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JCP News and Press, J.C. Penney Company Inc. From 04/30/20

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Company Name: J.C. Penney Company Inc.
Stock Symbol: JCP
Market: NYSE

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JCP - Macy's Risk Rises as Credit Insurers Withdraw Coverage

Two of the world's biggest credit insurers have reportedly stopped writing coverage for Macy's (NYSE: M) , increasing the likelihood the retailer will have a more difficult recovery once the coronavirus pandemic passes. Policies offered by credit insurers protect vendors and suppliers from a...

JCP - ETY: 10% Yielding CEF, But We Are Concerned About The Second Wave Of Coronavirus Infections

This time, we will present our readers with the Eaton Vance Tax-Managed Diversified Equity Income Fund ( ETY ), which was incorporated in November 2006. It is a closed-ended fund that is primarily focused on domestic and some international dividend-paying companies. In addition, this fund ut...

JCP - Why Macy's Stock Is Rising Today

Shares of troubled retailer Macy's (NYSE: M) were rising on Monday amid growing optimism that the company might weather the coronavirus pandemic -- and if so, that it could stand to gain market share from wounded rivals. As of 3:15 p.m. EDT, Macy's shares were up about 11% from Friday's clo...

JCP - Neiman Marcus Is About to Become the First Department Store Casualty of COVID-19

High-end retailer Neiman Marcus Group is about to become the first department store to succumb to the coronavirus pandemic, with Reuters reporting it will file for bankruptcy as early as today. However, while the chain is seeking to line up $600 million in financing to allow the company to reor...

JCP - Stock Market News: Penney's Swan Song; Zoom to Join an Elite Group

The stock market had a mixed showing early today as it aimed to close out a momentous week that was chock-full of earnings reports and other market-moving news. Investors remain uncertain about the near-term future for stocks, as the massive rebound from the bear market lows has created a big de...

JCP - Wall Street Breakfast: Economic Rescue Effort Continues

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The U.S. House of Representatives passed a $484B coronavirus aid package last night that will replenish funding for PPP loans and ...

JCP - J.C. Penney even closer to bankruptcy

J.C. Penney (NYSE: JCP ) is now in advanced talks for bankruptcy funding with a group of lenders, according to The Wall Street Journal . More news on: J. C. Penney Company, Inc., Consumer stocks news, Read more ...

JCP - Online retailer to brave the IPO void

It's been nothing but crickets in the IPO market, but a surprise entry is stepping up from the retail sector. More news on: Bed Bath & Beyond Inc., The Home Depot, Inc., Lowe's Companies, Inc., Consumer stocks news, IPO News, Read more ...

JCP - How Banks Have Prepared for Slowdown

In this episode of Motley Fool Money , Chris Hill and Motley Fool analysts Jason Moser and Ron Gross discuss the rising stock market and the upcoming earnings season. Get updates on what's going on with the retail space. Discover how some companies are gaining traction in this environment and...

JCP - The A-Z of Dividend Investing

In this episode of Rule Breaker Investing , David Gardner chats with Motley Fool analysts Buck Hartzell and Robert Brokamp about dividend investing. Discover how dividends have behaved historically and their importance. Which one is better for shareholders: dividends or share buybacks? What s...

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