Financial
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J.C. Penney Raises Additional $500M
The troubled retailer finalized a five-year $2.25 billion term loan, which was arranged by Goldman Sachs and is secured by its real estate.
— May 22, 2013
Zale Taps Terry Burman as Chairman, Swings to Q3 Profit
Jeweler named ex-Signet ceo Burman as its new chairman.
— May 22, 2013
American Eagle Q1 Profits Fall
The teen retailer still managed to beat Wall Street's consensus expectations by one cent.
— May 22, 2013
European Markets Decline Ahead of EU Talks
Leaders will meet to discuss the region's finances today.
— May 22, 2013
Gap Looks to Improve Overseas Grade
Market share outside North America lags at 0.25 percent, ceo Glenn Murphy told shareholders at the company's annual meeting.
— May 21, 2013
