While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.» Read More
GameStop shares took a hit after Microsoft unveiled its Xbox One and it said it wouldn't play used games, or would charge a fee to do so. Paul Raines, CEO of GameStop, offers insight on the quarter and the console business.
Clothing-store chain Gap delivered earnings and revenue that beat expectations, an encouraging sign for the retail sector.
The department-store chain saw its loss more than quadruple, a big miss. Shares fell sharply after-hours.