JC Penney

J.C. Penney Company, Inc. (JCP) No More Part of S&P 500 Index

J.C. Penney Company, Inc. (NYSE:JCP) has been removed from the S&P 500 Index due to retailer’s declining market value. The Plano-based retailer has seen around 37% drop in its market value this year to...

JC Penney (JCP) Plummets 15%; Analyst Warns Liquidity Problem

JC Penney Company (NYSE:JCP) suffered a steep decline after an analyst at Goldman Sachs Equity Research warned that the embattled century old department store chain is on the brink of facing liquidity problems, and...

Glenview Capital Boosts Stake In JC Penney, Becomes 2nd Largest Shareholder

Glenview Capital Management, the hedge fund headed by Larry Robbins increased its stockholding in JC Penney Company (NYSE:JCP) based on its latest 13G filing with the Securities and Exchange Commission (SEC). The hedge fund...

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