Morning Movers: Qualcomm, J.C. Penney, Sohu.com

March 6 (Bloomberg) -- Bloomberg's Tom Keene, Scarlet Fu and Sara Eisen highlight the news you need to follow for today's trading. They speak on Bloomberg Television's "Bloomberg Surveillance."

Bechtel Among Bidders to Manage Saudi Projects
43:31 - Several international companies are bidding to manage a new initiative that's aimed at streamlining Saudi's state spending. The National Project Management Office was created to increase efficiency as the world's largest oil exporter tries to overhaul its crude-dependent economy. Bloomberg's Vivian Nereim reports on "Bloomberg Markets Middle East." (Source: Bloomberg)
  • Saudi Group Signs Deal to End Biggest Mideast Default
  • Goldman Sachs' Moe: Ball Is In Abe's Court
  • China Bans Internet News Reporting