J C Penney Company Inc (JCP.N)
* Stores being closed account for less than 5 pct of annual sales
* J C Penney announces plan to optimize retail operations, advance growth and drive profitability
* J C Penney reports positive net income for fiscal 2016; a $514 million increase compared to the prior year
Feb 24 Department store operator J.C. Penney Co Inc said on Friday it would close about 130-140 stores over the next few months, and reported a 0.7 percent drop in same-store sales for the holiday quarter.
* Soros Fund Management dissolves share stake in Nordstrom - SEC filing
WASHINGTON President Donald Trump will meet on Wednesday with the chief executive officers of eight large retailers, including Target Corp , Best Buy Co Inc and J.C. Penney Company Inc , to discuss tax reform and infrastructure improvements, according to people with knowledge of the meeting.
* State Street Corp reports 7.1 percent passive stake in J C Penney Company Inc as of December 31 -sec filing Source text : http://bit.ly/2lM2Nwb Further company coverage:
NEW YORK, Feb 2 Macy's Inc has settled its lawsuit accusing J.C. Penney Co of interfering improperly with its exclusive merchandising agreement with Martha Stewart Living Omnimedia Inc.
* J C Penney extends stockholder rights plan to protect tax benefits
CHICAGO U.S. department store chains, hit by slowing sales for more than two years, have used layoffs, store closings and cutbacks to maintain one aspect of stability: profit margins.