Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / TCO - J.C. Penney Bucks Trend Pays Its April Rent


TCO - J.C. Penney Bucks Trend Pays Its April Rent

While Cheesecake Factory (NASDAQ: CAKE) declared it will stop paying rent during the coronavirus pandemic and other companies have called for a "rent strike," one unlikely retailer, J.C. Penney (NYSE: JCP), is honoring its monthly obligation.

Bloomberg reports that although the financially troubled retailer has closed its 850 stores across the country, one landlord for several J.C. Penney locations says it has been paid by the retailer for April without being asked to make any concessions.

Image source: J.C. Penney.

Continue reading

Stock Information

Company Name: Taubman Centers Inc.
Stock Symbol: TCO
Market: NYSE
Website: taubman.com

Menu

TCO TCO Quote TCO Short TCO News TCO Articles TCO Message Board
Get TCO Alerts

News, Short Squeeze, Breakout and More Instantly...