Highlights from J.C. Penney's latest SEC filing

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

J.C. Penney (JCP -1.5%) discloses in a SEC filing that the final resolution of its legal squabble with Macy's over Martha Stewart won't have a material adverse effects on results.

The company says it had 117K employees as of February 1.

Looking ahead: The retailer says it's in the "go-forward" part of it turnaround, but notes it might take longer than expected to recover from the negative sales trends.

SEC Form 10-K