ASBESTOS UPDATE: J. C. Penney Records $36MM April 30 Liabilities

J. C. Penney Company, Inc., as of April 30, 2011, estimated its total potential asbestos and environmental liabilities to range from US$35 million to US$42 million and recorded its best estimate of US$36 million in other liabilities in the Consolidated…

ASBESTOS UPDATE: J. C. Penney Estimates $50MM Liability at May 1

J. C. Penney Company, Inc., as of May 1, 2010, estimated its total potential asbestos and environmental liabilities to range from US$49 million to US$60 million and recorded its best estimate of US$50 million in other liabilities in the Consolidated…

ASBESTOS UPDATE: J. C. Penney Has $43M A&E Liability at Oct. 31

J. C. Penney Company, Inc., as of Oct. 31, 2009, estimated its total potential asbestos and environmental liabilities to range from US$41 million to US$52 million and recorded its best estimate of US$43 million in other liabilities in the Consolidated…

ASBESTOS UPDATE: J. C. Penney Has $45M A&E Liabilities at Aug. 1

J. C. Penney Company, Inc., as of Aug. 1, 2009, estimated its total potential asbestos and environmental liabilities to range from US$41 million to US$52 million and recorded its best estimate of US$45 million in other liabilities in the Consolidated…

ASBESTOS LITIGATION: J. C. Penney’s A&E Liabilities Total $39Mil

J. C. Penney Company, Inc.’s estimates that its asbestos and environmental liabilities amounted to US$39 million as of Jan. 31, 2009, according to the Company’s annual report filed with the Securities and Exchange Commission on March 31, 2009.

As of Jan.…