J.C. Penney long term ratings downgraded by Moody's Moody's downgraded J.C. Penney's long term ratings, including its Corporate Family Rating and Probability of Default Rating to B3. The rating outlook is negative. Moody's said it expects J.C. Penney's Q4 gross margins will severely decline given the company's need to clear excess inventory.
News For JCP From The Last 14 Days
Check below for free stories on JCP the last two weeks.