By  on September 26, 2013

J.C. Penney Co. Inc. sought to calm some frayed nerves as investors continued to worry over the company’s liquidity and its stock sank to a 13-year low on Wednesday.


A statement from the 1,100-door retailer today said, “The company still anticipates it will experience positive comparable-store sales trends coming out of the third quarter and throughout the fourth quarter of 2013.”

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