J.C. Penney Gains

Alltel reportedly in talks to buy Western Wireless; Tivo partners with Microsoft; plus more of Thursday's stocks in the news

J.C. Penney (JCP ) posted 3.1% higher holiday (nine-week) same-department-store sales. The company believes fourth-quarter earnings per share is trending toward the high-end of previously communicated guidance, with earnings per share now expected to be $1.00 to $1.05, including previously disclosed one-time charges.

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