CBJ – Feb. 25 – J.C. Penney Co. Inc. rode a successful holiday shopping season to a 51.8 per cent improvement on its annual net income. Plano, Texas-based J.C. Penney (NYSE: JCP) grew its fourth quarter net income by 35.5 per cent, up from US$200 million in 2009 to 2010 last year to post earnings of $389 million on the year – up from the
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