Maxim's Rick Snyder changed his investment rating on JC Penney (NYSE: JCP) from Hold to Buy earlier Monday. The analyst adjusted his price target from $16.50 to $27.The upgrade marks a drastic change in Snyder's JC Penney opinion on JC Penney over th

After J.C. Penney (NYSE: JCP) missed Q1 EPS estimates by more than 50 percent last week, Mike Ullman described the tough situation he faces as CEO in a conference call with investors.

Ullman has sought to allay investor concerns over liquidity by bolstering the balance sheet. JC Penney said it had $821m of cash and cash equivalents

JC Penney continues to plan for future growth despite the 16.6% drop of first-quarter sales.

May 15 (Reuters) - Blackstone Group LP : * Reports 282,500 share stake in J C Penney Co as ofMarch 31 valued at

May 15 (Reuters) - Blackstone Group LP : * Reports 282,500 share stake in J C Penney Co as of March 31 valued at

May 15 (Reuters) - Blackstone Group LP : * Reports 282,500 share stake in J C Penney Co as of March 31 valued at

May 15 (Reuters) - Blackstone Group LP : * Reports 282,500 share stake in J C Penney Co as of March 31 valued at

Bank of America published a report on JC Penney (NYSE: JCP) that upgraded the company from Underperform to Neutraland raised the price objective from $13.00 to $20.00 due to a normalized capex run rate. Analysts Lorrain Hutchinson and Jessica A.

NEW YORK, May 14 (Reuters) - Embattled retailer J.C. Penney has set indicative pricing on its new $1.75 billion term loan B, sources told Thomson Reuters LPC.

NEW YORK, May 14 (Reuters) - Embattled retailer J.C. Penney has set indicative pricing on its new $1.75 billion term loan B, sources told Thomson Reuters LPC.

J.C. Penney Company,Inc. (NYSE: JCP)(the"Company"), as co-obligor onthe Notes (as definedbelow), and J. C.

The S&P 500 dropped 0.4 per cent in early trading after strong gains last week helped the US benchmark set a series of new record closing highs

JC Penney has more than 100 years of retail success. It would be a shame if 17 months of regression wipes out the strides the company has made to be an inclusive, dynamic and trend-setting industry leader.

May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its...

May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its Washington office portfolio.

May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its Washington office portfolio.

When retailers lose their mojo, it's hard to recover. Reinventing a retail model is a parlous prospect. Witness what happened at JC Penney (JCP) when Ron Johnson tried to "transform" the tired peddler of schmattes and socks.

Moody's Investors Service today downgraded thelong term ratings of J.C. Penney Company, Inc. (NYSE: JCP) including itsCorporate Family Rating to Caa1 from B3. The Speculative Grade Liquidityrating of SGL-3 remains unchanged.

Nothing lasts forever, as investors in gold and JC Penney are being reminded.

Plus, Bill Krivicich of Gary Goldberg Financial Services reminds investors to be mindful of changing tax codes every year.

The loan answers questions JC Penney has faced over its liquidity and the risk of nervous suppliers since its sales began to tumble last year

J. C. Penney Company, Inc.

BOSTON (Reuters) - Goldman Sachs has arranged a $1.75 billion financing package for retailer J.C. Penney Co , backed by the department store chain's real estate and other assets, CNBC reported on Friday.

BOSTON, April 26 (Reuters) - Goldman Sachs has arranged a $1.75 billion financing package for retailer J.C. Penney Co , backed by the department store chain's real estate and other assets, CNBC reported on Friday.

Plus, can JC Penney continue to ride the optimism that's come since George Soros announced he had a large stake in the company?

Plus, George Soros revealed that he owns a stake in JC Penney.

In First Read, we wonder why Yahoo's chairman was booted, Amazon's Q1 results and George Soros gets a stake in JC Penney. The post peHUB First Read appeared first on peHUB.

Mr Soros joins the retailer’s share register alongside Bill Ackman, the hedge fund manager whose decision to install Apple veteran Ron Johnson as chief executive failed

How does a leader initially hailed as the second-coming of Steve Jobs, ready to reinvent a 111-year-old staid retailer, crash and burn in such dramatic fashion? If JC Penney's board members had studied Amazon more closely, they might have discov

Michael Kramer, chief operating officer, and Daniel Walker, head of personnel, were no longer with the group, it said in regulatory filings

Johnson's' failure at JC Penney should remind people that just because you've been successful in one area, it does not always guarantee success somewhere else.

Plus, JC Penney may use its real estate to raise cash.

The sad truth is that JC Penney CEO Ron Johnson's controversial turn-around plan may have been doomed as much by his weakness as a communicator as it was by poor operational execution.

NEW YORK, April 15 (Reuters) - Macy's Inc filed an appeal on Monday challenging a judge's ruling that JC Penney Co Inc can sell unbranded Martha Stewart goods in its stores for now.

Shortly after announcing that it hired advisors to raise $1 billion to bolster its shrinking cash reserves, JC Penney announced that it drew $875 million from its $1.85 billion credit line.  Brian Sozzi, CEO and Chief Equities Strategist at

The retailer has faced growing questions over its liquidity since its sales began to tumble last year under Ron Johnson

Good morning, AdLand. Here's what you need to know today: Just one week after Ron Johnson was ousted at JC Penney, the retailer is bringing back one marketing strategy that the ex-CEO hated but customers loved: Welcome back, coupons. Myron Ulman

Just when it seemed that things couldn’t get much worse for ailing retail giant JC Penney, the stock got slammed again yesterday on the news that CEO Ron Johnson was being replaced.

The man behind the Apple Store has paid with his job for thinking he could quickly transform the old US retailer JC Penney, writes Barney Jopson

The JC Penney board is out of touch with the company and its customer base. They don't understand the basic nature of the problem the company confronts. Will the board use this most recent crisis to reevaluate its understanding of the situation,