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Macy's Inc

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  • May 15- Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival department stores. The retailer, which operates the Macy's and high-end Bloomingdale's chains, said comparable sales rose 3.8 percent in the quarter, a slightly below Wall Street expectations.

  • *Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data.

  • US STOCKS-Wall St extends rally as tech shares lead Wednesday, 15 May 2013 | 12:00 PM ET

    *Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data.

  • US STOCKS-Wall Street holds flat after data; Deere weighs Wednesday, 15 May 2013 | 10:43 AM ET

    *Empire State contracts to lowest level in four months. NEW YORK, May 15- U.S. stocks slipped on Wednesday, as both the Dow and S&P 500 held near their most recent record highs after a flurry of economic data did little to upset investor expectations for central bank policies.

  • Early Glance: Department Store Retail companies Wednesday, 15 May 2013 | 10:23 AM ET

    Kohl's Corp. fell$. 05 or. 1 percent, to $49.14. Macy's Inc. rose$. 62 or 1.3 percent, to $48.01. Nordstrom rose$. 09 or. 1 percent, to $61.33.

  • Strange Days: Roaring Markets but Sketchy Data Wednesday, 15 May 2013 | 9:32 AM ET
    The Dow closed above 15,000 for the first time ever, hitting 15,056.

    Rep. Scott Garrett intends to show that he and his committee are serious about oversight of the Securities and Exchanges Commission.

  • Futures Hold Losses After Economic Reports Wednesday, 15 May 2013 | 9:18 AM ET

    U.S. stock index futures remained lower Wednesday following a batch of tepid economic reports and a day after the Dow and the S&P 500 rallied to close at fresh highs.

  • May 15- Macy's Inc reported higher first-quarter profit and sales on Wednesday despite weak demand from some of its customers, and the department store operator raised its quarterly dividend 25 percent.

  • Macy's Posts Earnings Beat; Hikes Dividend Wednesday, 15 May 2013 | 8:14 AM ET
    Macy's flagship store in Herald Square, New York City.

    Macy's reported quarterly earnings that beat analysts' expectations, with strong sales that allowed the company to hike its dividend.

  • May 15- Macy's Inc on Wednesday reported higher first-quarter profit and sales despite cool weather in much of the country that delayed spring shopping for many customers, and the department store chain raised its quarterly dividend 25 percent.

  • Are Out-of-Sync Markets Sending a Message? Tuesday, 14 May 2013 | 6:42 PM ET

    It's an unusual combination: Rising stock market, rising Treasury yields and a firming dollar. Here's what it might mean.

  • May 14- North American retailers on Tuesday discussed forging their own Bangladesh safety agreement--an alternative to a legally binding accord that many European retailers have signed on to--though details of any alternative accord were still unclear.

  • Final Glance: Department Store Retail companies Tuesday, 14 May 2013 | 6:02 PM ET

    Kohl's Corp. rose $1.02 or 2.1 percent, to $49.19. Macy's Inc. rose$. 51 or 1.1 percent, to $47.39. Nordstrom rose$. 75 or 1.2 percent, to $61.24.

  • The trade associations collaborating on a possible North American plan include the National Retail Federation, Retail Industry Leaders Association, American Apparel& Footwear Association, United States Association of Importers of Textiles and Apparel, Retail Council of Canada and Canadian Apparel Federation, according to people familiar with the talks.

  • Midday Glance: Department Store Retail companies Tuesday, 14 May 2013 | 2:10 PM ET

    Kohl's Corp. rose$. 75 or 1.6 percent, to $48.92. Macy's Inc. rose$. 43 or. 9 percent, to $47.31. Nordstrom rose$. 52 or. 9 percent, to $61.01.

  • May 14- North American retailers may join together on their own Bangladesh safety agreement, an alternative to a legally-binding accord that mainly European retailers have signed onto, according to a person with knowledge of the discussions.

  • Business events scheduled for Wednesday Tuesday, 14 May 2013 | 12:53 PM ET

    WASHINGTON _ Labor Department releases the Producer Price Index for April, 8:30 a.m. Eastern. WASHINGTON _ Treasury releases international money flows data for March, 9 a.m.. WASHINGTON _ National Association of Home Builders releases housing market index for May, 10 a.m..

  • Early Glance: Department Store Retail companies Tuesday, 14 May 2013 | 10:36 AM ET

    Kohl's Corp. rose$. 21 or. 4 percent, to $48.38. Macy's Inc. rose$. 25 or. 5 percent, to $47.13. Nordstrom fell$. 15 or. 2 percent, to $60.34.

  • Final Glance: Department Store Retail companies Monday, 13 May 2013 | 6:02 PM ET

    Kohl's Corp. fell$. 73 or 1.5 percent, to $48.17. Macy's Inc. fell$. 35 or. 7 percent, to $46.88. Nordstrom rose $1.32 or 2.2 percent, to $60.49.

  • Midday Glance: Department Store Retail companies Monday, 13 May 2013 | 1:18 PM ET

    Kohl's Corp. fell$. 57 or 1.2 percent, to $48.33. Macy's Inc. fell$. 38 or. 8 percent, to $46.85. Nordstrom rose$. 76 or 1.3 percent, to $59.93.