J.C. Penney didn’t transfer any properties between 2013 and 2016 and all of the properties the company was required to mortgage were mortgaged by the proper grantor, she added. The surging CDS.
GameStop Eliminates Its Dividend to Avoid Becoming the Next J.C. Penney – GameStop’s recent financial moves stand in stark contrast to what J.C. Penney did near the beginning of the decade. Between fiscal 2010 and fiscal 2012, the struggling retailer paid out more than $450.
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J.C. Penney (NYSE:JCP) may not need to exist. That’s a sad fact that consumers have at least implied by their lack of interest in the chain. Even as chief rival Sears has closed hundreds of stores and.
On Tuesday morning, J.C. Penney (NYSE:JCP) and Kohl’s (NYSE:KSS) became the latest department stores to report dismal first-quarter results. Comparable-store sales fell 3.4% at Kohl’s and plummeted.
J.C. Penney (NYSE:JCP) was one of the few chains that didn’t achieve sales and earnings growth last year. Unfortunately, fiscal 2019 has started on a bad note for these two midprice department store.
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Mortgage Brokers Win Bid to Block Federal Reserve Loan Fees Rule – Two trade groups representing mortgage brokers won an appeals court ruling temporarily blocking a Federal Reserve rule that limits commissions for loan officers in mortgage transactions from taking.
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J.C. Penney’s Turnaround Efforts Remain Stuck in the Mud – J.C. Penney (NYSE:JCP) recently posted its third straight quarter of negative comparable-store sales, dousing hopes that CEO Jill Soltau, who took the top job last October, would halt the retailer’s.
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