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J C Penney Company Inc (JCP.N)

JCP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

J C Penney Company Says CEO, Jill Soltau's Annualized Base Salary Will Be $1.4 Mln
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - J C Penney Company Inc ::J C PENNEY COMPANY SAYS CEO, JILL SOLTAU'S ANNUALIZED BASE SALARY WILL BE $1.4 MILLION - SEC FILING.J C PENNEY COMPANY - CEO JILL SOLTAU TO RECEIVE ONE-TIME CASH SIGNING BONUS FROM JCPENNEY IN AMOUNT OF $6 MILLION LESS APPLICABLE WITHHOLDING TAXES.J C PENNEY COMPANY - SIGNING BONUS LESS APPLICABLE WITHHOLDING TAXES WILL BE PAID TO SOLTAU BETWEEN 30TH & 60TH DAY IMMEDIATELY FOLLOWING START DATE.  Full Article

Jcpenney Welcomes Jill Soltau As Chief Executive Officer
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - J C Penney Company Inc ::JCPENNEY WELCOMES JILL SOLTAU AS CHIEF EXECUTIVE OFFICER.J C PENNEY COMPANY INC - SOLTAU IS A 30-YEAR RETAIL VETERAN WHO MOST RECENTLY SERVED AS PRESIDENT AND CEO OF JOANN STORES.J C PENNEY COMPANY INC - APPOINTMENT OF JILL SOLTAU AS CHIEF EXECUTIVE OFFICER AND A MEMBER OF BOARD OF DIRECTORS, EFFECTIVE OCT. 15.  Full Article

Jcpenney Announces Departure Of Chief Financial Officer
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - J C Penney Company Inc ::JCPENNEY ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.JCPENNEY ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.J C PENNEY COMPANY INC - SVP FINANCE JERRY MURRAY TO SERVE AS INTERIM CFO.J C PENNEY COMPANY INC - DAVIS RESIGNING AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER EFFECTIVE OCT. 1 TO PURSUE ANOTHER OPPORTUNITY.J C PENNEY COMPANY - CO WILL COMMENCE A FORMAL SEARCH FOR DAVIS' SUCCESSOR, REVIEWING BOTH INTERNAL AND EXTERNAL CANDIDATES.J C PENNEY COMPANY INC - JEFFREY DAVIS HAS INFORMED COMPANY ABOUT HIS RESIGNATION.  Full Article

J. C. Penney Launches Baby Shops In 500 Stores
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - J C Penney Company Inc ::JCPENNEY LAUNCHES BABY SHOPS IN 500 STORES.J C PENNEY - NEW BABY SHOPS WILL LAUNCH LATER IN AUGUST.  Full Article

J.C.Penney Recalls Okie Dokie Denim Patches Shortie Shorts Due To Choking Hazard
Tuesday, 24 Jul 2018 

July 24 (Reuters) - J C Penney Company Inc ::JCPENNEY RECALLS OKIE DOKIE DENIM PATCHES SHORTIE SHORTS DUE TO CHOKING HAZARD.U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS RECALL OF ABOUT 5,400 UNITS OKIE DOKIE DENIM PATCHES SHORTIE SHORTS; NO INJURIES REPORTED.  Full Article

JCPenney Opens Second Brooklyn Store
Tuesday, 10 Jul 2018 

July 10 (Reuters) - J C Penney Company Inc ::JCPENNEY DEBUTS SECOND BROOKLYN STORE.J C PENNEY COMPANY - ANNOUNCED OPENING OF ALL-NEW LOCATION AT KINGS PLAZA IN BROOKLYN.  Full Article

J C Penney Determined A Charge For Impairment To Corporate Aircraft Assets
Thursday, 14 Jun 2018 

June 14 (Reuters) - J C Penney Company Inc ::J C PENNEY COMPANY - DETERMINED A CHARGE FOR IMPAIRMENT TO CORPORATE AIRCRAFT ASSETS.J C PENNEY COMPANY INC - IMPAIRMENT CHARGE IS A RESULT OF COMPANY'S DECISION TO SELL ITS CORPORATE AIRCRAFT AND CLASSIFY ASSETS AS HELD FOR SALE.J C PENNEY COMPANY INC - CURRENTLY ESTIMATES TOTAL IMPAIRMENT CHARGE TO BE APPROXIMATELY $50 MILLION.J C PENNEY COMPANY INC - COMPANY DOES NOT CURRENTLY EXPECT THAT IMPAIRMENT CHARGE WILL RESULT IN ANY SIGNIFICANT FUTURE CASH EXPENDITURES.J C PENNEY - CURRENTLY EXPECTS TO RECEIVE ABOUT $20 MILLION IN CASH PROCEEDS IN 2018 FROM SALE OF CORPORATE AIRCRAFT.J C PENNEY COMPANY INC SAYS IMPAIRMENT CHARGE WILL BE RECORDED IN FISCAL Q2 OF 2018 - SEC FILING.J C PENNEY - EXPECTS SALE OF CORPORATE AIRCRAFT TO REDUCE ANNUAL OPERATING EXPENSES ABOUT BETWEEN $5 MILLION AND $10 MILLION.  Full Article

Lowe's Names Marvin Ellison President And CEO
Tuesday, 22 May 2018 

May 22 (Reuters) - Lowe's Companies Inc ::LOWE'S NAMES MARVIN ELLISON PRESIDENT AND CHIEF EXECUTIVE OFFICER.LOWE'S DIRECTOR RICHARD W. DREILING TO BECOME CHAIRMAN OF BOARD.ELLISON SUCCEEDS ROBERT A. NIBLOCK, WHO PREVIOUSLY ANNOUNCED HIS INTENTION TO RETIRE.MARVIN ELLISON CURRENTLY SERVES AS CHAIRMAN AND CEO OF J. C. PENNEY COMPANY, INC.  Full Article

J.C. Penney Says CEO's FY 2017 Total Compensation Was $10.8 Mln Vs $9.4 Mln In FY 2016
Monday, 9 Apr 2018 

April 9 (Reuters) - J C Penney Company Inc ::J C PENNEY COMPANY SAYS CEO MARVIN ELLISON'S FY 2017 TOTAL COMPENSATION WAS $10.8 MLN VS $9.4 MLN IN FY 2016 - SEC FILING.  Full Article

Phoenix Investors Acquires JCpenney Distribution Center In Wauwatosa, Wisconsin
Tuesday, 13 Mar 2018 

March 13 (Reuters) - J C Penney Company Inc ::PHOENIX INVESTORS ACQUIRES JCPENNEY DISTRIBUTION CENTER IN WAUWATOSA, WISCONSIN.‍PHOENIX INVESTORS - ACQUIRES JCPENNEY DISTRIBUTION CENTER FOR $31.25 MILLION​.  Full Article

UPDATE 5-Lotto fever grips U.S. as Mega Millions jackpot hits $1 billion

Oct 19 The drawing for the second-largest lottery prize in U.S. history, a cool $1 billion, was held on Friday as lotto fever gripped the U.S.