JC Penney Debt Pops In Trading, CDS Tightens On 4Q Profit, Sales Forecast |
| February 27, 2014 | February 2014 Bond Updates |
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Debt backing J.C. Penney is trading higher this morning alongside the company’s shares after the retailer late yesterday reported a small fourth-quarter profit and said it expects same-store sales to increase by mid-single digits in the full year 2014. |
| View more at: http://www.forbes.com/sites/spleverage/2014/02/27/jc-penney-debt-pops-in-trading-cds-tightens-on-4q-profit-sales-forecast/ |
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