JCPenney Looking To Raise Capital As Goldman Hints At Bankruptcy, Playing Both Sides Of The Deal |
September 25, 2013 | September 2013 Bond Updates |
Shares in J.C. Penney got crushed as Goldman Sachs, which recently lent the embattled retailer money, downgraded the stock, suggesting a bankruptcy was definitely in the cards, as the company burns through cash and fails to woo back consumers. |
View more at: http://www.forbes.com/sites/afontevecchia/2013/09/25/jcpenney-looking-to-raise-capital-as-goldman-hints-at-bankruptcy-playing-both-sides-of-the-deal/ |
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