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JC Penney Shares Sink After Rough Earnings

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CPPRQ

Squawk on the Street

JC Penney Shares Sink After Rough Earnings

Brian Nagel, Oppenheimer analyst, explains why he has a "buy" rating on the retailer, despite its earnings miss and 28 percent drop in fourth quarter sales.

04:42

Thu, Feb 28 201310:15 AM EST

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

3 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

3 hours ago

Fed Chair Powell downplays 'stagflation' concerns

Fed Chair Powell downplays 'stagflation' concerns

3 hours ago

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

Fed Chair Powell: We will see inflation move down this year, but my confidence in it is lower

3 hours ago

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

Fed Chair Powell: We want to be careful not to target wage growth or the labor market

3 hours ago

Fed Chair Powell: The demand in the labor market is strong, but is cooling

Fed Chair Powell: The demand in the labor market is strong, but is cooling

3 hours ago

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

Fed's Jerome Powell: Inflation remains too high and path forward is uncertain

3 hours ago