Pursuant to the Plan of Reorganization, the common stock of Old COPPER Company, Inc. (f/k/a J. C. Penney Company, Inc.) was cancelled on the Effective Date. The common stock (JCPNQ/CPPRQ) is no longer in existence and is not traded or quoted on any market or exchange. Information and Resources
Will copper stocks ever recover?
· Only 3.00% of the stock of Old COPPER is held by insiders. Only 0.18% of the stock of Old COPPER is held by institutions. The P/E ratio of Old COPPER is -0.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
What is Old Copper's stock symbol?
Company profile page for Old Copper Co Inc including stock price, company news, press releases, executives, board members, and contact information
Is old copper going out of business?
All-Time High (Year): $80 (2007) Current Price: $1.15. Why It’s Dropped: Big box department store J.C. Penney (NYSE:JCP) was once an iconic stalwart of a thriving mall industry. That was back ...
What happened to copper prices in 2018?
· Get the latest news and real-time alerts from OLD COPPER CO INC. (CPPRQ) stock at Seeking Alpha.
Is JCPenney still trading?
JCPenney is now owned by Simon Property Group and Brookfield Asset Management; as a result, the new JCPenney is a private company. It no longer trades on any stock exchange and reports only to its new owners. Let me clarify this.
Who bought out JCPenney?
Simon Property GroupOn September 9, 2020, Brookfield Property Partners and Simon Property Group agreed to purchase JCPenney for about $800 million, including $300 million in cash and assuming $500 million of debt, which was later approved by the court on November 10, 2020.
What did JCPenney stock close at?
0.1459Key Turning Points52-Week High1.2500Fibonacci 50%0.6550Fibonacci 38.2%0.5146Last Price0.145952-Week Low0.06001 more row•Jan 7, 2021
Is it JCPenney or JCPenney?
J.C. Penney, in full J.C. Penney Corporation, Inc., formerly J.C. Penney Stores Company (1913–24) and J.C. Penney Co. (1924–68), American retail company, founded in 1902 by James Cash Penney and today engaged in marketing apparel, home furnishings, jewelry, cosmetics, and cookware.
Is Shaq owner of JCPenney?
How Shaquille O'Neal Became the Second Largest Investor in the Company That Owns Reebok, JCPenney and Forever 21. Shaquille O'Neal may be most commonly known for his celebrated career as an NBA star.
Does JCPenney own Kohl's?
Actually, no. According to Patch.com, "The JCPenney and Kohl's brands will remain separate with plans to streamline operations, merge IT systems and slash costs. All private apparel is set to be manufactured by the same label." So in laments terms: one company will own and operate both brands.
Can you still buy Sears stock?
Trading in Sears Holdings. The amended SEC 15c2-11 rule became effective on September 28 that no longer allows market makers to make markets in securities that do not file public financial information. So no more trading in Sears Holding stock via market makers.
Is Kohl's stock a good buy 2020?
Kohl's Corporation - Buy Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of KSS, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
Will JCPenney survive?
Some felt that the firm was too crippled and damaged to survive. The retailer even abandoned its Plano, Texas corporate campus. But the company has proven those skeptics wrong. JCPenney is still open.
Why did JC Penney fail?
The company was saddled with debt and spent the last decade with a continual turnover in CEOs, new store designs that couldn't spark interest, initiatives and rebrands that didn't resonate with customers. The once-beloved retailer has been unprofitable since 2010 with net losses of $4.5 billion.
Did Jcpenney ever spell penny?
In 1909, the logo got a thick lowercase font, and the name of the owner — J. C. Penney — was added to it. In 1948, the brand name on the logo was changed to “Penney's”. It was written in a black typeface with neat serifs.
How many jcpenney stores are left?
“The current go-forward store count is 670 stores after these two liquidations,” the company said in a statement. “We have no other store closures to announce at this time.”
Who are Old COPPER's key executives?
Old COPPER's management team includes the following people: Stanley Shashoua , Chief Executive Officer Alan Carr , Chief Restructuring Officer,...
Who are some of Old COPPER's key competitors?
Some companies that are related to Old COPPER include McColl's Retail Group (MCLS) , Laura Ashley (ALY) , AuMake International Limited (AU8.AX)...
What is Old COPPER's stock symbol?
Old COPPER trades on the OTCMKTS under the ticker symbol "JCPNQ."
How do I buy shares of Old COPPER?
Shares of JCPNQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...
How much money does Old COPPER make?
Old COPPER has a market capitalization of $0.00 and generates $11.17 billion in revenue each year. The company earns $-268 million in net income (p...
How many employees does Old COPPER have?
Old COPPER employs 90,000 workers across the globe.
What is Old COPPER's official website?
The official website for Old COPPER is www.jcpenney.com .
Where are Old COPPER's headquarters?
Old COPPER is headquartered at 6501 LEGACY DRIVE, PLANO TX, 75024 .
How can I contact Old COPPER?
Old COPPER's mailing address is 6501 LEGACY DRIVE, PLANO TX, 75024 . The company can be reached via phone at (972) 431-1000 or via email at [em...
What is the official website for old copper?
The official website for Old COPPER is www.jcpenney.com.
What is the P/E ratio of old copper?
The P/E ratio of Old COPPER is -0.18, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Is there enough data for old copper?
There is not enough analysis data for Old COPPER.
Does Old Copper have a long track record?
Old COPPER does not have a long track record of dividend growth.
When did Old Copper go bankrupt?
ended effective with the sale of its operating assets. Old COPPER Company, Inc. completed the Chapter 11 bankruptcy process on January 30, 2021, when the Plan of Reorganization was declared effective.
Who is JCPenney's asset purchase agreement with?
JCPenney Signs Asset Purchase Agreement with Brookfield, Simon and First Lien Lenders, Charting Course for the Future
Top copper stocks
Copper is the third most consumed industrial metal in the world, according to the U.S. Geological Survey. Because of its importance to the economy, many mining companies operate copper mines. However, while many companies produce copper, only a few focus on expanding their copper production because they have reserves and viable expansion projects.
1. BHP Group
BHP Group is a leading global natural resource producer based in Australia. It mines copper, iron ore, nickel, metallurgical coal, and potash. It also produces oil and natural gas, although it’s merging those operations with Woodside Petroleum ( ASX:WPL) in a deal that should close in 2022.
2. Freeport-McMoRan
Freeport-McMoRan is one of the world's largest publicly traded copper producers. It also produces gold and molybdenum, an element used in high-strength steel alloys.
3. Teck Resources
Teck Resources is a diversified mining company based in Canada. It produces copper, zinc, and steelmaking coal. In addition, it has investments in oil sands mining projects.
4. Southern Copper
Southern Copper is one of the largest integrated copper producers in the world and operates copper mines in Mexico and Peru. The company is owned by Grupo Mexico, a conglomerate focused on mining, transportation, and infrastructure.
5. Rio Tinto
Rio Tinto is a diversified global mining company based in the U.K. It produces aluminum, copper, diamonds, gold, industrial minerals, iron ore, and uranium. It also produces other basic materials, including borates, lithium, salt, and titanium dioxide.
Copper-driven growth
The world needs more copper to support its transition to lower-carbon energy sources. Demand for the metal should rise considerably in the coming years. The increased demand should support additional copper expansion projects from the world's top mining companies, enabling them to increase production and benefit from higher prices.
What is copper used for?
Copper demand is closely tied to economic cycles as it's used for a broad range of applications, including construction, electronics, industrial machinery, transportation, power generation, and transmission.
Where is Ero Copper located?
Ero Copper Corp.: Ero Copper is a Canada-based mining company that engages in the production and sale of copper, gold, and silver in mining locations primarily in Brazil.
What is capstone mining?
Capstone Mining Corp.: Capstone Mining engages in the exploration, development, and production of a range of different minerals, including copper, gold, silver, zinc, iron, and lead. The company has operations in the U.S., Mexico, and Chile. Capstone Mining announced in late April financial results for Q1 FY 2021, which ended March 31, 2021.
Where is Copper Mountain located?
The company's flagship Copper Mountain mine is located in southern British Columbia. The company announced in late July financial results for Q2 FY 2021, ended June 30, 2021. Net income rose 21.1% on revenue growth of 56.0%. The company said that it achieved record operating cash flow during the quarter. It also said that it has not experienced any material disruptions at its operations, logistics, or supply chains related to the pandemic. 3
