Investments and investor services
FTSE 100 Index rises as traders welcome no rate change for now
The FTSE 100 Index recovered earlier losses to stand 22.4 points ahead at 6184 by lunchtime
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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Investments and investor services
The FTSE 100 Index recovered earlier losses to stand 22.4 points ahead at 6184 by lunchtime
Adjusted earnings per share of 31 cents were six cents shy of the Street's expectation
US futures point to a higher open on Wall Street on Thursday...
Investments and investor services
The FTSE 100 Index opened about 58 points adrift but pared some of the losses in later trading
US stocks close lower, with the retail sector pulling shutters down on poor trading updates and called-off mergers, overwhelming the spoils of oil price gains
If the oil and commodities sectors have had a rough ride this year, traders' shun words on Wednesday on Wall Street were Macys, Staples, and retail as US faces up to worst M&A deal failures on record
US stocks are weighed down by poor trading updates from Walt Disney and Macy's as well as the collapse of a proposed merger between Staples and Office Depot
Investments and investor services
The EIA reported a 3.4mln barrel decline in stockpiles last week.
The EIA reported a 3.4mln barrel decline in stockpiles last week.
Hardware & electrical equipment
Bill Gates has opined on the FBI-Apple legal wrangle but has staying on the fence made matters worse for phone makers Apple and Microsoft?
US retailers' shares suffered the fallout from investors after Ralph Lauren and Kohl warned of a tough 2016 when delivering their downbeat holiday-quarter results on Thursday
US markets are poised to continue the lower run as futures point to a lower open on Wall Street as investors mull macro fears and look to jobless data later this morning.
Below are the main news driven share price changes at 11:34 a.m. in New York on Wednesday:
Holiday workers to rise 25% as rivals’ hiring left unchanged
Investments and investor services
At the time of writing, the benchmark Dow Jones was down 205 points at 17,199, the Nasdaq was down 62 to 4,973 and the broader based S&P500 lost 21 to 2,063.
Wall Street stretched its losses in heavy trading today after a collapse in Greek bailout talks raised fears that the country could be the first to exit the euro zone. The S&P 500 (INDEXSP:.INX) skidded 2 percent to 2,058.63 at 3:45 p.m
U.S. stocks traded in a narrow range today as corporate deal activity was offset by concern a fixed-income selloff may resume, and investors considered a downbeat retail sales report. The S&P 500 (INDEXSP:.INX) inched down less than 0.1