Europe is down for the second consecutive day. Our road map begins with jcpenney, a pleasant october surprise as comp sales rise for the month. Trends look upbeat for the month and is giving the stock a big boost in the premarket. Deere jumps on quarterlies but lowes falls. And youre going to want to hear what yahoo Ceo Marissa Mayer had to say last night in San Francisco. Well have that for you. Shares of jcpenney up sharply despite a wider than expected quarterly lost. Mike ullman says penneys is encouraged by the open in november. Theyre talking 2 billion plus in liquidity, sequential increases in margins and comps. There was a whisper around they would lose 2. This is the agabeginning what i have would call the normalization of jcpenney. Theyre going to go back to being nothing, just another retailer. Theyll be like kohls. Well talk about jcpenney like kohls. Main thing is you want to buy pvh because they were the supplier that stuck with the previous guy. Notice i didnt call him c
Good morning aesh within. It is wednesday, december fifth. We begin with the new Court Filings from the special counsel concerning former National Security advisor, Michael Flynn. Muellers team says flynn has are provided substantial assistance with with several ongoing investigations and advising he receive little or no prison time. Flynn has provided interactions between the Transition Team and government officials. Flynn has met with the special counsels team 19 times and provided them with documents and commune kaez. The memo said flynn began providing information to investigators not long after the government first sought his coopries. His early cooperation was particularly valuable because he was one of the few people with longterm insight. It also extends to a criminal investigation, separate from Mueller Probe but the next 22 lines in the document have been completely redacted. President trumps legal team is weighing in on the new court filing. National political reporter. Good
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and we re already talking about the presidential elections not too far away. knew overnight, the associated press declared republican george raff knowledgesperger in georgia. john barrow is not ready to concede, however. right now, it appears the number of absentee ballots that have not been counted is greater than the margin of difference. in order to make sure every voice is heard, it was tweeted they need to make sure every vote is counted. coming up, axios s jim vandehei has a look at this morning s one big thing. coming up on morning joe, more on the new court filing over michael flynn. what is reveal about flynn s