Old Copper Company

Old COPPER Co., Inc. engages in the operation of retail stores of apparel, home, jewelry, and beauty merchandise. The company was founded by James Cash Penney in 1902 and is headquartered in Plano, TX.

Brookfield Property Partners

Simon Property Group

The struggling retailer is one step closer to selling its retail business to the two biggest U.S. mall owners.

J.C. Penney Rescue Deal Takes Another Step Forward

JCPenney is on track to sell to Simon and Brookfield and plans to exit bankruptcy in December 2020.

JCPenney Reorganization Plan Wipes Out Shareholders

That assumes that the judge approves the retailer's sale.

J.C. Penney Looks to Exit Bankruptcy Before the Holidays

Brookfield Asset Management

JCPenney is getting rescued from bankruptcy in a plan that stands to worsen its workers' nest eggs. The century-old department store's soon-to-be new owners said they don't plan to take control of the retailer's pension promises to some 52,000 current and future retirees, according to court documents.

JCPenney's new owners reject a $3.2 billion pension plan

JC Penney believes it will emerge from bankruptcy protection before Christmas under a new ownership agreement that would save tens of thousands of jobs. The beleaguered, century-old retailer said Wednesday that it has filed a draft asset purchase agreement with the two biggest mall owners in the US.

JC Penney sees bankruptcy protection exit by Christmas

The bankruptcy process has added uncertainty as the legacy retailer prepares for the holidays and tries to send a clear message about its future to vendors.

JCPenney CEO says company expects to exit Chapter 11 ahead of holiday season

PLANO, Texas--(BUSINESS WIRE)--JCPenney today announced that it has filed a draft asset purchase agreement to sell the Company.

JCPenney Files Draft Asset Purchase Agreement

As the clock continues to tick the fate of this iconic — but very vulnerable — retailer continues to be unknown

The JCPenney Sale Remains A Mystery

Talks between J.C. Penney Co's lenders and the would-be buyers, Simon Property Group Inc and Brookfield Property Partners LP , broke down in recent days, Bloomberg News reported on Thursday, citing people with knowledge of the negotiations.

J.C. Penney sale talks stall: Bloomberg News

JC Penney Co. Inc. announced the launch of its Cyber Days on Monday shopping event to kick off the holiday season. Extending through Oct. 14, the event will overlap with Amazon.com Inc.'s delayed Prime Day event, which is expected to drum up nearly $10 billion in sales.

JC Penney launches Cyber Days, overlapping with Amazon Prime Day

PLANO, Texas--(BUSINESS WIRE)--J.C. Penney Company, Inc. (OTCMKTS: JCPNQ) continues its 118-year tradition of serving customers as an inspiring and convenient one-stop destination for gifts this holiday season. JCPenney is kicking off holiday shopping in mid-October with new brands and amazing deals to get customers in the spirit of saving, offering incredible Black Friday pricing throughout November, and capping off with can’t-miss value on all holiday gifts through December. In a year like no

JCPenney Begins Holiday Deals in October with Exciting New Brands for A Safe Season Full of Merry

The list of bankruptcies this year continues to grow. Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday.

Bankruptcy Update: Ruby Tuesday Files Chapter 11 While Progress Slows For JCPenney

At a court hearing judge David Jones set some definite dates tp conclude chapter 11 proceedings. Company could come out of bankruptcy in December.

JCPenney Bankruptcy Heads For Sale At Last

As the troubled retailer’s potential emergence from bankruptcy court gets ever more complicated and convoluted, one can wonder if it will ever happen

Bankruptcy Bingo For JCPenney: Follow The Money

Minority lenders want a bigger piece of the pie.

J.C. Penney Bankruptcy Sale Not a Done Deal as Some Lenders Balk

Carvana

Navistar

Ovintiv

Synchronoss

Mega-cap tech stocks like Apple and Microsoft have seen noticeable declines over the month of September, and this week was no different. For investors looking to make sense of these interesting times, our deep learning algorithms have crunched the data to give you a set of Top shorts.

Top Stocks To Short Today As Tech Attempts A Rebound

Company filed for an extension for its reorganization. Earnin gs were below expectations, sales of fashion and home very low.

The JCPenney Enigma – Will It Stay Alive?

AMC Entertainment

Norwegian Cruise Line

You don't need to go to a greyhound race to know that a dog has to win. Let's look at three out-of-favor investments and pick the one that could be a big bargain right now.

AMC, J.C. Penney, and Norwegian Cruise Lines: One of These Is a Screaming Buy

The same challenges that pushed the iconic department store into bankruptcy will be waiting for it on the other side.

3 Things J.C. Penney's New Owners Need to Do, Fast

The deal would put Aeropostale, Forever 21, and other high-profile brands into Penney stores.

Authentic Brands Could Join J.C. Penney Buyout

The problems at JCPenney started long before the Covid-19 pandemic. A plan to get the company out of bankruptcy won't end them.

JCPenney could be finished, even as malls race to save it

When mall operators acquire the JCPenney stores, will they be working to improve the company's image and sales figures or are they merely trying to prevent more vacancies at their properties?

What Change Is In Store For JCPenney?

It looks like Simon Property Group and Brookfield Property Partners will buy the struggling department-store chain out of bankruptcy, after all.

Mall Owners' J.C. Penney Rescue Is Back on Track

The new owners of JCPenney, mall operators Simon and Brookfield, now have to find a way to make the retail business work…so it can keep paying itself rent

Penney Is Saved: Now What?

At a court hearing Tuesday afternoon, JCPenney lawyer Joshua announced that a deal was being signed by Simon Property Group and Brookfield Property Partners.

News for Old Copper Company Stock (JCPNQ)