ron johnson

J.C. Penney Posts Huge 1Q Loss

J.C. Penney reports a first-quarter big loss on a 16 percent revenue plunge as the chain continues to reel from the turnaround plan implemented by former CEO Ron Johnson.

5 Stocks to Watch this Week

From state-of-the art technology to good ole fashioned retailing, there's plenty of news waiting to break this week on Wall Street. Here's what to watch.