Martha Stewart is back in court for the second day, as she is caught in the middle of a legal battle between Macy's and JC Penney, reports Courtney Reagan.
U.S. stock index futures signaled a higher open on Tuesday, with the Dow Jones Industrial Average within reach of touching its all-time closing high, boosted by upbeat economic data from Europe and ahead of the service-sector report.
CNBC's Courtney Reagan reports the latest twists in the retail drama between Macy's and JC Penney for the rights to sell Martha Stewart brands. Meanwhile, a large shareholder is selling a big chunk of JCP stock.
Some of the names on the move ahead of the open.
Martha Stewart is back in court today, caught in the middle of a legal battle between Macy's and JC Penney. Also, one of JCP's largest shareholders is selling a chunk of the company's stock, reports CNBC's Courtney Reagan.
Profits must come through public confidence, and public confidence is given to any merchant in proportion to the service which he gives to the public.
Recent selling may have some thinking it's a bargain, but Fast Money trader Guy Adami cautions investors about JCPenney.
Check out which companies are making headlines after the bell Monday:
A 10 million share block of JCPenney was being shopped by Deutsche Bank.
JC Penney CEO Ron Johnson is finishing up his testimony earlier today in the retail fight of the century, reports CNBC's Courtney Reagan.
CNBC's Courtney Reagan reports the latest details on the legal battle between JC Penney and Macy's to sell Martha Stewart branded products.
Although consumers' paychecks got a bit lighter this year when the 2 percent payroll tax cut expired, Wall Street analysts see reason to remain bullish on defensive retailers.
J.C. Penney CEO, Ron Johnson, was aware that striking a deal with Martha Stewart would potentially create a conflict with rival Macy's.
Macy's lawyers are using many emails to prove that JC Penney understood Macy's contract with Martha Stewart Living Omnimedia, reports CNBC's Courtney Reagan.
Brian Stutland, Stutland Volatility Group, discusses whether traders see JC Penney falling lower from here.
Not surprisingly, J.C. Penney's dismal earnings numbers spurred option traders to make some large bearish bets on the stock.
CNBC's Courtney Reagan has an update on JC Penney CEO Ron Johnson.
CNBC's Courtney Reagan reports JC Penney CEO Ron Johnson took the stand today to testify in Macy's case against his company in a licensing disagreement for several Martha Stewart brands.
Macy's and JC Penney continue their legal battle over the rights to sell "certain categories" of Martha Stewart branded products, reports CNBC's Courtney Reagan.
Will the fortunes of JC Penney ever take a turn for the better? Perhaps, if they follow Cramer’s plan.