These are tough times for JCPenney. A day after falling below $1 for the first time since it started trading in 1929, JCPenney stock fell 8% on Thursday to close at 97 cents a share. These are tough ...
JCPenney is in danger of its stock getting booted off the New York Stock Exchange because its share price is too low. The company said NYSE notified it that the company has six months to get its share ...
PLANO (CBSDFW.COM/AP) — J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves. The ...
J.C. Penney is in the midst of one of the most remarkable turnarounds in retail history. Just three years ago, the company looked like it was following Sears Holdings down the road to ruin. Sales were ...