NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) of J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. at 'CCC'. The Rating Outlook is Positive. A full list of rating actions follows at the end of this press release. KEY RATING DRIVERS Fitch Ratings expects J.C. Penney to generate EBITDA of approximately $600 million in 2015 versus $277 million in 2014, based on 3% comparable store sales (comps) growth, gross margin of approximately 36%, and further s
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