney was the biggest loser Thursday.

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Source: Business  

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