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JC Penney: We haven't hired advisors 'to prepare for an in-court restructuring or bankruptcy'


Added 07-19-19 04:02:02pm EST - “J.C. Penney on Friday afternoon issued a statement responding to a report that the embattled department store chain had hired advisers to explore debt restructuring options, potentially buying it more time for a turnaround.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “JC Penney: We haven't hired advisors 'to prepare for an in-court restructuring or bankruptcy'”. Below is an excerpt from the article.

Iran's Revolutionary Guard said the British tanker, Stena Impero, failed to follow international maritime rules.

In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.

More than a quarter of the S&P 500 companies report earnings in the week ahead, and that could buffet the market as investors await the Fed's meeting at the end of the month.

Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.

Executives from United Airlines and American Airlines were "shocked" that state-owned airline Qatar Airways CEO Akbar Al Baker was also invited to the meeting, according to a...

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