In the following video, Motley Fool consumer goods analyst Blake Bos gives J.C. Penney(JCP +0.00%) investors three pieces of news pushing the stock up lately. He tells us about one reputable brand the company has made a deal to sell in-house that investors are excited about. He also discusses JCP's plan to refresh some of its workforce at headquarters, and talks about how the company has finally received clearance to raise billions in debt and equity financing, without violating its covenants.
3 Events Driving J.C. Penney Shares Higher
By Blake Bos – Feb 22, 2013 at 5:58PM
OTC: JCPN.Q
J.C. Penney
A few pieces of news bumping J.C. Penney upwards.
About the Author
A home grown Kansan and largely self taught investor. I wouldn't classify myself by any particular investing style, just opportunistic. My dream investment would have a greater than 10% free cash flow return on enterprise value and be growing at above industry average rates. Some of my favorite industries to watch right now are: alternative energy, manufacturing, agriculture, infrastructure, and media content production companies. Follow me on any of the social media websites below for the most important 3D printing industry developments and other great stories.