Rough Quarter for Car Sales

Most automakers have shifted to a quarterly release of U.S. new-vehicle sales data, but if they were hoping to limit the number of bad headlines during the Covid-19 crisis, perhaps a biannual or even biennial […]

By |2020-07-02T11:25:55-04:00July 2, 2020|Articles|Comments Off on Rough Quarter for Car Sales

JCPenney Misses Bond Payment

JCPenney Shares Have Fallen 77% in 2020

The situation at troubled retailer JCPenney got more serious as the company missed a $12 million debt payment due Wednesday. The company said that it has a 30-day grace period to make the payment. "JCPenney made the strategic decision to ... take advantage of the 30-day grace period to continue ongoing discussions with lenders...

By |2020-04-17T10:08:02-04:00April 17, 2020|Articles|Comments Off on JCPenney Misses Bond Payment