On Wednesday, Shares of J C Penney Company Inc (NYSE:JCP), gained 0.25% to $7.94.
- C. Penney Company declared that CEO Marvin Ellison will present at the Goldman Sachs 22nd Annual Global Retailing Conference in New York, New York on Wednesday, September 9, 2015. The presentation is planned for about 30 minutes starting at 3:10 pm ET and will be accessible via webcast. The live webcast may be accessed via JCPenney`s Investor Relations page at ir.jcpenney.com. Replays of the webcast will be accessible after the event and can be accessed for 6 months.
- C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating. As of March 18, 2015, it operated about 1,060 stores.
Finally, Pra Group Inc (NASDAQ:PRAA), ended its last trade with 0.87% gain, and closed at $53.25.
Investimentos, declared its partnership with PRA Group (PRAA), a global leader in acquiring non-performing loans in the Americas and Europe.
PRA Group purchased a majority position in RCB in early August. RCB founders Alexandre Nobre and Renato Toledo will continue to manage the company’s local business in Brazil with the ultimate aim of raised market participation. This transaction promotes the long-term vision of RCB in Brazil and provides PRA with a planned partner for entry into the large and thriving Brazilian distressed loan sale market.
“This partnership strengthens RCB’s position in the Brazilian market as a major independent solution provider,” said Alexandre Nobre, chief executive officer, RCB Investimentos. “With a stronger capital base, RCB will be even more competitive when bidding for its clients’ sale offerings, leveraging PRA’s proven experience as an efficient and highly compliant international collection resource.”
PRA Group, Inc., a financial and business service company, engages in the purchase, collection, and administration of portfolios of defaulted consumer receivables in North America and Europe. It is involved in the acquisition, collection, and processing of unpaid and normal-course accounts receivable owed to credit grantors, governments, retailers, and others.
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