FedEx, General Mills Earnings Ahead & Jim Cramer's Shopping Pick

Jim Cramer has a new pick at the mall -- a handbag maker that has turned its product line around with a new CEO and creative director, and it's this morning's Action Alert pick. FedEx, General Mills and Guess all set to report earnings today. And Oracle disappointed on the top and bottom line--but there were some highlights to the company's numbers, despite shares being down three percent as we head into the open.