JCPenney (JCP) in Talks for $1B Asset-Backed Loan
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/11/2026
- Wall Street ends down as expectations of Hormuz deal fade
- JPMorgan lifts S&P 500 target to 8,000 on strong earnings
- Nvidia and Wall Street giants plan $500B AI funding deal, FT reports
- Jefferies cuts Apple rating as higher-priced iPhone roadmap looks difficult
- Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
- After-Hours Movers: SPCX, AMD, ANET, PINS, APPS, UPST, ZETA, BKNG, LCID, CPNG, MTCH
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
UPDATE: Gilford Securities Upgrades J. C. Penney (JCP) to Buy
April 22, 2013 9:38 AM EDT(Updated - April 22, 2013 10:46 AM EDT)
Less than a month after upgraded the stock from Sell to Neutral, Gilford Securities analyst Bernard Sosnick has taken his rating on to J. C. Penney (NYSE: JCP) to Buy. Sosnick believes the company is at an... More
JCPenney (JCP) Looks to Enter New $500M Secured Loan
April 18, 2013 2:02 PM EDTJCPenney (NYSE: JCP) popped higher Thursday afternoon following headlines that it might be in discussions for more financing.
Dow Jones reported that a Wells Fargo-led group might offer JCPenney a $500 million credit line. Others in the group include private equity... More
JCPenney (JCP) Seeks to Raise Over $1B as Cash Pile Dwindles
April 12, 2013 7:33 AM EDTDespite recent woes at the company, retailer JCPenney (NYSE: JCP) isn't giving up yet.
Reports out Friday have JCPenney tapping the advisory arm of private equity firm Blackstone (NYSE: BX) to advise on how to shore-up its eroding cash pile. The retailer may also be in discussions to seek $1 billion in financing, with one option being a minority... More
