Department-store chain J.C. Penney Co. Inc. (NYSE:JCP) confirmed that it would buy a 16.6% stake in Martha Stewart Living Omnimedia Inc. (NYSE:MSO). Media and merchandising company Martha Stewart’s share prices increased 33.33% to close at $4.16 a share
At a media conference, digital news advertisement company McClatchy Co. (NYSE:MNI) said the decline in its advertising sales had eased. Following this development, shares of the company sky rocketed … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards