SHARE AND SHARE ALIKE: Loehmann’s Holdings Inc. will begin trading on the Nasdaq on July 29. The Bronx-N.Y. based retailer, which had been trading on the over-the-counter bulletin board, will continue to trade under the ticker symbol LHMS. In a separate development, Loehmann’s also announced that it has completed the sale of its building in the Bronx and received $5 million in cash from the transaction. The company’s corporate headquarters will continue to be located in the Bronx facility.

OF NOTE: J.C. Penney Corp. extended, until Aug. 7, the expiration date of its offer to exchange various outstanding notes for new notes maturing in 2012 and bearing an interest rate of 9 percent. The offer was originally set to expire July 24.As of that date, an aggregate of $227 million of the outstanding notes were accepted and became irrevocable.

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