Company
NYSE:M
Macy’s is a retail organization operating retail stores and Internet Websites under two brands - Macy’s and Bloomingdale’s - that sell a range of merchandise, including men’s, women’s and children’s apparel and accessories, cosmetics, home furnishings and other consumer goods in 45 states.
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US stocks closed softer on Thursday as a valiant effort by oil prices to rally was not enough to cancel out a slew of poor labour market data and retail sector bad news which upset investors
In a blow to the US retailing sector, never mind Macy’s, the stock was on Thursday put on creditwatch by ratings agency Standard & Poor’s
"Sales were volatile throughout the holiday season," said the company boss
US stock tickers pared losses early on Thursday as oil prices lifted and cancelled out a slew of poor labour market data and company-specific news which upset investors
The well-known department store is shutting down 68 stores and cutting more than 1000 jobs as a result
US stocks edged lower on Friday, as prospects for fresh record highs faded and markets reflected on how much more monetary tightening to expect from the Federal Reserve after this week’s rate hike
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It's been an underwhelming day for the retail sector which opened its doors to the Black Friday discounted shopping extravaganza
When Black Friday comes, I'll stand down by the door - Steely Dan (1975)
US stocks closed a half-day on Friday at a record high, even without the help of oil prices.
US stocks seesawed through Thursday, with the Dow hitting a record high intraday and close, as banks and pharma stocks lapped up the perceived benefits of President-elect Donald Trump’s victory, while tech stocks sank on worries about his f
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Exxon Mobil downgraded, Chevron upgraded by Goldman
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Every retailer likes to hear the word “buy” and that was in the vocabulary of brokers at Guggenheim when they opted on Friday to initiate coverage Amazon.com, Nike, Macy’s, Coach and other retail stocks. Meanwhile, Wal-Mart also received so
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Vitae Pharmaceuticals shares may have rocketed by 160% after Allergan said it would buy the company on Wednesday, but brokers at Wedbush downgraded the small stock to neutral and trimmed the share price target to $21
Positive jobs data, retail news and a leaked interview out of Saudi Arabia help keep stocks up.
US stocks were within a hair’s breadth of marking a fresh intraday high at midsession on Thursday as the S&P 500 hit an intraday peak of 2,187.26 – untypically thanks to gains for traditional department store stocks and a mistakenly dissemi
Operating income for the second quarter was $372 million or 6.4% of sales, compared to $436 million or 7.1% of sales for the same period last year.
US shares are expected to continue their record march upwards
US stocks nearly wipe out initial losses into the Thursday close, after oil prices briefly overshoot $47 and amid speculation Japan could expand its monetary stimulus soon
US shares are lower at midsession as the retail sector continues to display disappointing trading updates and US jobs data unsettles pro-growth investors
A look at the market open in New York, where indices were mixed
