Penney credit rating cut to junk bond status

March 2001
Furniture/Today;03/26/2001, Vol. 25 Issue 29, p57
Trade Publication
Focuses on the reduction of the credit rating of J.C. Penney to junk bond status by Moody's Investor Service as of March 26, 2001.


Related Articles

  • Moody's hikes Penney's rating.  // WWD: Women's Wear Daily;10/27/1994, Vol. 168 Issue 83, p14 

    Reports that Moody's Investors Service raised the debt ratings of J.C. Penney Co. from A2 to A1, affecting about $2.2 billion of debt. Expectation by the investor company on the financial performance of the J.C. Penney Company.

  • J.C. Penney debt cut to junk-bond status. Hogsett, Don // Home Textiles Today;03/26/2001, Vol. 22 Issue 29, p83 

    Reports that the ratings of New York City-based retailer J.C. Penney Co. has been reduced to junk-bond status by Moody's Investors Service. Poor operating performance of the firm's department stores and Eckerd drug store businesses; Revised ratings; Impact of the ratings on the firm's debts...

  • JCPenney earns Moody's review.  // Discount Store News;8/15/94, Vol. 33 Issue 16, p9 

    Reports on Moody's review of JCPenney's debt for possible upgrade following the latter's improved earnings and cash flow.

  • Moody's Puts Connecticut's GO Rating On Downgrade Watch, Citing Shortfall. McDonald, Michael // Bond Buyer;2/6/2003, Vol. 343 Issue 31568, p36 

    Reports that Moody's Investors Service Inc. has put Connecticut's general obligation credit rating under review for a downgrade. Effect of Moody's outlook on state debt; Deficit in the state's budget; Other credits which are being affected.

  • Moody's Joins Standard & Poor's in Giving Michigan Triple-A Rating. Wisniewski, Mary // Bond Buyer;10/06/2000, Vol. 334 Issue 30991, p4 

    Discusses the improvement of the state of Michigan's credit rating by Moody's Investors Service. Impact of the state's low debt and improved financial management; Factors behind the upgrading of the state's credit rating by Moody's.

  • ILLINOIS: Joliet Upgrade. Shields, Yvette // Bond Buyer;1/9/2002, Vol. 339 Issue 31300, p29 

    Focuses on credit ratings given by rating agency Moody's Investors Service Inc. to bonds of Joliet, Illinois. Impact of ratings on general obligation debt of the city; Basis for the ratings.

  • Moody's Lowers Outlook on MassPort Debt to Negative. Peacock, Wayne // Bond Buyer;2/13/2002, Vol. 339 Issue 31324, p5 

    Focuses on credit ratings for the Massachusetts' Port Authority debt set by rating agency Moody's Investors Service Inc. Impact of the September 11, 2001 terrorist attacks in the U.S. on the airport's business; Ratings given by other rating agencies.

  • FLORIDA: Palm Beach COPs. DeSue, Tedra // Bond Buyer;2/14/2002, Vol. 339 Issue 31325, p29 

    Reports on the credit ratings given by Moody's Investors Service Inc. to certificates of participation of the School Board of Palm Beach County, Florida. Sale of the certificates of participation; Insurance cover of the certificates.

  • Moody's Downgrades New Jersey. Braun, Martin Z. // Bond Buyer;3/5/2002, Vol. 339 Issue 31337, p1 

    Reports the downgrading of the New Jersey's general obligation credit rating by the Moody's Investors Service. Future obligations for health care; Shortfall on total revenue; Criticisms on the pension bond.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics