UPDATE 2-Penney in talks with some parties for a new loan -WSJ
April 18, 2013 at 17:23 PM EDT
April 18 (Reuters) - J.C. Penney Co Inc is speaking with Wells Fargo & Co and others, including parties that invest in troubled companies, about a new loan to help it buttress its cash reserves, the Wall Street Journal reported on Thursday, citing people familiar with the matter.