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Macys Inc

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  • *First-qtr profit $0.56/ shr vs est $0.62. May 13- Macy's Inc forecast a lower second-quarter profit as it marks down merchandise received late due to a strike at West Coast ports and foreign tourists spend less as the dollar stays strong. Macy's, which operates the upscale Bloomingdale's chain as well as its namesake stores, said first-quarter profit and sales...

  • Macy's profit misses; buyback plan raised by $1.5B Wednesday, 13 May 2015 | 11:15 AM ET
    A shopper walking with a Macy's shopping bag in New York.

    Macy's delivered quarterly earnings that fell short of expectations on Wednesday, and raised its share buyback program by $1.5 billion.

  • April retail sales spell bad news for Q2 GDP Wednesday, 13 May 2015 | 10:38 AM ET
    A shopper leaves a Banana Republic store in New York.

    What happened to retail? It looks sluggish, despite a lot of noise.

  • WASHINGTON, May 13- U.S. retail sales were flat in April as households cut back on purchases of automobiles and other big-ticket items, indicating the economy was struggling to rebound strongly after barely growing in the first quarter. The weak retail sales report from the Commerce Department, and other data on Wednesday showing the 10th straight month of...

  • Cramer: Don’t sell Macy’s stock Wednesday, 13 May 2015 | 10:02 AM ET
    Taxi's drive past Macy's Inc. flagship store in New York.

    CNBC's Jim Cramer explains why investors should not sell Macy's shares despite its disappointing first-quarter results.

  • Cramer: Why you shouldn't sell Macy's   Wednesday, 13 May 2015 | 9:09 AM ET
    Cramer: Why you shouldn't sell Macy's

    CNBC's Jim Cramer explains why investors should not sell their Macy's shares.

  • Futures pare gains on retail sales; earnings eyed Wednesday, 13 May 2015 | 8:48 AM ET
    Pedestrians carry Bloomingdale's shopping bags while walking in New York.

    U.S. stock index futures pared gains as data showed consumer spending remained muted despite warmer weather and lower gas prices.

  • May 13- Macy's Inc reported a lower-than-expected quarterly profit due to a strong dollar that hurt foreign tourist spending in the United States, colder-than-usual weather in February and disruptions at West Coast ports that held up imports. Macy's, which operates the upscale Bloomingdale's chain as well as its namesake stores, also said it increased its...

  • Macy's quarterly profit falls 14 pct Wednesday, 13 May 2015 | 8:12 AM ET

    May 13- Macy's Inc reported a 14 percent drop in quarterly profit, hurt by lower foreign tourist spending in the United States, colder-than-usual weather in February and disruptions at West Coast ports. The department store operator's net income fell to $193 million, or 56 cents per share, in the first quarter ended May 2 from $224 million, or 60 cents per share, a...

  • Retail sales will decide whether bears come back Wednesday, 13 May 2015 | 5:58 AM ET
    A customer leaves a Tory Burch store on Madison Avenue in New York, Sept. 3, 2014.

    April's retail sales report Wednesday could bring back the bond bears if it shows a nice rebound in the economy.

  • Will Macy's earnings beat expectations?   Wednesday, 13 May 2015 | 5:50 AM ET
    Will Macy's earnings beat expectations?

    Paul Trussell, retail equity research at Deutsche Bank, gives his thoughts on what to expect from Macy's Q1 earnings report, due later today.

  • Retail sales will decide whether the bears are back Tuesday, 12 May 2015 | 3:14 PM ET
    A customer leaves a Tory Burch store on Madison Avenue in New York, Sept. 3, 2014.

    April's retail sales report Wednesday could bring back the bond bears if it shows a nice rebound in the economy.

  • Can Macy's get off-price right?   Monday, 11 May 2015 | 12:09 PM ET
    Can Macy's get off-price right?

    Gerald Storch, Hudson's Bay Company CEO, shares his thoughts on Macy's plans to enter the value price market, and the currency hit to luxury retailers.

  • Traders look to retailers to move markets to highs Monday, 11 May 2015 | 10:21 AM ET
    A Gap store in New York.

    Consumers seem to be spending money on cars, student loans, electronics and dining, but not on retail in general.

  • Stocks could rally this week Monday, 11 May 2015 | 5:58 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • Stocks could rally this week Monday, 11 May 2015 | 4:37 AM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks could march into record territory in the week ahead—unless the economy starts to look too strong, or then again, too weak.

  • Trading retail: 4 plays ahead of earnings Friday, 8 May 2015 | 6:48 PM ET
    A customer carries a shopping bag while walking through the Macy's Inc. flagship store in New York.

    "Fast Money" traders discussed how to play retail companies, including Macy's, J.C. Penney and Ralph Lauren.

  • Cramer game plan: Traders must worry about this Friday, 8 May 2015 | 6:10 PM ET
    A welder builds parts for finished petroleum tanks at Southern Tank and Manufacturing Inc. in Owensboro, Kentucky.

    Jim Cramer predicts that one number announced next week will have traders worried when he reveals his game plan of stocks to watch.

  • *Microsoft jumps on news it's not pursuing Salesforce. May 8- U.S. stock indexes jumped more than 1 percent on Friday as strong jobs data indicated the U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal Reserve. "Right now, the market's been pricing for December and the...

  • Wal-Mart, Target Corp, T.J. Maxx, Gap, and McDonald's Corp have already announced wage increases, and the trend appears to be trickling further into the retail and restaurant sectors. So far in this reporting season, companies such as Bed Bath& Beyond Inc and Buffalo Wild Wings Inc have discussed wage pressure, while Pier 1 Imports Inc plans incentive pay for the...