October 01, 2013 at 08:00 AM EDT
Progress Update, Acquisition Agreements, Exclusive Partnerships, Quarterly Results, and Omnichannel Marketing - Research Report on J.C. Penney, eBay, Priceline, Bed Bath & Beyond, and Macy's
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NEW YORK, October 1, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting J.C. Penney Company, Inc. (NYSE: JCP), eBay Inc. (NASDAQ: EBAY), Priceline.com Incorporated (NASDAQ: PCLN), Bed Bath & Beyond Inc. (NASDAQ: BBBY), and Macy's, Inc. (NYSE: M). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

J.C. Penney Company, Inc. Research Report

On September 26, 2013, J.C. Penney Company, Inc. (JCPenney) announced that it is pleased with its progress thus far in the Company's turnaround efforts and in the traction its initiatives are starting to achieve. JCPenney reported that greater predictability is now visible in its performance across many areas. According to the Company, it continues to be encouraged by improvements in purchase conversion both in store and on its website, primarily as it is back in stock in key items and sizes the customer expects to find at JCPenney. In addition, the Company said that the overall sales on its website continue to trend double digits compared to last year. JCPenney noted that it still anticipates positive comparable store sales trends coming out of Q3 2013 and throughout Q4 2013. The Full Research Report on J.C. Penney Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/500f_JCP]

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eBay Inc. Research Report

On September 26, 2013, eBay Inc. (eBay) announced that it has entered into an agreement for the acquisition of Braintree, the innovative global payment platform powering the next generation of leading online and mobile-first startups. eBay reported that the total consideration for the acquisition of Braintree is approximately $800 million in cash. John Donahoe, President and CEO of eBay, stated, "Bill Ready and his team add complementary talent and technology that we believe will help accelerate PayPal's global leadership in mobile payments. Together, we expect that PayPal and Braintree also will accelerate our leadership in supporting developers who are creating innovative solutions for next generation commerce startups." The Full Research Report on eBay Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4666_EBAY]

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Priceline.com Incorporated Research Report

On September 25, 2013, Priceline.com Incorporated (Priceline) announced that Booking.com, a part of the Priceline Group, has entered into a partnership with NYC & Company, New York City's official marketing, tourism, and partnership organization. According to Priceline, Booking.com will be the exclusive hotel booking engine powering New York's official tourism website, nycgo.com, helping NYC & Company push incremental hotel bookings during key need periods, exclusively for its hotel member properties. Todd Dunlap, Managing Director, Booking.com, commented, "With a flexible 'pay after you stay' booking model and 24/7 customer service offered in 41 languages, Booking.com provides the most delightful hotel booking experience for global travelers looking to visit the world's leading travel destination, New York City." Dunlap added, "Our partnership with NYC & Company brings our international authority in accommodation and global traveler base to a rapidly growing assortment of hotels, from hostels to boutique hotels to five-star luxury, throughout the city's five boroughs." The Full Research Report on Priceline.com Incorporated - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/8186_PCLN]

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Bed Bath & Beyond Inc. Research Report

On September 25, 2013, Bed Bath & Beyond Inc. (Bed Bath & Beyond) released its Q2 FY 2013 financial results (period ended August 31, 2013). Bed Bath & Beyond registered net sales growth of 8.9% YoY to $2.8 billion in Q2 FY 2013. The Company's net earnings growth was 11.1% YoY to $249.3 million. Bed Bath & Beyond posted diluted EPS growth of 18.4% YoY to $1.16. According to the Company, it expects diluted EPS to be in the range of $1.11 to $1.16 during Q3 FY 2013 and $1.70 to $1.77 during Q4 FY 2013. Bed Bath & Beyond's full-year FY 2013 diluted EPS is expected to be in the range of $4.88 to $5.01, which will include Cost Plus, Inc. (World Market) and Linen Holdings. The Full Research Report on Bed Bath & Beyond Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/0690_BBBY]

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Macy's, Inc. Research Report

On September 19, 2013, Macy's Inc. (Macy's) announced that it is an exclusive launch partner for iTunes Radio, Apple's new iAd-supported streaming radio service. Macy's reported that iTunes Radio allows it to reach a broad cross-section of consumers with compelling digital, visual and audio engagement experiences on their iPhone, iPad, iPod Touch, Apple TV, Mac, or PC, which is strategically in line with the Company's Omnichannel marketing strategy. Martine Reardon, Macy's Chief Marketing Officer, said, "We are really excited about the unique opportunities available with iAd on iTunes Radio, because it allows us to customize an experience across multiple screens with digital, video and audio content. iAd on iTunes radio will help us deliver fashion, value and entertainment to our customers on the devices they use at home and on the go." The Full Research Report on Macy's, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b69d_M]

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  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
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