$JCP News: Noticeable Stock: J C Penney Company Inc (NYSE:JCP)


Noticeable Stock: J C Penney Company Inc (NYSE:JCP)


“We were pleased with the strong demand by investors, which allowed us to both lower our interest rate and extend the maturity of our term loan,” said Marvin Ellison, chief executive officer of JCPenney. “We proactively pursued a refinancing due to …

$JCP News: Good news for J.C. Penney

www.chainsto…
“With numerous initiatives soon to kick-in (Sephora roll-out, center-core appliances, plus size, flooring/furniture pilots, etc.), JCPenney seems set up for a positive 2Q.”

$JCP News: Can Jeff Gennette Rescue an Embattled Macy’s?

multichannel…
Nor are the private label brands that they carry something customers of all ages are going to write home about. But look at JCPenney and what it’s doing with its private label brands. Arizona, for example, is as much a lifestyle brand as it is a clothing …

$JCP News: JCPENNEY ANNOUNCES SUCCESSFUL CLOSING OF REAL ESTATE TERM LOAN REFINANCE

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Transaction Expected to Lower Annual Interest Expense by $24 Million PLANO, Texas – (June 23, 2016) – J. C. Penney Company, Inc. (NYSE:JCP) (the "Company") today announced that its wholly-owned subsidiary, J. C. Penney Corporation, Inc. ("JCP"), has …

$JCP News: JCPenney completes refinancing, prompting Buy affirmation at B. Riley

seekingalpha…
B. Riley reiterates its Buy rating and $15 price target on JCPenney (JCP-3.1%) after the company’s refinancing of its $2.25B five-year senior secured term loans, which should save $24M in interest expense. Riley says the refinance was completed on schedule …

$JCP News: JCPenney Refinancing Is Good News: B. Riley

blogs.barron…
On Thursday, JCPenney (JCP) announced it completed refinancing its $2.25 billion five-year senior secured term loans, and that’s good news, says B. Riley & Co.
Analyst Jeff Van Sinderen reiterated a Buy rating and $15 price target on the stock today, writing that the company should save some $24 million in interest expense.

$JCP News: Market Reacts To Macy’s CEO Terry Lundgren Stepping Down

Market Reacts To Macy’s CEO Terry Lundgren Stepping Down
“We’ve seen department stores like Macy’s, JCPenney and Sears implement new strategies to get people offline and into stores…but as stocks continue to tumble, it’s obvious these new strategies aren’t working.” Macy’s is looking still to …