Investors Cheer JC Penney Inc. Pension Obligation Redcution

by Hal Lindon, Benzinga Editor

October 2, 2015 11:24 AM | 13 seconds read | Make a Comment

Expects to cut pension obligation by 25 percent.
Over the last three days botrtomed between $8.95 and $9.11.
In Friday's session, bottomed off the open at $9.14.
Finding resistance ahead of September 28 high ($9.72) at $9.67.

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