The company's lawyer reports all three bidders want to keep it as a stand-alone company.
News & Analysis: J.C. Penney
The department store chain avoided bankruptcy...for now.
Three major mall operators dropped by double digits on a pretty calm day for the markets.
Between weak holiday sales and the threat of being delisted, the department-store retailer has plenty of work to do.
Sales fell during the holiday season.
Quarterly results offer at least reason for hope that the venerable retailer can pull off a turnaround.
Shares of the department-store chain climbed on news about potential debt talks.
While the company has taken positive steps for its business, J.C. Penney faces a tough turnaround.
After three days of monster gains, shares of the ailing retailer finally faded.
Shares of the department store chain popped again as news about a new brand launch seemed to lead to a short squeeze.
The beleaguered retail name seems to be getting a second look.