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US: JC Penney to sell 84m shares to raise extra cash

2013-09-27 13:37:33| Daily apparel & textile news and comment - from just-style.com

Shares in JC Penney Company fell 8.8% after-hours trading yesterday (26 September) after the US department store retailer said it would sell 84m shares of its common stock in a secondary offering.

Tags: sell extra cash raise

Will J.C. Penney Be Gone After the Holiday Season?

2013-09-25 21:00:00| National Real Estate Investor

The retailer's shares keep falling as it expects lackluster holiday sales and looks for additional sources of financing. TrafficCourt read more

Tags: the holiday season penney

Vornado to Exit J.C. Penney Investment

2013-09-16 16:19:00| National Real Estate Investor

The REIT currently owns 6.1 percent of the retailer's stock. TrafficCourt read more

Tags: investment exit penney vornado

JC Penney Board Member Steven Roth Resigns

2013-09-14 03:57:19| Real Estate - Topix.net

Steven Roth, the chairman and CEO of Vornado Realty Trust, has resigned from J.C. Penney's board, days after the real estate company told investors it planned to sell all of its stake in the struggling department store chain, according to regulatory documents filed Friday.

Tags: member board steven roth