JCPNQ News and Press, JC Penney Co From 09/12/20

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 . Technology stocks again faded down the stretch Friday, pulling the Nasdaq down for the fifth time in six sessions, although some late bu...

Authentic Brands may join Simon Property Group (NYSE: SPG ) and Brookfield Property Partners (NASDAQ: BPY ) in a rescue of J.C. Penney Company  ( OTCPK:JCPNQ ) , according to Business Insider. More news on: Simon Property Group, Inc., Brookfield Property Partners L.P., J. C. Pe...

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 . Growing media backlash The social hashtag "#CancelNetflix" (NFLX) is gaining steam and has reached Twitter's top trending topics as ...

3 Penny Stocks (Some Former) With Very Different Stories What defines a penny stock ? Is it the exchange that it’s traded on? Could it be the market cap of the stock? While some may try to complicate this, what defines a penny stock is simply its price. According to the standard defin...

The introduction to this article is a little different but does involve one of the stocks held in the Taxable Account - Simon Property Group ( SPG ). It was announced that the behemoth REIT is exercising its financial flexibility, along with Brookfield Property Partners ( BPY ), to purchase J...

At a fifteen-minute status conference on September 9, Joshua Sussberg, a lawyer representing J. C. Penney (JCPNQ), announced to the court that various parties had executed a non-binding letter of intent for the purchase of operating assets by a group led by Simon Property Group ( SPG ) and B...

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 . Race to the bottom for central banks Currency traders are preparing for a key meeting at the ECB, which has seen the euro appreciate...

Intends to Establish Separate “OpCo” and “PropCo” Entities to Maximize Value for Stakeholders and Maintain JCPenney Banner for Decades to Come J.C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it has reached an agreement in principle to sell JC...

U.S. mall owners Simon Property Group ( SPG -1.7% ) and Brookfield Property Partners ( BPY +0.4% ) are close to wrapping up an $800M deal to rescue J.C. Penney ( OTCPK:JCPNQ +81.2% ) from bankruptcy, Joshua Sussberg, a lawyer with Kirkland & Ellis, said at a court hearing t...

The department store companies have recently been through hard times, and the future is not promising. I decided to carry out a financial and profitability comparison of some big-name stores like Macy's Inc. ( M ), Kohl's Corporation ( KSS ), Nordstrom Inc. ( JWN ), and Dillard's Inc. ( DDS )....