JC Penney reported a bigger quarterly loss and lower revenue than expected. CEO Mike Ullman vowed to put the retailer "back on a path to profitable growth."
The growing role of the U.S. as a major energy producer is changing the dynamic of the energy market. U.S. oil production continues to accelerate at a surprising rate, and the government now predicts the U.S. industry could pump 14 percent more oil this year alone.
What to expect in tomorrow's trading session, with Cliff Davis, BNP Paribas; Robert Luna, SureVest Capital Management; and Laif Meidell, American Wealth Management.
The "Squawk on the Street" news team reports on today's market moving stories; including Yum! Brands' China battle; Sears' executive shuffle; and Target's plan to match online prices.
KFC parent Yum Brands on Monday warned that sales in its key China division shrank more than expected in the fourth quarter, and it reiterated an earnings forecast that was below what Wall Street expected.
Earnings season unofficially kicks off Tuesday. From Sandy to the "fiscal cliff" get ready to here every excuse in the book for weak profits and revenue!
The market moved on relief the U.S. averted the worst regarding the "fiscal cliff." CNBC's Maria Bartiromo explains why investors should keep market expectations in check.
It's a crucial reporting season for companies as markets worry about Washington, with Nick Raich, Key Private Bank; Chris Konstantinos, Riverfront Investment Group; and Rich Peterson, Standard & Poor's Capital IQ.
Matt Rubin, CIO, Neuberger Berman Trust advises investors to look at individual companies with attractive valuations and emerging market exposure to weather any economic "storms".
The "Squawk on the Street" news crew report on all the market moving stories of the day. Among the stories: a look at the battle on Capitol Hill over the debt ceiling; the outlook on earnings; and the Basel Committee relaxing liquidity standards for banks.
Richard Bernstein, Richard Bernstein Advisors CEO; James Paulsen, Wells Capital Management; and Barry Knapp, Barclays, provide a preview of earnings season and how to play the S&P 500's five year high.