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$JCP Pops 6% on Discounted Sales and Kicking $MSO to the Curb

J. C. Penney Company, Inc. (JCP)

-NYSE

20.43 Up 1.21(6.32%) 10:21AM EST – Nasdaq Real Time Price

A dispute between Martha Stewart Living Omnimedia Inc. (NYSE: MSO) and Macy’s Inc. (NYSE: M) over a licensing deal between Stewart and J.C. Penney Co. Inc. (NYSE: JCP) is set to go to court next month. In the meantime, J.C. Penney’s rollout of its Martha Stewart-branded goods will be crippled by the store’s decision to leave her name off a wide variety of products in its home decor and housewares lines…”

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