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J.C. Penney avoids bankruptcy for now by making key interest payment

J.C. Penney said Friday that it made a crucial interest payment as the department store teeters on the edge of a poten.....»»

Category: topSource: usatodayMay 15th, 2020

JC Penney Trades Higher After Making $17M Interest Payment

JC Penney Co (NYSE: JCP) shares were trading higher Friday after the company made a $17-million interest payment due May 7 on Thursday, the last day of its five-day grace period.  read more.....»»

Category: blogSource: benzingaMay 15th, 2020

JC Penney staves off bankruptcy

J.C. Penney made a $17 million interest payment, staving off bankruptcy......»»

Category: topSource: foxnewsMay 15th, 2020

J.C. Penney jumps 41% after announcing interest payment, not bankruptcy filing

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 15th, 2020

J.C. Penney skips interest payment amid bankruptcy fears

J.C. Penney Co Inc said on Wednesday it will not make a $12 million interest payment on its long-term corporate bonds, a day after Reuters reported the department store operator was considering filing for bankruptcy protection......»»

Category: topSource: reutersApr 15th, 2020

Houston-based upstream energy co. considers bankruptcy, other options

The company has decided against making an interest payment due Aug. 15......»»

Category: topSource: bizjournalsAug 15th, 2019

Dow under pressure Friday amid worst retail sales report in more than 50 years; J.C. Penney says it made an interest payment

U.S. stock benchmarks opened lower on Friday as investors parsed economic reports .....»»

Category: topSource: marketwatchMay 15th, 2020

J.C. Penney"s stock resumes trading, soars 23% after co. says it made interest payment in time

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 15th, 2020

J.C. Penney made $17M interest payment, evaluating strategic alternatives

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 15th, 2020

Dow under pressure Friday amid worst retail sales report in more than 50 years; J.C. Penney"s says it made an interest payment

U.S. stock benchmarks opened lower on Friday as investors parsed economic reports .....»»

Category: topSource: marketwatchMay 15th, 2020

J.C. Penney makes $17 million interest payment, will continue to weigh its options

J.C. Penney Co. Inc. announced.....»»

Category: topSource: marketwatchMay 15th, 2020

JC Penney Makes $17 Million Interest Payment

J.....»»

Category: blogSource: zerohedgeMay 15th, 2020

J.C. Penney made $17 mln interest payment on May 14 to avoid "event to default"

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMay 15th, 2020

J.C. Penney won"t make $12M interest payment due April 15, weighing alternatives

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 15th, 2020

Third grocer announces interest in Lucky"s Market locations

Following the news that Lucky’s Market had filed for Chapter 11 bankruptcy, competitors Aldi and Publix Super Markets announced they were making moves to acquire former Lucky’s locations – and now a third competitor says it’s interested in enteri.....»»

Category: topSource: bizjournalsJan 29th, 2020

iPic stock drops more than 40% as company considers bankruptcy

The company notified investors that it was unable to make a $10 million interest payment earlier this month......»»

Category: topSource: bizjournalsJul 29th, 2019

Luxury cinema chain iPic Entertainment’s stock tanks on bankruptcy fears

Shares of upscale cinema chain operator iPic Entertainment Inc. tanked on Monday, after the company said it missed an interest payment on a loan and that it may have to file for bankruptcy......»»

Category: topSource: marketwatchJul 29th, 2019

iPic Entertainment shares slide 42% after company misses interest payment, gets downgrade

Shares of iPic Entertainment Inc. slid 42% Monday, after the operator of restaurants and connected theaters said it missed an interest payment owned to a pension fund and may file for chapter 11 bankruptcy. Alliance Global Partners downgraded the st.....»»

Category: topSource: marketwatchJul 29th, 2019

Venezuela congress to weigh 2020 PDVSA bond payment next week

Venezuela's opposition-controlled National Assembly expects to vote on making a $71 million bond interest payment when it meets next week, a lawmaker and a member of state-run oil company PDVSA's ad-hoc board of directors said......»»

Category: topSource: reutersApr 19th, 2019

McKinsey Is Big in Bankruptcy---and Highly Secretive

Consulting firm McKinsey & Co. has drawn criticism for routinely making far fewer disclosures of potential conflicts of interest than other advisers. For more than a decade, its disclosures consisted of broad references to unnamed clients......»»

Category: asiaSource: wsjApr 28th, 2018

PG&E Stock Hits Record Low, Misses Interest Payment As Bankruptcy Nears

PG&E bonds are crashing and its stock just hit a new record low after the company opted not to make an interest payment today on its $800m of 5.4% bonds .....»»

Category: blogSource: zerohedgeJan 15th, 2019