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Stock Market & Financial Investment News

News Breaks
January 2, 2014
10:59 EDTJCP, M, MSOMartha Stewart Living rises following settlement with Macy's
Shares of media and merchandising company Martha Stewart Living Omnimedia (MSO) are higher this morning after announcing that a legal dispute with Macy's (M) has been settled. WHAT'S NEW: The companies have settled a breach-of-contract lawsuit involving Martha Stewart Living's merchandising agreement with J.C. Penney (JCP). Their settlement terms are confidential and not material to their businesses, the companies said. Both companies say they are looking forward to a "continued, successful partnership together". Martha Stewart Living and J.C. Penney agreed in October to unwind parts of their agreement, including reducing the range of products it covered. Macy's says the settlement does not impact its outstanding claim against J.C. Penney, which remains subject to the court's decision. PRICE ACTION: Martha Stewart Living is up 17c, or 4%, to $4.37 in mid-morning trading. Meanwhile, Macy's is up almost 1% and J.C. Penney is down over 1%.
News For MSO;M;JCP From The Last 14 Days
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April 17, 2014
07:31 EDTMLululemon faces increased competition in yogawear industry, Reuters says
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April 15, 2014
17:31 EDTMSOMartha Stewart back in court on pet products suit, Reuters says
A lawsuit that claimed Martha Stewart Living Omnimedia tried to undercut business partner Age Group in its dealings with pet products retailer PetSmart has been revived, says Reuters. Shares of Martha Stewart Living Omnimedia closed down 3.41% at $3.97. Reference Link
April 11, 2014
14:26 EDTJCPCBL & Associates expects more J.C. Penney closures
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09:19 EDTMMacy's management to meet with JPMorgan
Meetings to be held in Boston on April 15-16 hosted by JPMorgan.
April 9, 2014
09:20 EDTMBofA/Merrill's retail analysts hold an analyst/industry conference call
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April 8, 2014
11:42 EDTJCPStocks with call strike movement; P JCP
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April 7, 2014
06:28 EDTJCPStocks with implied volatility below IV index mean; SWY JCP
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April 4, 2014
11:31 EDTJCPStocks with call strike movement; JCP TWTR
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06:07 EDTJCPStocks with implied volatility below IV index mean; JCP PLUG
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