J.C. Penney (JCP) +5.1%. Investors are cheered both by the company's earnings beat, which was...

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

J.C. Penney (JCP) +5.1%. Investors are cheered both by the company's earnings beat, which was spurred by cost-cutting and strong reception to its exclusive merchandise, and by its improved guidance, with a forecast of full-year EPS of $2.15-2.25 vs. $2.04 consensus.