JCPenney's (JCP) Q1 Results are Credit-Positive Development - Moody's
Get Alerts JCP Hot Sheet
Join SI Premium – FREE
Moody's Investors Service today stated that J.C. Penney Company, Inc. (NYSE: JCP) first quarter operating results exceeded its expectations and are viewed as a credit positive.
The principal methodology used in this rating was the Global Retail Industry Methodology published in June 2011. Other methodologies used include Loss Given Default for Speculative-Grade Non-Financial Companies in the U.S., Canada and EMEA published in June 2009. Please see the Credit Policy page on www.moodys.com for a copy of these methodologies.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Goldman Sachs Downgrades Yunda Holding Co Ltd (002120:CH) to Sell
- Canaccord Upgrades Lithium Americas Corp. (LAC:CN) (LAC) to Spec. Buy
- Axis Capital Limited Starts Wakefit Innovations (WAKEFIT:IN) at Buy (1)
Create E-mail Alert Related Categories
Credit RatingsRelated Entities
Moody's Investors ServiceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share