Current Events Articles

AZ Central

JC Penney to get $1.75B in financing, shares rise

April 29, 2013

PLANO, Texas -- J.C. Penney is confirming that Goldman Sachs will provide it with $1.75 billion in financing, sending shares up 3 percent in trading. Rumors about the financing had begun to circulate Friday.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • Obama?s Campaign Message to Millions of Voters: ?Don?t Vote!?
  • Phoenix-area shoppers flood stores as Twinkies vanish
  • Retailers counter online bargains
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE