J C Penney (JCP) Down on Q3 Losses

J C Penney Company Inc. (NYSE: JCP) shares fell 0.5% to $8.77. J C Penney posted in-line Q3 loss, but revenue missed expectations. Comparable sales fell 0.8% during the quarter. Share volume was 36.6 million, compared to an all-day average of 15.2 million