J.C. Penney (JCP) Declares Purported Notice of Default on Certain Bonds Invalid
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Maxim Group Starts J. C. Penney (JCP) at Sell
February 6, 2013 7:15 AM ESTMaxim Group initiates coverage on J. C. Penney (NYSE: JCP) with a Sell. PT $10.00.
For an analyst ratings summary and ratings history on J. C. Penney click here. For... More
Will J.C. Penney (JCP) Be Roadkill in Icahn-Ackman Battle of Titans?
February 5, 2013 9:00 AM ESTFollowing news that J.C. Penney Co., Inc. (NYSE: JCP) bondholders of more than 50% of the Company's 7.4% Debentures due 2037 are seeking to push the company into default - which the company said is invalid - there is speculation that Carl Icahn could be behind the move.
A report from ZeroHedge notes that volume in the notes... More
