JC Penney loss in business 200% will stop paying interest at the expectation

The dawn of May 16 Peking time, the CNBC headlines publishes the text 《JC Penney loss in business 200% will stop paying interest at the expectation 》 now the full text summary is as follows:American large dealer JC Penney company on Tuesday the United States announced after the dish it is the first of accomplishment report, the report shows its quarter the degreeRay Ban aviador loss in business far far above expect level.The company reports it first wealth the quarter loss in business USD 163,000,000 and matched about each one loss in business 75 beautiful divide, last year same period the company of the company acquire earnings USD 64,000,000 and match about each earnings 28 beautiful cent.After adjusting, the company be quarter of each one loss in business to 25 the United States to divide.When the sales of quarter the company also descends from USD 3,940,000,000 in last year same period to USD 3,150,000,000.Analyst in the market before now on the average expected the company be quarter obviation special item behind loss in business each one 11 beautiful cent, expecting its revenue would be USD 3,410,000,000.When quarter the company cans compare to descend 19% with store sales, is lowerMens Mont blanc Sunglasses than analyst in the market the average expectation before now.The company anticipates it will face more reorganization expenseses this year, and along with after it withdraw some business, it will face additional stock blunt reduce.The company also means that willing stop it is each 20 the United States the quarter degree dividends in cent issues, this will be it economy the expenditure of about USD 175,000,000.After wealth report announces, the company's stock price trades after dish in once significantly declined 14%.
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