Stocks closed sharply lower across the board Wednesday, with all key S&P sectors in the red, following a batch of weaker-than-expected earnings and as commodities resumed their selloff amid ongoing worries over global growth.
U.S. stock index futures were lower Wednesday, pressured by some weaker-than-expected earnings and amid worries over global growth.
Some of the names on the move ahead of the open.
Macy's has filed an appeal challenging a judge's ruling that J.C. Penney can sell unbranded Martha Stewart goods in its stores for now -- the latest salvo in a legal war between the two retailers.
The judge in the JC Penney-Macy's fight has denied Macy's request for an expanded preliminary injunction, explains CNBC's Courtney Reagan. For now, JCP Everyday products will go on sale.
The judge in the JC Penney and Macy's case says JC Penney will be allowed to sell non-branded Martha Stewart products for now, with the "Power Lunch" crew and Business Insider's Henry Blodget.
In the latest twist of the courtroom battle between Macy's, J.C. Penney and Martha Stewart's company, the judge says that J.C. Penney will be allowed for now to sell some Stewart products. Still, Macy's CEO Terry Lundgren said he plans to appeal if his company ultimately loses in court.
Terry Lundgren, chairman, president & CEO at Macy's, shares his thoughts on the company's ongoing legal battle with JC Penney, the state of consumer confidence, and the company's plans to hire around "a thousand college grads this year."
An update on the legal wrangling between the two retailers to sell certain Martha Stewart products, with CNBC's Courtney Reagan.
Martha Stewart's company lost a bid to dismiss a claim by Macy's that it violated their contract when it designed certain products for JC Penney.
Judge Oing has decided Macy's lawyers have met the burden of proof necessary on the claim that Martha Stewart Living Omnimedia violated its contract with the store chain, reports CNBC's Courtney Reagan.
CNBC's Courtney Reagan reports the latest details on the lawsuit between JC Penney and Macy's for the rights to sell certain Martha Stewart products.
Three more top executives at J.C. Penney have left the ailing retailer, the New York Post reported, following the ouster of Chief Executive Ron Johnson.
Ron Johnson's plush taste, against-the-grain ideas and controversial partnership deals all played a hand in his downfall at JC Penney after 17 months. The NYT reports.
Macy's and JC Penney continue to battle over who can sell Martha Stewart products in certain categories. Carter Worth, Oppenheimer, and Marc Lichtenfeld, The Oxford Club Association, discuss.
The retailers are back in court to battle over who has the right to sell certain categories of Martha Stewart branded products, reports CNBC's Courtney Reagan.
Both retailers are back in court over a battle to sell select Martha Stewart branded products, reports CNBC's Courtney Reagan.
CNBC's Courtney Reagan reports the legal battle continues between the two retailers for the right to sell the Martha Stewart brands.
The struggling department store chain is poised to open the first of its new home goods boutiques, a launch that Johnson himself has called "pivotal" to his efforts to revive Penney.
CNBC's Brian Sullivan speaks with Martha Stewart of Martha Stewart Living Omnimedia about whether the consumer is back, the state of housing, and Ron Johnson's leadership at JC Penney.