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J.C. Penney says SEC looking into its liquidity, debt and other financial matters
– canadianbusiness.com
The struggling retailer disclosed in a regulatory filing late Thursday that it received a letter from the Securities and Exchange Commission in October requesting information on its liquidity, cash position, debt and equity financing, as well as its offering of common stock announced in September.
J.C. Penney Co. Inc. said it is co-operating with the SEC and providing the requested information. A representative for the Plano, Texas, company could not be reached for further comment.
The SEC did not respond immediately to a request for further details.
Shares of the department store chain fell almost 3 per cent in after-hours trading.
The post J.C. Penney says SEC looking into its liquidity, debt and other financial matters appeared first on Canadian Business.
ETF Investor Tool Kit from iShares
– moneysense.ca

Download the ETF Investor Tool Kit as a PDF
Exchange Traded Funds ( ETFs) can help change the way you manage your investments. ETFs combine the benefits of mutual funds and stocks, offering you diversified, efficient, cost- effective and transparent access to the world’s investment markets.
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>> Download the ETF Investor Tool Kit as a PDF
WHAT IS AN ETF?
An ETF is an investment fund that is traded on a stock exchange.
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120 days – 1.70%
– ratesupermarket.ca


