JCP News and Press, J.C. Penney Company Inc. From 06/05/20

Having recently disentangled themselves from an acquisition deal to buy the ailing Victoria's Secret brand from L Brands (NYSE: LB) for $525 million, New York private equity firm Sycamore Partners may now be zeroing in on bankrupt retailer JC Penney (NYSE: JCP) . Reuters reports knowledge...

A new wrinkle in the planned bankruptcy of retailer JC Penney (NYSE: JCP) emerged Thursday as a group of lenders, including Aurelius Capital Management, is attempting to oust the original lenders from the process by offering JC Penney a loan with better terms. When JC Penney filed for Chap...

J. C. Penney Co. Inc. ( JCP ) filed for bankruptcy on Friday, joining a growing number of retail firms that have taken this path toward restructuring. The company joins Neiman Marcus Group Inc., J. Crew Group Inc. and Stage Stores Inc. who also have filed for bankruptcy this month. The pre...

As department store chain J.C. Penney (NYSE: JCP) begins dealing with the aftermath of declaring bankruptcy last weekend, sources have told Women's Wear Daily the troubled retailer may be in acquisition talks with Amazon.com (NASDAQ: AMZN) representatives. According to reports late yes...

Amazon (NASDAQ: AMZN ) and J.C. Penney (NYSE: JCP ) haven't responded to yesterday's report from Women's Wear Daily of talks between the two companies on a deal. More news on: Amazon.com, Inc., J. C. Penney Company, Inc., Consumer stocks news, Read more ...

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 . While U.S. consumers didn't do much shopping in April, considering last Friday's dreadful retail sales report, investors might soo...

NEW YORK , May 18, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Friday, May 22 : S&P MidCap 400 constituent West Pharmaceutical Serv...

Physicians Realty Trust (NYSE: DOC ) is up 7.9% after hours alongside news that it's joining the S&P MidCap 400 , one of a group of index shuffles set off by the bankruptcy of J.C. Penney (NYSE: JCP ). More news on: Physicians Realty Trust, J. C. Penney Company, Inc., Helmerich &...

Amazon is in talks with J.C. Penney (NYSE: JCP ), WWD reports . Amazon is said to be a contender for either all or parts of JCP. ”There is an Amazon team in Plano as we speak,” said one source. “There is a dialogue and I’m told it has a lot to do with A...

Declaring Chapter 11 bankruptcy after devastating sales losses to COVID-19 deepened its already existing troubles, department store chain J.C. Penney (NYSE: JCP) says it intends to close a greater number of stores than it originally meant to. The total permanent closures are now expected t...