J.C. Penney Names Marvin Ellison to CEO

The video covers the top ten stories before the market opens. It discusses Janus Capital's acquisition of VelocityShares, JCPenney's leadership transition with Marvin Ellison, the data breach at Kmart, and criticism of Marissa Mayer's leadership at Yahoo. Each segment provides insights into the companies' strategies and challenges.

What strategic move did Janus Capital Group make under Bill Gross's leadership?

• Launched a new bond fund

• Acquired a mutual fund company

• Merged with PIMCO

• Acquired VelocityShares

Who is set to take over as CEO of JCPenney?

• Michael Wolff

• Bill Gross

• Marvin Ellison

• Mike Ullman

What was JCPenney's condition under Mike Ullman's leadership?

• The company was stagnant

• The company was expanding rapidly

• The company was recovering

• The company was closing

What was Kmart's response to the hacking incident?

• Providing free shopping vouchers

• Issuing a public apology

• Offering free credit monitoring

• Offering discounts on future purchases

What was the general sentiment about the free credit monitoring offered by Kmart?

• It was considered insufficient

• It was praised for its effectiveness

• It was seen as a generous offer

• It was ignored by customers

What criticism did Michael Wolff have for Marissa Mayer?

• She was not innovative enough

• She was too aggressive

• She was managing hopelessness at Yahoo

• She was too focused on Alibaba

What major event shifted Marissa Mayer's focus back to Yahoo?

• A new product launch at Yahoo

• Yahoo's merger with another company

• Alibaba's IPO

• Yahoo's acquisition of Alibaba