Sales improving, J.C. Penney says
Shares rise after company reiterates strong outlook
Posted: September 27, 2013 at 3:47 a.m.
J.C. Penney & Co. shares surged Thursday after the company reiterated that it expects positive comparablestore sales in the second half of the year after its stock fell in the past week from concerns that it’s running out of cash.
This story is only available from our archives.
Business, Pages 25 on 09/27/2013