JC Penney's board made the "right choice" in bringing back Mike Ullman as CEO to try to save the company, but "I worry," Jim Cramer said Tuesday, a day after the ouster of Ron Johnson.
CNBC's Courtney Reagan reports the latest details on the departure of JC Penney CEO Ron Johnson. Brian Nagel, Oppenheimer analyst, discusses how the transition in leadership is impacting the stock.
"What is going on here?", asks CNBC's Jim Cramer, as the The "Squawk on the Streeet" new team await news on why Herbalife has stopped trading and the company's auditor, KPMG resigned. With CNBC's Herb Greenberg.
The "Squawk on the Street" news team reports on today's top business headlines, including the ousting of JC Penney's Ron Johnson and what's at stake for hedge fund manager Bill Ackman.
Steve Bertoni, Forbes associate editor, provides perspective on the change in leadership at JC Penney; the future of the retailer; and hedge fund manager Bill Ackman's stake in the company.
Some of the names on the move ahead of the open.
Ron Johnson is out as CEO of JC Penney, and replaced with former leader, Mike Ullman. Will the switch help turn the struggling retailer turnaround? Jeffrey Sonnenfeld, Yale University School of Management, discusses.
Will a change in leadership at JC Penney help the retailer get their core customers back in the store? Dana Telsey, Telsey Advisory Group, discusses the company's future with former chief Mike Ullman now at the helm.
North Korea has taken 51,000 workers out of a factory complex that is jointly run with South Korea, and JC Penney's CEO Ron Johnson is stepping down, reports CNBC's Josh Lipton. Discussing gun control, with the "Kudlow Report" crew.
JC Penney faces challenges following the departure of CEO Ron Johnson, Macquarie Capital's Liz Dunn says.
Discussing the exit of JC Penney's CEO Ron Johnson and the stock's slumpd decline under his leadership, with Stacey Widlitz of S.W. Retail Advisors.
JC Penney CEO Ron Johnson is out and Mike Ullman will rejoin the company as CEO, receiving an annual base salary of $1 million.
Discussing just how JC Penney can move forward amid a management shake-up, with Liz Dunn, Macquarie Capital and CNBC's Scott Wapner. Also, Michael Burns, Lions Gate Chairman, discusses the season premiere of "Mad Men."
JC Penney has big questions to answer following the departure of CEO Ron Johnson, Macquarie Capital's Liz Dunn says.
Check out which companies are making headlines after the bell Monday:
Investors should take a wait-and-see approach on JC Penney after Ron Johnson's exit, the CNBC "Fast Money" traders say.
Mike Ullman is named the interim CEO of JC Penney, reports CNBC's Scott Wapner. The press release says Johnson is "stepping down."
According to sources, Ron Johnson is no longer the CEO of JC Penney, with the Fast Money traders and CNBC's Courtney Reagan.
CNBC's Scott Wapner reports according to a source, Ron Johnson is no longer the CEO of JC Penney.
Stocks reversed their early losses to end near session highs in thin trading Monday, but investors hesitated to jump in ahead of what is expected to be a lackluster first-quarter earnings season.