Shares of J.C. Penney (JCP +4.3%) get a lift with positive comments out from Oppenheimer and...

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

Shares of J.C. Penney (JCP +4.3%) get a lift with positive comments out from Oppenheimer and reports saying customer traffic was strong last weekend. An exec with the retailer noted in-season markdowns on coats and jackets were due to an unseasonably warm November that slowed sales of the items. It's the kind of grounded comment Wall Street has been looking for after the dreamy rhetoric of Ron Johnson over the last year has worn thin.