JC Penney Newswire

JC Penney Newswire

Comprehensive Real-Time News Feed for JC Penney.

Results 1 - 20 of 699 in JC Penney

  1. J.C. Penney gives up exclusive Oscars ads, SNL's Vanessa Bayer helps Kohl's move inRead the original story w/Photo

    Monday Feb 8 | Dallas Morning News

    The 88th Oscars will be held on Feb. 28 at the Dolby Theatre in downtown Hollywood. MARK RALSTON/AFP/Getty Images.) J.C. Penney gave up its red carpet sponsorship of ABC's Academy Awards show and competitor Kohl's has picked up Hollywood's biggest night.

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  2. JC Penney explores HQ sale to lower debtRead the original story w/Photo

    Monday Feb 8 | Just-Style

    JC Penney has revealed it is exploring the sale and partial leaseback of its headquarters in Plano, Texas, to reduce the US department store retailer's debt and lower its expenses. The company said favourable market conditions and excess available space within the three-story office building make the move an "attractive real estate opportunity".

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  3. J.C. Penney may sell its Texas HQRead the original story w/Photo

    Friday Feb 5 | Denver Post

    J.C. Penney Co. said Friday that it is exploring a sale of its Plano, Texas, headquarters as part of the retailer's push to reduce its debt.

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  4. Piper Jaffray Reaffirms "Top Pick" Rating for J C Penney Company IncRead the original story w/Photo

    Friday Feb 5 | Daily Political

    Piper Jaffray currently has a $18.00 price objective on the department store operator's stock. Several large investors have bought and sold shares of the company.

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  5. J C Penney Company Inc (JCP) Position Boosted by Congress Asset Management Co. MaRead the original story w/Photo

    Friday Feb 5 | AmericanBankingNews.com

    Congress Asset Management Co. MA boosted its stake in shares of J C Penney Company Inc by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission .

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  6. J C Penney Company Inc (JCP) Shares Bought by First Dallas Securities Inc.Read the original story w/Photo

    Friday Feb 5 | AmericanBankingNews.com

    First Dallas Securities Inc. increased its stake in J C Penney Company Inc by 220.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The institutional investor owned 82,380 shares of the department store operator's stock after buying an additional 56,680 shares during the period.

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  7. J.C. Penney seeking buyers for Texas headquartersRead the original story

    Friday Feb 5 | SNL Financial

    Retailer J.C. Penney Co. Inc. is seeking buyers for its 1.8 million-square-foot headquarters property in Plano, Texas, Reuters reported Feb. 5. The department store operator is looking to cash in on the value of its real estate and reduce expenses by offloading the asset and renting it back via a sale and leaseback deal, according to the report.

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  8. J.C. Penney considering sale of headquartersRead the original story w/Photo

    Friday Feb 5 | Chain Store Age

    J.C. Penney is pursuing a possible sale and partial leaseback of its headquarters building in Plano, Texas, as part of an ongoing effort to reduce debt and manage expenses. The company announced Friday that a combination of favorable market conditions and a surplus of available square footage within the building make this an attractive real estate opportunity.

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  9. Research Analysts' Recent Ratings Changes for J C Penney CompanyRead the original story w/Photo

    Friday Feb 5 | AmericanBankingNews.com

    They now have a $18.00 price target on the stock. 2/1/2016 - J C Penney Company was downgraded by analysts at Vetr from a "strong-buy" rating to a "buy" rating.

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  10. J.C Penney May Sell Off Its Giant Headquarters -- What It Means for InvestorsRead the original story w/Photo

    Friday Feb 5 | TheStreet.com

    The department store retailer, which is fresh off a better-than-expected holiday season, said the proceeds from an eventual sale would be used to reduce outstanding debt and lower expenses. "With the tremendous growth and development currently taking place within Plano and North Texas, there's no better time to take advantage of this lucrative market by pursuing a sale of our home office real estate," said J.C. Penney CEO Marvin R. Ellison in a statement .

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  11. J.C. Penney considering the sale of its Plano headquartersRead the original story w/Photo

    Friday Feb 5 | Dallas Morning News

    J.C. Penney is pursuing a possible sale and partial leaseback of its headquarters building in Plano as part of an ongoing effort to reduce debt and manage expenses. CBRE Capital Markets is representing Penney.

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  12. J.C. Penney looking to sell headquarters in TexasRead the original story w/Photo

    Friday Feb 5 | Channelnewsasia.com

    REUTERS: Department store operator J.C. Penney Co Inc said it is pursuing a potential sale and partial leaseback of its headquarters in Plano, Texas.

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  13. UPDATE 1-J.C. Penney looking at sale-leaseback deal for Texas HQRead the original story w/Photo

    Aug 14, 2013 | Reuters

    J.C. Penney employs more than 3,000 workers at its Plano, Texas headquarters, which it has occupied since 1992. The retail chain's decision comes at a time when several U.S. department store operators are looking to create value from their vast real-estate holdings as their core business of selling clothes and home goods come under pressure.

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  14. J C Penney Company Inc (JCP) Position Raised by Evercore Trust Company N.a.Read the original story w/Photo

    Friday Feb 5 | AmericanBankingNews.com

    Evercore Trust Company N.A. raised its position in shares of J C Penney Company Inc by 3.2% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 14,224,413 shares of the department store operator's stock after buying an additional 440,570 shares during the period.

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  15. J C Penney Company Inc (JCP) Sees Significant Decrease in Short InterestRead the original story w/Photo

    Thursday Feb 4 | Daily Political

    J C Penney Company Inc saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 99,942,997 shares, a drop of 4.0% from the December 31st total of 104,135,294 shares, Marketbeat reports.

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  16. Dow Jones Industrial Average Adds 79 Points as Material Stocks SurgeRead the original story w/Photo

    Thursday Feb 4 | Money Morning

    ... reported weaker than expected sales in January. Shares of Macy's Inc. (NYSE: M ), Target Corp. (NYSE: TGT ), and JC Penney Company Inc. (NYSE: JCP ) all slipped more than 2% on the day. Shares of Kohl's Corp. (NYSE: KSS ) cratered 18.8% after it ...

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  17. Weak sales at Kohl's, Ralph Lauren spark selloff in retailersRead the original story w/Photo

    Thursday Feb 4 | Channelnewsasia.com

    Ralph Lauren Corp and Kohl's Corp warned of a tough year ahead after reporting disappointing holiday-quarter sales on Thursday, leading investors to dump their stocks and dragging down shares of several other retailers. A Kohl's Department store is shown in Encinitas, California October 28, 2014.

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  18. Lululemon, Anthropologie And Hollister Lead The Mall In Seasonal ConversionRead the original story w/Photo

    Wednesday Feb 3 | Seeking Alpha

    It's the end of January and the conversion rate for this Connecticut mall is between 25% and 100%. Lululemon led the pack by converting 100% by the beginning of the second week of Januarya and by removing all Fall/Winter clearance product from the selling floor.

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  19. Retailers Unite to Form Bangladesh Worker Safety InitiativeRead the original story

    Jul 11, 2013 | Third Party Logistics

    An alliance of 17 North American retailers has been formed to improve factory safety conditions for workers in Bangladesh. The new initiative aimed at increasing factory and worker safety calls for 100 percent inspections of all member factories within the first year, common safety standards to be developed within the next three months; inspections results that are transparently shared; and that all alliance factories actively support the democratic election and successful operation of Worker Participation Committees at each factory.

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  20. Ross Stores - The Quiet StormRead the original story w/Photo

    Tuesday Feb 2 | Seeking Alpha

    ... the S&P 500 but that of its closest competitor and other well known retailers including Macy's (NYSE: M ) and JC Penney (NYSE: JCP ): With that said, considering historical performance is never a guarantee of future prospects the questions become: ...

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