It's expiration Friday, and investors are wondering whether U.S. stocks will close the week out above their recent trading range. In pre-market activity, futures are sitting a hair below breakeven. Meanwhile, here are some companies making news today:

• Earnings News: The Gap Inc. (NYSE:GPS) may be headed higher today after reporting a 29% rise in second-quarter earnings. The apparel retailer also lifted its earnings outlook for the full fiscal year (The Wall Street Journal); Sector peer Aeropostale, Inc. (NYSE:ARO) wasn't as lucky, as earnings showed a year-over-year decline and missed analysts' estimates (Wall St. Cheat Sheet); Marvell Technology Group Ltd. (NASDAQ:MRVL) announced a 52% drop in second-quarter earnings, falling short of Wall Street's expectations. The chipmaker's revenue number also missed analysts' mark. (MarketWatch)


• Michael Klayko -- CEO for Brocade Communications Systems, Inc. (NASDAQ:BRCD) -- has turned in his resignation, but will stay on board as the company searches for his successor. (CNBC)


• As previously hinted at via a temporary injunction, Macy's, Inc. (NYSE:M) has officially filed suit against J.C. Penney Company, Inc. (NYSE:JCP) over the rights to stock its shelves with anything from the Martha Stewart Living Omnimedia, Inc. (NYSE:MSO) product line. Macy's asserts it has an exclusive right to sell Martha-branded products in specific categories. In December, JCP acquired a 17% stake in MSO, hoping the company's products could breathe new life into slumping sales. (Bloomberg)


• Looking for your next career move? Yahoo! Inc. (NASDAQ:YHOO) is on the hunt for a new Chief Operating Officer to work alongside Marissa Mayer. (SlashGear)


• And lastly, NIKE, Inc. (NYSE:NKE) is under fire for marketing a tee-shirt with the phrase "Gold Digging," accompanied by the familiar Nike "Swoosh." Some are saying the phrase is offensive and an affront to women. Others recognize it's a simple play on words to coincide with, you know, the Olympics. (International Business Times)