'Building Permits? No Thanks!' - Former JCPenney (JCP) Executives
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J.C. Penney (JCP) EVP of Construction Departs
April 23, 2013 6:04 PM EDTJ.C. Penney's (NYSE: JCP) EVP of construction Ben Fay has left the company, according to reports late on Tuesday. J.C. Penney was planning to spend millions to revamp its stores, in-line with former CEO Ron Johnson vision, so the departed is... More
JCPenney (JCP) in Talks for $1B Asset-Backed Loan
April 19, 2013 8:58 AM EDTJCPenney (NYSE: JCP) is ticking higher Friday morning following reports that the beleaguered retailer may put up real estate as collateral as it works to secure financing.
Reports have JCPenney in discussions with Goldman Sachs and JPMorgan for an asset-backed... More
JCPenney (JCP) Looks to Enter New $500M Secured Loan
April 18, 2013 2:02 PM EDTJCPenney (NYSE: JCP) popped higher Thursday afternoon following headlines that it might be in discussions for more financing.
Dow Jones reported that a Wells Fargo-led group might offer JCPenney a $500 million credit line. Others in the group include private equity... More
