S&P cuts rating on JC Penney term loan
Standard & Poor's Ratings Services is lowering the rating it gave J.C. Penney's term loan further into junk status because the struggling department store operator boosted the loan's size. Full story
Ahead of the Bell: J.C. Penney's spring fall
Shares of J.C. Penney fell in premarket trading Friday, the morning after it reported an even wider loss than analysts' already-dismal estimates. Full story
J.C. Penney margins plunge, CEO says changes coming
(Reuters) - Retailer J.C. Penney Co Inc's <JCP.N> operating margins plunged in the first quarter on weak sales and heavy clearance deals, as its new chief executive promised more promotions and a return to basics to win back shoppers. Full story
J.C. Penney first-quarter sales plunge
(Reuters) - Retailer J.C. Penney Co Inc <JCP.N> on Thursday posted a sharp drop in first-quarter sales, in line with its recent warning. Full story
J.C. Penney stores, real estate worth $4.06 billion: appraisal
(Reuters) - J.C. Penney Co Inc's <JCP.N> stores, distribution centers and headquarters are worth a total of $4.06 billion, according to an appraisal conducted for the department store chain and disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators Full story
S&P issues junk rating for J.C. Penney loan
Standard & Poor's Ratings Services said Friday that it assigned a "B" junk-grade status rating to J.C. Penney's new $1.75 billion term loan. Full story
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JC Penney CEO Johnson's 2012 Compensation
J.C. Penney's CEO Ron Johnson received a total of $1.9 million in 2012, reports CNBC's Courtney Reagan.
Turning Around J.C. Penney
J.C. Penney experienced a tough year, but Oppenheimer says the retailer's aggressive promotions are helping holiday season sales. Brian Nagel, Oppenheimer & Co., weighs in.
Worst CEO of 2012?
CNBC's Herb Greenberg explains why J.C. Penney's CEO Ron Johnson makes his "Worst CEO of 2012" list.
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Related Photos
The sign outside the J.C. Penney store is seen in Westminster
The sign outside the J.C. Penney store is seen in Westminster, Colorado February 20, 2009. REUTERS/Rick Wilking
A couple walks by a J.C. Penney store in Arcadia
A couple walks by a J.C. Penney store in Arcadia, California March 1, 2013. REUTERS/Mario Anzuoni
A man with a Macy's bag walks past the J.C. Penney's store in New York
A man with a Macy's bag walks past the J.C. Penney's store in New York, April 11, 2013. REUTERS/Brendan McDermid
Shoppers walk past the J.C. Penney's store in New York
Shoppers walk past the J.C. Penney's store in New York in this file photo taken April 11, 2013. U.S. retail sales contracted in March for the second time in three months and consumer confidence tumbled in April, a sign that tax hikes early this year have stolen momentum from the American economy.
