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Macy's Inc

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  • Macy's Cuts Its Workforce Monday, 2 Feb 2009 | 1:50 PM ET

    Macy's announcement that they are slashing their dividend and laying off 4 percent of their workforce cost us 60 points on the Dow, but it is not a surprising announcement.

  • More Layoffs Announced—Is Your Firm On the List? Monday, 2 Feb 2009 | 1:28 PM ET

    A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.

  • Stocks Rally to the Finish, Led by Banks Wednesday, 28 Jan 2009 | 5:07 PM ET

    Stocks ended at session highs Wednesday, led by banks, amid enthusiasm for this so-called "bad bank" plan and as the $825 billion stimulus package neared approval.

  • Stocks Rise In Face Of Bank Bailouts Friday, 16 Jan 2009 | 6:16 PM ET

    The Dow rose on Friday on strength in the energy sector and companies that hold up well in recessions...

  • "Short" Shopping Spree Wednesday, 14 Jan 2009 | 6:35 PM ET

    Retailers may be licking their wounds but if you’re a shark you could make a killing. Following are some stocks you might short!

  • The Career You Start Could Save Your Own Monday, 12 Jan 2009 | 10:51 AM ET

    In all likelihood, if you’re an exec and actively employed, you have been and will be intimately involved in decisions about who should stay and who should go, how many, and when. Since most of our 21st century businesses rely heavily on Human Capital, these decisions will inevitably affect your company’s performance and more personally: your career.

  • Stocks End Mixed Ahead of Jobs Report Thursday, 8 Jan 2009 | 4:21 PM ET

    Stocks ended mixed as dismal December retail sales — notably from discount giant Wal-Mart — offset strength in techs, led by Microsoft.

  • Retail Boom or Bust? Thursday, 8 Jan 2009 | 3:50 PM ET

    The market is pouring over a dismal set of numbers from the retail sector. And retail analyst Howard Davidowitz sees a trade!

  • Stocks Pare Losses, Helped by Microsoft Thursday, 8 Jan 2009 | 2:57 PM ET

    Stocks took a hit from weak December retail sales — even from some of the biggest discount names — but trimmed losses arround midday as strength from Microsoft helped push the Nasdaq into positive territory.

  • Wal-Mart Hits Stocks; Microsoft Boosts Tech Thursday, 8 Jan 2009 | 10:51 AM ET

    Weaker-than-expected December numbers from Wal-Mart sent stock futures sharply lower as retailers overall painted a bleak picture of holiday sales.

  • Wal-Mart's Big "Surprise" Thursday, 8 Jan 2009 | 9:12 AM ET

    Futures dropped 5 points on disappointing guidance from Wal-Mart. We were expecting a poor December retail sales report, and for the most part it did not disappoint.

  • Weak Wal-Mart Sales Send Futures Lower Thursday, 8 Jan 2009 | 9:10 AM ET

    Weaker-than-expected December numbers from Wal-Mart sent stock futures sharply lower as retailers overall painted a bleak picture of holiday sales.

  • Retail’s Long-Term Trends Friday, 2 Jan 2009 | 6:58 PM ET

    Expect more bankruptcies and retail store closings this year. But after 2009 is done the surviving stores may be sitting pretty.

  • Dow Tops 9,000 Amid New Year Optimism Friday, 2 Jan 2009 | 5:51 PM ET

    Stocks rebounded Friday as investors displayed some optimism for the new year, scooping up bargains in the consumer discretionary and energy sectors. The Dow ended above 9,000 for the first time since early November.

  • Dow Breaches 9,000 Amid New Year Optimism Friday, 2 Jan 2009 | 5:35 PM ET

    Stocks rebounded Friday, pushing the Dow above the key 9,000 mark as investors rang in the new year with optimism, scooping up bargains.

  • Stocks Surge To Start 2009 Friday, 2 Jan 2009 | 5:32 PM ET

    The Dow started the new year with a big jump on Friday as investors looked beyond grim economic data on hopes that a recovery is on the horizon after a disastrous 2008.

  • Dow Jumps 100 Amid New Year Optimism Friday, 2 Jan 2009 | 12:46 PM ET

    Stocks rebounded Friday, led by consumer discretionary and energy, after a quick dip triggered by an ISM report that showed manufacturing activity at a 28-year low.

  • Stocks Log Best Year-End Rally Ever! Wednesday, 31 Dec 2008 | 5:21 PM ET

    Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.

  • Stocks Tick Higher on Last Day of '08 Wednesday, 31 Dec 2008 | 2:42 PM ET

    Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.

  • Stocks Tick Higher on Last Day of '08 Wednesday, 31 Dec 2008 | 11:24 AM ET

    Will Santa squeak in a rally before the ball drops? Early moves suggest it could happen: Stocks continued to rise Tuesday, adding to the more than 2-percent gain logged on Wednesday.