JCPenney


False Bankruptcy Rumor Sinks JCPenney Stock

JCPenney

Plano, TX—Although the United States government may face default Thursday should the U.S. Congress fail to pass a compromise debt … [Read more...]

Week in Review: The 10 Online Articles Not to Miss

Holiday Shopping

New York—As it has in almost every media outlet, the U.S. government shutdown—and the impending deadline for the debt … [Read more...]

JCPenney: “Significant Strides” Made in Turnaround Efforts

JCPenney storefront

Plano, TX—Seeking to stave off the effects of recent reports about its business, JCPenney today issued an update noting its … [Read more...]

Fitch Lowers JCPenney’s Rating Further into Junk Status

JCPenney's logo turns red again

New York—Fitch Ratings, the ratings agency, this week lowered JCPenney’s credit rating into junk status on fear the struggling … [Read more...]

Week in Review: 10 Web Articles Not to Miss

Chanel

New York—The really big news in fashion all seemed to be coming out of Paris this week. Looking fresh on the runways were new … [Read more...]

Hedge Fund Perry Capital Cuts its Stake in JCPenney

JCPenney's flagship on 33rd Street, Manhattan

Plano, TX—One of JCPenney’s remaining largest shareholders cut its stake in the department store by half, according to a … [Read more...]

JCPenney Offers Shares to Raise Cash Ahead of Holiday

JCPenney

Plano, TX—Only hours after its CEO Myron “Mike” Ullman told analysts he didn’t see “conditions for the rest of the year that would … [Read more...]

Week in Review: Trends, News to Remember

Untitled-1

New York—As fashion’s focus turns to Paris after Milan and London, we continue to bring you the latest emerging trends direct from … [Read more...]

JCPenney’s Shares Rebound on Positive Turnaround Comments

JCPenney storefront

Plano, TX—After its shares fell below $10 for the first time since 2000, JCPenney today saw a rebound after it indicated it … [Read more...]

Report: JCPenney Explores Further Financing

JCPenney

Plano, TX—JCPenney reportedly is working with Goldman Sachs Group Inc. about raising additional capital, possibly seeking loans … [Read more...]

Week in Review: 10 Must-Reads

collage spring 2014 colors

New York—Just because it was a shorter week for many of us—between Labor Day and Rosh Hashanah—there was no shortage of … [Read more...]

Hedge Funds Up Their Stakes in JCPenney

JCPenney

Plano, TX—Activist investor William Ackman may have washed his hands of its hedge fund’s 18% stake in JCPenney, but several other … [Read more...]