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Investors Shrug Off S&P Ratings Upgrade Of JC Penney's Debt
Wednesday, March 30, 2016 - 2:48pm | 197Shares of J C Penney Company Inc (NYSE: JCP) were trading lower by nearly 2 percent Wednesday afternoon as investors and traders appear to shrug off a notable upgrade by S&P Ratings Services. According to Barron's, S&P Ratings Services upgraded JC Penney's debt rating to B from...