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Macy's Inc

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  • After Yellen, investor eyes shift to housing Tuesday, 24 Feb 2015 | 6:15 PM ET
    Janet Yellen

    Housing data will take investor focus as repeated presentation of Yellen's remarks and subdued geopolitical news keep the economy in the spotlight.

  • Final Glance: Department Store Retail companies Tuesday, 24 Feb 2015 | 6:02 PM ET

    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.

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed at highs as Yellen's congressional testimony indicated that a rate hike would likely come later rather than sooner.

  • Midday Glance: Department Store Retail companies Tuesday, 24 Feb 2015 | 1:17 PM ET

    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...

  • Macy's tops 4Q profit forecasts Tuesday, 24 Feb 2015 | 11:58 AM ET

    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.

  • Early Glance: Department Store Retail companies Tuesday, 24 Feb 2015 | 11:24 AM ET

    Kohl's Corp. rose$. 05 or. 1 percent, to $70.05. Macy's Inc. fell$. 34 or. 5 percent, to $63.82. Nordstrom fell$. 41 or. 5 percent, to $80.70.

  • Waiting for Yellen Q&A, but QE helping elsewhere Tuesday, 24 Feb 2015 | 10:21 AM ET
    The Federal Reserve building in Washington.

    As investors await word on U.S. interest rate increases, quantitative easing certainly seems to be helping stock markets in Europe and Japan.

  • Feb 24- Department store chain Macy's Inc reported a weaker-than-expected rise in sales in the holiday quarter and forecast full-year profit and revenue that missed analysts expectations as the company invests in new lower-priced and international stores. While TJX Companies Inc and Ross Stores Inc run only off-price stores, upscale retailer Nordstrom...

  • US stocks on edge as eyes fix on Yellen Tuesday, 24 Feb 2015 | 9:12 AM ET
    Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee July 15, 2014 in Washington, DC.

    U.S. stock index futures signaled a flat open on Tuesday, as investors await hints on the timing of a rate rise at Fed Chair Janet Yellen's speech.

  • Macy's holiday-quarter sales miss estimates Tuesday, 24 Feb 2015 | 8:24 AM ET
    Taxi's drive past Macy's Inc. flagship store in New York.

    Department store chain Macy's reported a 2 percent rise in sales in the holiday shopping quarter, falling short of analysts' estimates.

  • Macy's holiday-quarter sales miss analysts' estimates Tuesday, 24 Feb 2015 | 8:18 AM ET

    Feb 24- Department store chain Macy's Inc reported a less-than 2 percent rise in sales in the holiday shopping quarter, falling short of analysts' estimates. Macy's net income fell to $793 million in the fourth quarter ended Jan. 31, from $811 million a year earlier. However, earnings rose to $2.26 per share from $2.16 due to a lower share count.

  • Watch this part of Yellen’s remarks for a mover Tuesday, 24 Feb 2015 | 5:50 AM ET
    Trader on the floor of the New York Stock Exchange.

    Greater clarity over an interest rate hike could come on Tuesday or Wednesday as Federal Reserve Chair Janet Yellen speaks with Congress.

  • Final Glance: Department Store Retail companies Monday, 23 Feb 2015 | 6:04 PM ET

    Kohl's Corp. rose$. 50 or. 7 percent, to $70.00. Macy's Inc. rose$. 46 or. 7 percent, to $64.16. Nordstrom fell$. 63 or. 8 percent, to $81.11.

  • Watch this part of Yellen’s remarks for a mover Monday, 23 Feb 2015 | 6:03 PM ET
    Trader on the floor of the New York Stock Exchange.

    Greater clarity over an interest rate hike could come on Tuesday or Wednesday as Federal Reserve Chair Janet Yellen speaks with Congress.

  • Midday Glance: Department Store Retail companies Monday, 23 Feb 2015 | 1:20 PM ET

    Kohl's Corp. rose$. 36 or. 5 percent, to $69.86. Macy's Inc. fell$. 08 or. 1 percent, to $63.62. Nordstrom fell$. 80 or 1.0 percent, to $80.94.

  • Some stocks have shown they can brave the cold Monday, 23 Feb 2015 | 10:48 AM ET

    There's no doubt many businesses across the U.S. have suffered greatly from this year's winter storms. But not everybody.

  • Early Glance: Department Store Retail companies Monday, 23 Feb 2015 | 10:40 AM ET

    Kohl's Corp. rose$. 23 or. 3 percent, to $69.73. J.C. Penney Co. rose$. 16 or 1.9 percent, to $8.38. Sears Holdings Corp. rose$. 16 or. 4 percent, to $36.82.

  • Investors brace for more 'Wal-Mart raises' Monday, 23 Feb 2015 | 9:08 AM ET
    Walmart employee Yurdin Velazquez pushes grocery carts at a Walmart store on February 19, 2015 in Miami, Florida.

    Wal-Mart workers just scored a raise. Now retail investors are wondering – are more pay hikes coming?

  • Cramer's game plan: Expect major news on this Friday, 20 Feb 2015 | 6:15 PM ET
    Spanish Finance Minister Luis de Guindos, left, talks with Greek Finance Minister Yanis Varoufakis at a euro zone finance ministers meeting to discuss Athens' plans to reverse austerity measures, in Brussels, Feb. 20, 2015.

    With the Dow soaring to new highs, Jim Cramer is ready to do some buying in case the euphoria wears off.