J. C. Penney (JCP) Cash Burn Tied to Former CEO, Thinks BTIG
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J.C. Penney (JCP) Spikes then Flatlines as Questions Remain
August 8, 2013 1:25 PM EDTAfter spiking higher, shares of J.C. Penney Co., Inc. (NYSE: JCP) are moving sideways to down as some are viewing the new CEO reports as not "new" news. In addition, Allen Questrom position on coming back as Chairman appears the same. He... More
Buy J. C. Penney (JCP) Bonds, Short the Common - Imperial Capital
August 5, 2013 1:28 PM EDTShares of J. C. Penney (NYSE: JCP) continue to get rocked on worries about its liquidity following recent reports CIT halted credit to small vendors shipping to the company - although the company said those reports were "unture."
Commenting on the fluid situation, Imperial Capital Mary Ross-Gilbert is calling Q2 a "make-or-break" quarter although she sees... More
J.C. Penney (JCP) Stock Pressured, Again
August 2, 2013 2:19 PM EDTJ. C. Penney Company, Inc. (NYSE: JCP) stock declined on Friday. Investors are once again concerned about the retailer's cash position, as same-store-sales and margins expectations fail to impress.
Earlier this week, the stock was downgraded by analysts at Citi,... More
CIT Lifted Credit Restriction on J.C. Penney (JCP) on Wednesday Morning - NY Post
August 2, 2013 9:26 AM EDTCommercial lender CIT imposed a hold on J.C. Penney (NYSE: JCP) credit on Tuesday and left it in effect until early Wednesday, according to the latest reports in NY Post. The article follows comments by J.C. Penney yesterday claiming reports were... More