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J.C. Penney Denies CEO Departure Rumors
By: MarketMinute.com Stock News
Posted on March 12, 2013 at 12:33 PM EDT

Rumors circulated that J.C. Penney Company Inc. (NYSE: JCP) chief executive Ron Johnson was resigning but the department store operator denied the rumors. The stock price gained 80 cents to $15.85.
Related Stocks:
J.C. Penney Co., Inc.
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