J.C. Penney Company Inc (JCP) 10.77 $JCP
J. C. Penney Announces Pricing of Offering of Senior Unsecured Notes
Thomson Reuters ONE - Wed Sep 10, 3:05PM CDT
PLANO, Texas - (Sept. 10, 2014) - J. C. Penney Company, Inc. (the "Company"
(NYSE: JCP) announced today that its wholly owned subsidiary, J. C. Penney Corporation, Inc. (together with the Company, "J. C. Penney" , has upsized and priced its underwritten public offering of $400 million aggregate principal amount of 8.125% senior unsecured notes due 2019, for which the Company will be a co-obligor (the "Notes" . The size of the offering was increased from the previously announced $350 million. The Notes were priced at 100% of face amount for a yield to maturity of 8.125%. The offering is expected to close on or about September 15, 2014, subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes to pay the tender consideration and related transaction fees and expenses for J. C. Penney's contemporaneous tender offers to purchase for cash up to $300 million aggregate principal amount of its outstanding 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017 (collectively, the "Tender Securities" . J. C. Penney intends to use any remaining net proceeds for general corporate purposes, which may include further purchasing or otherwise retiring a portion of its existing indebtedness.
J. C. Penney proposes USD350m senior notes offering
M2 - Wed Sep 10, 5:52AM CDT
US retailer J. C. Penney Company Inc (NYSE: JCP) announced on Tuesday that J . C. Penney Corporation Inc, its wholly owned subsidiary, has commenced an underwritten public offering of USD350m aggregate principal amount of senior unsecured notes, for which the company would be a co-obligor, subject to market and other conditions.
Is J.C. Penney Inc.'s Stock a Buy?
Rich Duprey, The Motley Fool - Motley Fool - Tue Sep 09, 2:45PM CDT
Despite its well-publicized troubles over the past two years, J.C. Penney investors are enjoying the turnaround management is engineering in 2014, a performance that's even outpacing the stock market as a whole, which itself continues to climb to...
Trump and the Decline of the Middle Class Casino
at The Street - Tue Sep 09, 11:48AM CDT
The bankruptcy filing by Trump Entertainment Resorts is the latest example of the decline of the U.S. middle class, along with the struggles of retailers like J.C. Penney and Sears.
Fitch Rates J.C. Penney's Proposed 5-Year Notes 'CCC/RR4'
Business Wire - Tue Sep 09, 10:12AM CDT
Fitch Ratings has assigned a rating of 'CCC/RR4' to J.C. Penney's Corporation Inc.'s (J.C. Penney) proposed issue of five-year $350 million senior unsecured notes. The Rating Outlook is Positive.
J. C. Penney Commences Tender Offers for 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017
Thomson Reuters ONE - Tue Sep 09, 6:51AM CDT
PLANO, Texas (September 9, 2014) -- J. C. Penney Company, Inc. (NYSE: JCP) (the "Company" , as co-obligor on the Securities (as defined below), and J. C. Penney Corporation, Inc., a wholly owned subsidiary of the Company, as issuer of the Securities ("JCP", and together with the Company, "J. C. Penney" , announced today the commencement of cash tender offers (collectively, the "Tender Offers" and, each individually, with respect to a series of Securities, the "Tender Offer" with respect to such series) by J. C. Penney to purchase up to $300 million aggregate principal amount (the "Maximum Tender Amount" of the three outstanding series of securities issued by JCP, and for which the Company is co-obligor, described in the table below (collectively, the "Securities" , except that with respect to the 7.95% Debentures due 2017 (the "2017 Debentures" , J. C. Penney is only offering to purchase up to $100 million principal amount (the "2017 Tender Cap" :
J. C. Penney Announces Proposed Offering of Senior Unsecured Notes
Thomson Reuters ONE - Tue Sep 09, 6:50AM CDT
PLANO, Texas - (September 9, 2014) - J. C. Penney Company, Inc. (the "Company" (NYSE: JCP) announced today that its wholly owned subsidiary, J . C. Penney Corporation, Inc. (together with the Company, "J. C. Penney" , has commenced an underwritten public offering of $350 million aggregate principal amount of senior unsecured notes, for which the Company would be a co-obligor (the "Notes" , subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes to pay the tender consideration and related transaction fees and expenses for J. C. Penney's contemporaneous tender offers to purchase for cash up to $300 million aggregate principal amount of its outstanding 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017 (collectively, the "Tender Securities" . J. C. Penney intends to use any remaining net proceeds for general corporate purposes, which may include further purchasing or otherwise retiring a portion of its existing indebtedness.
Hershey Logo Reboot a Chocolate Mess
Rich Duprey, The Motley Fool - Motley Fool - Mon Sep 08, 12:45PM CDT
Watch where you walk when eating a candy bar. Image: Hershey. As corporate rebrandings go, you can say Hershey has stepped in it. The confectionery company best known for its eponymous chocolate bar is updating its corporate logo in a bid to...
JC Penney (JCP) Approaches New Downside Target of $10.83
Comtex SmarTrend(R) - Mon Sep 08, 9:29AM CDT
JC Penney (NYSE:JCP) has opened bearishly below the pivot of $11.04 today and has reached the first level of support at $10.96. Analysts will be watching for a cross of the next downside pivot targets of $10.83 and $10.62.
Cramer: Apparel Stocks Are Hot
at The Street - Mon Sep 08, 8:33AM CDT
Here's why you shouldn't pass up apparel stocks.
3 Reasons J.C. Penney Inc.'s Stock Could Rise
Rich Duprey, The Motley Fool - Motley Fool - Sun Sep 07, 2:32PM CDT
It was a long, weary road to the bottom for J.C. Penney investors, who've withstood the loss of three quarters of their stock's value over the last two years. It has managed to bounce off the depths of those lows with three straight quarters of...
Apple's Retail Legend Warns Best Buy’s Future Looks Bleak
Sam Mattera, The Motley Fool - Motley Fool - Sun Sep 07, 2:30PM CDT
Ron Johnson has a warning for Best Buy 's management: Your current course could be a recipe for disaster. In a recent appearance on Andreessen Horowitz's podcast , the retail legend criticized Best Buy's strategy: Although the electronics...
The Daily Dose: Three Happenings in Retail
at The Street - Fri Sep 05, 3:01PM CDT
A holiday weekend is always a time to imagine.
Don't Underestimate the Consumer
at The Street - Fri Sep 05, 11:36AM CDT
Manny Chirico said it all last night on "Mad Money."
The Action Is Flawed
at The Street - Fri Sep 05, 10:48AM CDT
Normally a surprise announcement of a European version of quantitative easy would set the market on fire, but this time the excitement fizzled quickly.
Shares of JCP Up 13.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Sep 05, 9:20AM CDT
SmarTrend identified an Uptrend for JC Penney (NYSE:JCP) on May 16th, 2014 at $9.67. In approximately 4 months, JC Penney has returned 13.39% as of today's recent price of $10.96.
Market Maker Surveillance Report. KO, JCP, CX, XLNX, CTSH, NVDA, Highest Net Buy Volume With Lowest Price Friction For Thursday, September 4th 2014
M2 - Fri Sep 05, 3:10AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 4751 companies with "abnormal" market making, 1909 companies with positive Friction Factors and 3133 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Thursday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. The Coca-Cola Co (NYSE:KO), J C Penney Company Inc (NYSE:JCP), Cemex SAB de CV (NYSE:CX), XILINX, INC. (NASDAQ:XLNX), Cognizant Technology Solutions Corp (NASDAQ:CTSH), NVIDIA Corp (NASDAQ:NVDA). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Kohl's, Awesomeness TV Team Up for Junior Fashion Line - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 4:15PM CDT
Kohl's Corporation (KSS) has been focusing on introducing new brands in order to keep the inventory assortment fresh and drive customer traffic to its stores and website.
Why J.C. Penney (JCP) Stock Is Gaining Today
at The Street - Thu Sep 04, 12:24PM CDT
J.C. Penney (JCP) stock is higher as retail stocks climb following PVH's (PVH) second quarter earnings results which beat analysts' expectations.
Jim Cramer's Mad Dash: Back-to-School Shopping Helps Kohl's, PVH and J.C. Penney
at The Street - Thu Sep 04, 10:13AM CDT
TheStreet's Jim Cramer says that retailers are seeing a nice uptick in sales due to back-to-school shopping.
J. C. Penney Announces Pricing of Offering of Senior Unsecured Notes
Thomson Reuters ONE - Wed Sep 10, 3:05PM CDT
PLANO, Texas - (Sept. 10, 2014) - J. C. Penney Company, Inc. (the "Company"
(NYSE: JCP) announced today that its wholly owned subsidiary, J. C. Penney Corporation, Inc. (together with the Company, "J. C. Penney" , has upsized and priced its underwritten public offering of $400 million aggregate principal amount of 8.125% senior unsecured notes due 2019, for which the Company will be a co-obligor (the "Notes" . The size of the offering was increased from the previously announced $350 million. The Notes were priced at 100% of face amount for a yield to maturity of 8.125%. The offering is expected to close on or about September 15, 2014, subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes to pay the tender consideration and related transaction fees and expenses for J. C. Penney's contemporaneous tender offers to purchase for cash up to $300 million aggregate principal amount of its outstanding 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017 (collectively, the "Tender Securities" . J. C. Penney intends to use any remaining net proceeds for general corporate purposes, which may include further purchasing or otherwise retiring a portion of its existing indebtedness. J. C. Penney proposes USD350m senior notes offering
M2 - Wed Sep 10, 5:52AM CDT
US retailer J. C. Penney Company Inc (NYSE: JCP) announced on Tuesday that J . C. Penney Corporation Inc, its wholly owned subsidiary, has commenced an underwritten public offering of USD350m aggregate principal amount of senior unsecured notes, for which the company would be a co-obligor, subject to market and other conditions.
Is J.C. Penney Inc.'s Stock a Buy?
Rich Duprey, The Motley Fool - Motley Fool - Tue Sep 09, 2:45PM CDT
Despite its well-publicized troubles over the past two years, J.C. Penney investors are enjoying the turnaround management is engineering in 2014, a performance that's even outpacing the stock market as a whole, which itself continues to climb to...
Trump and the Decline of the Middle Class Casino
at The Street - Tue Sep 09, 11:48AM CDT
The bankruptcy filing by Trump Entertainment Resorts is the latest example of the decline of the U.S. middle class, along with the struggles of retailers like J.C. Penney and Sears.
Fitch Rates J.C. Penney's Proposed 5-Year Notes 'CCC/RR4'
Business Wire - Tue Sep 09, 10:12AM CDT
Fitch Ratings has assigned a rating of 'CCC/RR4' to J.C. Penney's Corporation Inc.'s (J.C. Penney) proposed issue of five-year $350 million senior unsecured notes. The Rating Outlook is Positive.
J. C. Penney Commences Tender Offers for 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017
Thomson Reuters ONE - Tue Sep 09, 6:51AM CDT
PLANO, Texas (September 9, 2014) -- J. C. Penney Company, Inc. (NYSE: JCP) (the "Company"
, as co-obligor on the Securities (as defined below), and J. C. Penney Corporation, Inc., a wholly owned subsidiary of the Company, as issuer of the Securities ("JCP", and together with the Company, "J. C. Penney" , announced today the commencement of cash tender offers (collectively, the "Tender Offers" and, each individually, with respect to a series of Securities, the "Tender Offer" with respect to such series) by J. C. Penney to purchase up to $300 million aggregate principal amount (the "Maximum Tender Amount" of the three outstanding series of securities issued by JCP, and for which the Company is co-obligor, described in the table below (collectively, the "Securities" , except that with respect to the 7.95% Debentures due 2017 (the "2017 Debentures" , J. C. Penney is only offering to purchase up to $100 million principal amount (the "2017 Tender Cap" : J. C. Penney Announces Proposed Offering of Senior Unsecured Notes
Thomson Reuters ONE - Tue Sep 09, 6:50AM CDT
PLANO, Texas - (September 9, 2014) - J. C. Penney Company, Inc. (the "Company"
(NYSE: JCP) announced today that its wholly owned subsidiary, J . C. Penney Corporation, Inc. (together with the Company, "J. C. Penney" , has commenced an underwritten public offering of $350 million aggregate principal amount of senior unsecured notes, for which the Company would be a co-obligor (the "Notes" , subject to market and other conditions. J. C. Penney intends to use the net proceeds from the offering of the Notes to pay the tender consideration and related transaction fees and expenses for J. C. Penney's contemporaneous tender offers to purchase for cash up to $300 million aggregate principal amount of its outstanding 6.875% Medium-Term Notes due 2015, 7.65% Debentures due 2016 and 7.95% Debentures due 2017 (collectively, the "Tender Securities" . J. C. Penney intends to use any remaining net proceeds for general corporate purposes, which may include further purchasing or otherwise retiring a portion of its existing indebtedness. Hershey Logo Reboot a Chocolate Mess
Rich Duprey, The Motley Fool - Motley Fool - Mon Sep 08, 12:45PM CDT
Watch where you walk when eating a candy bar. Image: Hershey. As corporate rebrandings go, you can say Hershey has stepped in it. The confectionery company best known for its eponymous chocolate bar is updating its corporate logo in a bid to...
JC Penney (JCP) Approaches New Downside Target of $10.83
Comtex SmarTrend(R) - Mon Sep 08, 9:29AM CDT
JC Penney (NYSE:JCP) has opened bearishly below the pivot of $11.04 today and has reached the first level of support at $10.96. Analysts will be watching for a cross of the next downside pivot targets of $10.83 and $10.62.
Cramer: Apparel Stocks Are Hot
at The Street - Mon Sep 08, 8:33AM CDT
Here's why you shouldn't pass up apparel stocks.
3 Reasons J.C. Penney Inc.'s Stock Could Rise
Rich Duprey, The Motley Fool - Motley Fool - Sun Sep 07, 2:32PM CDT
It was a long, weary road to the bottom for J.C. Penney investors, who've withstood the loss of three quarters of their stock's value over the last two years. It has managed to bounce off the depths of those lows with three straight quarters of...
Apple's Retail Legend Warns Best Buy’s Future Looks Bleak
Sam Mattera, The Motley Fool - Motley Fool - Sun Sep 07, 2:30PM CDT
Ron Johnson has a warning for Best Buy 's management: Your current course could be a recipe for disaster. In a recent appearance on Andreessen Horowitz's podcast , the retail legend criticized Best Buy's strategy: Although the electronics...
The Daily Dose: Three Happenings in Retail
at The Street - Fri Sep 05, 3:01PM CDT
A holiday weekend is always a time to imagine.
Don't Underestimate the Consumer
at The Street - Fri Sep 05, 11:36AM CDT
Manny Chirico said it all last night on "Mad Money."
The Action Is Flawed
at The Street - Fri Sep 05, 10:48AM CDT
Normally a surprise announcement of a European version of quantitative easy would set the market on fire, but this time the excitement fizzled quickly.
Shares of JCP Up 13.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Fri Sep 05, 9:20AM CDT
SmarTrend identified an Uptrend for JC Penney (NYSE:JCP) on May 16th, 2014 at $9.67. In approximately 4 months, JC Penney has returned 13.39% as of today's recent price of $10.96.
Market Maker Surveillance Report. KO, JCP, CX, XLNX, CTSH, NVDA, Highest Net Buy Volume With Lowest Price Friction For Thursday, September 4th 2014
M2 - Fri Sep 05, 3:10AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 4751 companies with "abnormal" market making, 1909 companies with positive Friction Factors and 3133 companies with negative Friction Factors. Here is a list of the top companies with the highest net buy volume on Thursday and lowest price Friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. The Coca-Cola Co (NYSE:KO), J C Penney Company Inc (NYSE:JCP), Cemex SAB de CV (NYSE:CX), XILINX, INC. (NASDAQ:XLNX), Cognizant Technology Solutions Corp (NASDAQ:CTSH), NVIDIA Corp (NASDAQ:NVDA). To access Friction Factor, Naked Short Data and SqueezeTrigger Prices on all stocks please visit http://www.buyins.net .
Kohl's, Awesomeness TV Team Up for Junior Fashion Line - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 4:15PM CDT
Kohl's Corporation (KSS) has been focusing on introducing new brands in order to keep the inventory assortment fresh and drive customer traffic to its stores and website.
Why J.C. Penney (JCP) Stock Is Gaining Today
at The Street - Thu Sep 04, 12:24PM CDT
J.C. Penney (JCP) stock is higher as retail stocks climb following PVH's (PVH) second quarter earnings results which beat analysts' expectations.
Jim Cramer's Mad Dash: Back-to-School Shopping Helps Kohl's, PVH and J.C. Penney
at The Street - Thu Sep 04, 10:13AM CDT
TheStreet's Jim Cramer says that retailers are seeing a nice uptick in sales due to back-to-school shopping.
