J.C. Penney Company Inc (JCP) 10.90 $JCP
With Coffers Running Dry, Is Sears Holding Corp. Doomed?
Rich Duprey, The Motley Fool - Motley Fool - Tue Sep 16, 6:00PM CDT
Sears Holdings is burning through cash. Losses in the second quarter widened to $573 million from $194 million in the year-ago period. With just over $1 billion in cash and equivalents at the end of the quarter, and chewing through $715 million...
JC Penney (JCP) Crosses Pivot Point Support at $10.95
Comtex SmarTrend(R) - Mon Sep 15, 10:40AM CDT
JC Penney (NYSE:JCP) has opened bearishly below the pivot of $11.12 today and has reached the first level of support at $10.95. Analysts will be watching for a cross of the next downside pivot targets of $10.83 and $10.54.
Kohl's Gears Up for Holiday Season; Launches Toy Brands - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 15, 8:00AM CDT
Kohl's Corporation (KSS) has announced that it has stocked its stores with new and classic toys from national brands to attract customers during the holiday season.
FRANK & BIANCO LLP Files Lawsuit Against J. C. Penney Company, Inc.
PR Newswire - Fri Sep 12, 4:07PM CDT
FRANK & BIANCO LLP announces that it has filed a class action complaint in the United States District Court for the Eastern District of Texas captioned Johnson v. J. C. Penney Company, Inc. et al., 14 Civ. 722. The lawsuit is filed on behalf of purchasers of the publicly traded securities, other than the common stock, of J. C. Penney Company, Inc. ("JCPenney" or the "Company"
between August 20, 2013, and September 26, 2013, inclusive (the "Class Period".
15.7% Return Seen to Date on SmarTrend JC Penney Call (JCP)
Comtex SmarTrend(R) - Fri Sep 12, 10:03AM 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 15.72% as of today's recent price of $11.19.
Look for Shares of JC Penney to Potentially Pullback after Yesterday's 3.44% Rise
Comtex SmarTrend(R) - Thu Sep 11, 3:53PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $10.71 to a high of $11.22. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $11.15 on volume of 19.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of JC Penney After 3.44% Gain
Comtex SmarTrend(R) - Thu Sep 11, 3:52PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $10.71 to a high of $11.22. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $11.15 on volume of 19.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
If Michael Kors Goes Downhill, Will Macy's Follow?
at Investor's Business Daily - Thu Sep 11, 12:18PM CDT
Fickle fashionistas, slowing same-store sales gains and increasingly competitive omnichannel rivals contributed to Sterne Agee's Thursday downgrade of Macy's (M) to neutral from buy. "While we've been huge fans since the early recovery days of '09,...
Why J.C. Penney (JCP) Stock Is Up Today
at The Street - Thu Sep 11, 11:20AM CDT
Shares of J.C. Penney (JCP) rose in afternoon trading Thursday after the company priced a greater-than-expected $400 million unsecured bond on Wednesday.
JC Penney (JCP) Breaks Through Resistance at $10.90
Comtex SmarTrend(R) - Thu Sep 11, 10:35AM CDT
Shares of JC Penney (NYSE:JCP) opened today above their pivot of $10.75 and have already reached the first level of resistance at $10.90. Analysts will be watching for a cross of the next upside pivot targets of $11.02 and $11.29.
Michael Kors vs. Kate Spade: Which Stock Is the Better Buy?
Brian Nichols, The Motley Fool - Motley Fool - Thu Sep 11, 9:18AM CDT
Michael Kors and Kate Spade & Company are two high-end luxury brands that have been thrown in the same investment conversation throughout most of 2014. The reason is because Kate Spade has many similarities to Michael Kors, but the question...
J. C. Penney upsizes offering of senior unsecured notes to USD400m
M2 - Thu Sep 11, 6:46AM CDT
J. C. Penney Company Inc (NYSE: JCP), an apparel and home furnishing retailer, announced on Wednesday that its wholly owned subsidiary, J. C. Penney Corporation Inc has upsized and priced its underwritten public offering of USD400m aggregate principal amount of 8.125% senior unsecured notes due 2019, for which the company will be a co-obligor.
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...
With Coffers Running Dry, Is Sears Holding Corp. Doomed?
Rich Duprey, The Motley Fool - Motley Fool - Tue Sep 16, 6:00PM CDT
Sears Holdings is burning through cash. Losses in the second quarter widened to $573 million from $194 million in the year-ago period. With just over $1 billion in cash and equivalents at the end of the quarter, and chewing through $715 million...
JC Penney (JCP) Crosses Pivot Point Support at $10.95
Comtex SmarTrend(R) - Mon Sep 15, 10:40AM CDT
JC Penney (NYSE:JCP) has opened bearishly below the pivot of $11.12 today and has reached the first level of support at $10.95. Analysts will be watching for a cross of the next downside pivot targets of $10.83 and $10.54.
Kohl's Gears Up for Holiday Season; Launches Toy Brands - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 15, 8:00AM CDT
Kohl's Corporation (KSS) has announced that it has stocked its stores with new and classic toys from national brands to attract customers during the holiday season.
FRANK & BIANCO LLP Files Lawsuit Against J. C. Penney Company, Inc.
PR Newswire - Fri Sep 12, 4:07PM CDT
FRANK & BIANCO LLP announces that it has filed a class action complaint in the United States District Court for the Eastern District of Texas captioned Johnson v. J. C. Penney Company, Inc. et al., 14 Civ. 722. The lawsuit is filed on behalf of purchasers of the publicly traded securities, other than the common stock, of J. C. Penney Company, Inc. ("JCPenney" or the "Company"
between August 20, 2013, and September 26, 2013, inclusive (the "Class Period". 15.7% Return Seen to Date on SmarTrend JC Penney Call (JCP)
Comtex SmarTrend(R) - Fri Sep 12, 10:03AM 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 15.72% as of today's recent price of $11.19.
Look for Shares of JC Penney to Potentially Pullback after Yesterday's 3.44% Rise
Comtex SmarTrend(R) - Thu Sep 11, 3:53PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $10.71 to a high of $11.22. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $11.15 on volume of 19.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend Watching for Potential Pullback in Shares of JC Penney After 3.44% Gain
Comtex SmarTrend(R) - Thu Sep 11, 3:52PM CDT
JC Penney (NYSE:JCP) traded in a range yesterday that spanned from a low of $10.71 to a high of $11.22. Yesterday, the shares gained 3.4%, which took the trading range above the 3-day high of $11.15 on volume of 19.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
If Michael Kors Goes Downhill, Will Macy's Follow?
at Investor's Business Daily - Thu Sep 11, 12:18PM CDT
Fickle fashionistas, slowing same-store sales gains and increasingly competitive omnichannel rivals contributed to Sterne Agee's Thursday downgrade of Macy's (M) to neutral from buy. "While we've been huge fans since the early recovery days of '09,...
Why J.C. Penney (JCP) Stock Is Up Today
at The Street - Thu Sep 11, 11:20AM CDT
Shares of J.C. Penney (JCP) rose in afternoon trading Thursday after the company priced a greater-than-expected $400 million unsecured bond on Wednesday.
JC Penney (JCP) Breaks Through Resistance at $10.90
Comtex SmarTrend(R) - Thu Sep 11, 10:35AM CDT
Shares of JC Penney (NYSE:JCP) opened today above their pivot of $10.75 and have already reached the first level of resistance at $10.90. Analysts will be watching for a cross of the next upside pivot targets of $11.02 and $11.29.
Michael Kors vs. Kate Spade: Which Stock Is the Better Buy?
Brian Nichols, The Motley Fool - Motley Fool - Thu Sep 11, 9:18AM CDT
Michael Kors and Kate Spade & Company are two high-end luxury brands that have been thrown in the same investment conversation throughout most of 2014. The reason is because Kate Spade has many similarities to Michael Kors, but the question...
J. C. Penney upsizes offering of senior unsecured notes to USD400m
M2 - Thu Sep 11, 6:46AM CDT
J. C. Penney Company Inc (NYSE: JCP), an apparel and home furnishing retailer, announced on Wednesday that its wholly owned subsidiary, J. C. Penney Corporation Inc has upsized and priced its underwritten public offering of USD400m aggregate principal amount of 8.125% senior unsecured notes due 2019, for which the company will be a co-obligor.
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...
