Earnings Preview On the earnings front, CIT Group ( CIT ), Dell ( DELL ), Fossil (FOSL), Tesla Motors (TSLA), and ValueClick (VCLK) are slated to release their quarterly earnings reports. "We experienced significant network disruptions in the U.S. and Europe and unusually high costs from severe winter storms," said Alan Graf, FedEx's chief financial officer. Asian stocks didn't stray far from breakeven, as traders reacted to news that China's consumer price index (CPI) rose 4.9% in January.