JC Penney News

Size of Term Loan Increased from Initial $1.75 Billion Commitment PLANO, Texas - J. C. Penney Company, Inc.

J.C. Penney Co. said Wednesday it has secured a $2.25 billion loan, $500 million more than it had expected, as it tries to stop a collapse in its sales.

Today J.C. Penney Corporation finalized a five-year, $2.25 billion loan that will be used to as working capital for the struggling Plano-based retailer.

J.C. Penney is destined to fail unless the company saw significant increases in its sales.

The Rana Plaza factory collapse in Bangladesh has spurred American retailer J. C. Penney Company to action.

J. C. Penney and Stage Stores net loss widened. Nordstrom net fell 3% and Sina Corp net loss narrowed.

In my, I noted that "Big Money" managers were wildly bullish on U.S. stocks-74% were bullish and only 7% were bearish.

By Nelson Clyde isitjustme@tylerpaper.com The next meeting of B.U.N.S. book club is scheduled 3 p.m. June 23 at Barnes & Noble.

Editor's Note: J.C. Penney Company, Inc. , Wal-Mart Stores, Inc. , Kohl's Corporation , Sears Holdings Corporation , Target Corporation For JC Penney, the Right Direction May Be a Reverse J.C. Penney Company, Inc.

Penney's board unchanged despite losses

So much for accountability in corporate governance. According to the DMN 's Maria Halkas, every member of the J.C. Penney board that presided over the company's spectacular recent meltdown has been re-elected to his or her cushy post.

U.S. stocks advanced Friday, putting the Standard & Poor's 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.

It's your morning cough up Friday may I issued you don't want to. Felt today JC Penney CEO Mike -- heat heading to the company's headquarters in Texas.

Stocks to Watch from The Survey - Earnings season has gotten a second wind, as April-quarter reports, many of which are from retailers with fiscal years that end in January, are now rolling in.

Struggling retailer J.C. Penney released its fiscal first-quarter earnings results after the closing bell on Thursday.

Omaha Westside captured its sixth state baseball championship with an 8-0 win over Millard South in the Class A final Thursday at Werner Park.

NEW YORK – The legacy of J.C. Penney's former CEO continues to cast a dark cloud over the department store chain.

Retailer J.C. Penney Co. Inc.'s operating margins plunged in the first quarter on weak sales and heavy clearance deals.

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Macy's Inc.'s first-quarter profit jumped 20%, coming in above Street views, as the department store operator logged stronger revenue, though margins were flat as input costs climbed.