JCP News and Press, J.C. Penney Company Inc. From 09/28/19

J.C. Penney's ( JCP ) potential debt moves may buy it some more time or reduce its overall leverage. It still needs to deliver noticeable improvements in gross margins and sales in order to get its EBITDA up to a decent level though. The gross margin progress has been pretty good so far, but...

Whether you're a novice investor or a seasoned veteran, you're witnessing history right now. For the past 122 months, the U.S. economy has been expanding. Dating back to the early 1860s, which is when relatively accurate record keeping for economic growth and recessions began, this represents th...

The stock market was a mixed bag on Friday afternoon. There wasn't any specific news pushing the major indices up or down, but investors remained concerned about trade relations and a possible recession. Index Change at 1 p.m. EDT Continue reading

Shares of J.C. Penney (NYSE: JCP) were surging Friday on news that the department-store chain was planning to hold talks with creditors ahead of the holiday season. The market unsurprisingly saw the move as a positive, as it gives the company the opportunity to get some relief from its debt ...

J.C. Penney ( JCP +4.9% ) is in talks with creditors on ways to relieve some debt pressure ahead of the holiday season, according to Bloomberg. More news on: J. C. Penney Company, Inc., Consumer stocks news, Stocks on the move, Read more ...

This Post Was Syndicated Under License Via QuoteMedia Worthington® takes center stage with fall’s newest shades of brown Plano, Texas, Sept. 19, 2019 (GLOBE NEWSWIRE) — JCPenney [NYSE: JCP] is inviting women to spice up their style this fall with warm neutrals that ta...

Department store stocks are lower once again after Cleveland Research says QTD trends are below expectations. The observation from the research firm was also confirmed last week when the August retail sales report showed a large decline in the department store category amid generally solid s...

In a previous piece, we noted the uphill battle J.C. Penney ( JCP ) is facing and the heavy risks - but potential rewards - equity investors are exposing themselves to. We also mentioned the heavy debt loads the company is supporting. Digging deeper into the debt picture shows a large portion ...

Once the leader among department stores, J.C. Penney (JCP) is now making headlines as it seeks to save itself from Chapter 11/7 bankruptcy. In the past decade, sales have been nearly sliced in half with shares down over 41% in the last 12 months. Source: New York Post The issues are ha...

J.C. Penney's ( JCP ) stock has made a nice run-up since bottoming out at around $0.53 per share around one month ago. However, this run-up has made the risk/reward equation for J.C. Penney's stock considerably less favorable. The odds of J.C. Penney being able to pull off its required turnaro...