KM Financial Solutions | FOCUS-For J.C. Penney CEO, debt haunts turnaround bid
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FOCUS-For J.C. Penney CEO, debt haunts turnaround bid

FOCUS-For J.C. Penney CEO, debt haunts turnaround bid

J.C. Penney Co Inc’s
stock has plunged more than 70% over the past year and now
trades under $1. Its first-quarter financial loss nearly doubled
to $154 million.

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