Macy’s reported Q4 earnings with disappointing guidance, but "Fast Money" and RiskReversal.com’s Dan Nathan says now is the time to buy the stock.» Read More
Kohl's Corp. rose $2.11 or 2.9 percent, to $73.80. Macy's Inc. rose$. 14 or. 2 percent, to $63.72. Nordstrom fell$. 42 or. 5 percent, to $80.43.
Kohl's Corp. rose $2.27 or 3.2 percent, to $73.96. Macy's Inc. fell$. 19 or. 3 percent, to $63.40. Nordstrom fell$. 07 or. 1 percent, to $80.78.
Kohl's Corp. rose $1.60 or 2.2 percent, to $73.29. Macy's Inc. rose$. 02 or percent, to $63.60. Nordstrom rose$. 07 or. 1 percent, to $80.92.
Kohl's Corp. rose$. 79 or 1.1 percent, to $71.69. Nordstrom fell$. 34 or. 4 percent, to $80.85. J.C. Penney Co. rose$. 13 or 1.4 percent, to $9.12.
Feb 26- Department store chain J.C. Penney Co Inc reported a lower-than-expected quarterly adjusted profit as it discounted more during the holiday season and invested in store expansions. J.C. Penney posted a loss of $59 million, or 19 cents per share, in the fourth quarter ended Jan. 31, compared with a profit of $35 million, or 11 cents per share, a year earlier.
NEW YORK, Feb 26- A New York state appeals court on Thursday revived most of Macy's Inc's lawsuit accusing JC Penney Co of interfering improperly with its exclusive merchandising contract with Martha Stewart Living Omnimedia Inc.. It also agreed that Macy's third claim against JC Penney was valid, but that Macy's did not deserve punitive damages.
Kohl's Corp. rose$. 60 or. 8 percent, to $71.50. Macy's Inc. fell$. 56 or. 9 percent, to $63.02. Nordstrom fell$. 01 or percent, to $81.18.
Feb 26- Macy's Inc's planned push into the off-price retailing sector, dominated by chains such as TJX Cos Inc's TJ Maxx, shows the venerable department store chain has faced up to new realities of retailing in the United States. Since so many peoples' salaries are off-price they also need to shop that way, "said Robert Brusca, chief economist at consulting firm Fact...
NEW YORK, Feb 26- A New York state appeals court has revived two claims accusing JC Penney Co Inc of interfering improperly with a merchandising contract between Macy's Inc and Martha Stewart Living Omnimedia Inc. In a decision on Thursday, the appeals court said a lower court judge erred last June in dismissing Macy's claims that J C Penney breached the...
Kohl's Corp. fell$. 03 or percent, to $70.87. Macy's Inc. fell$. 16 or. 3 percent, to $63.42. Nordstrom fell$. 30 or. 4 percent, to $80.89.
Kohl's Corp. rose $1.07 or 1.5 percent, to $71.04. Macy's Inc. rose $1.73 or 2.8 percent, to $63.83. Nordstrom rose $1.25 or 1.6 percent, to $81.44.
As it begins testing off-price locations, Macy's faces headwinds that its competitors didn't have to grapple with.
Kohl's Corp. rose$. 46 or. 7 percent, to $70.43. Macy's Inc. rose $1.14 or 1.8 percent, to $63.24. Nordstrom rose$. 42 or. 5 percent, to $80.61.
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Housing data will take investor focus as repeated presentation of Yellen's remarks and subdued geopolitical news keep the economy in the spotlight.
Kohl's Corp. fell$. 03 or percent, to $69.97. Macy's Inc. fell $2.06 or 3.2 percent, to $62.10. Nordstrom fell$. 55 or. 7 percent, to $80.56.
U.S. stocks closed at highs as Yellen's congressional testimony indicated that a rate hike would likely come later rather than sooner.
Kohl's Corp. fell$. 42 or. 6 percent, to $69.58. Macy's Inc. fell $2.26 or 3.5 percent, to $61.90. Nordstrom fell$. 62 or. 8 percent, to $80.49.
*Expects FY earnings $4.70- $4.80/ shr vs est. Feb 24- Macy's Inc said sales and margins in the current quarter would be hurt by disruptions at U.S. West Coast ports, and the retailer forecast full-year profit and revenue that fell short of analysts' expectations. The company, which operates the upscale Bloomingdale's chain as well as its namesake stores, forecast...
CINCINNATI _ Macy's Inc. on Tuesday reported fiscal fourth-quarter earnings of $793 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share. Analysts expected $9.39 billion, according to Zacks.