JCPenney (JCP) to Decide on Martha Stewart Following Ruling
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JCPenney (NYSE: JCP) shares are up 3.6 percent followng a NY Post article which said that the company will likely cut ties with Martha Stewart Omnimedia (NYSE: MSO) amid an expected ruling over a contract dispute between the two and Macy's (NYSE: M).
This afternoon, Bloomberg cites JCPenney spokesperson Kristin Hays is saying that the company will make a decision on Martha Stewart after the verdict is issued. Hays declined to comment on the earlier report.
This afternoon, Bloomberg cites JCPenney spokesperson Kristin Hays is saying that the company will make a decision on Martha Stewart after the verdict is issued. Hays declined to comment on the earlier report.
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