New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 10, 2014
07:43 EDTJCPJ.C. Penney could need to raise $950M in 2015, says BMO Capital
BMO Capital estimates that J.C. Penney may need to raise $950M in capital in 2015 to maintain trough liquidity of $938M in 3Q15. The firm thinks the company's liquidity could drop significantly by the end of this year versus 2013, and it predicts that the retailer will remain cash flow negative until 2018. The firm keeps an Underperform rating on the stock.
News For JCP From The Last 14 Days
Check below for free stories on JCP the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 18, 2014
10:40 EDTJCPJ.C. Penney call active on renewed takeover chatter
Subscribe for More Information
10:28 EDTJCPRumor: J.C. Penney moves up on renewed takeover chatter
July 13, 2014
15:18 EDTJCPJ.C. Penney CEO successor search faces setback, WSJ says
It appears that J.C. Penney (JCP) is not having an easy time of identifying a successor for current CEO Myron Ullman, says the Wall Street Journal. According to the WSJ report, Mindy Grossman, CEO of HSN (HSNI), who is considered the lead candidate for Ullman's position, had been in talks with J.C. Penney but could not agree on terms and negotiations broke down moths ago. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use