- Editor's PickYahoo Finance•yesterday
Stocks (^DJI, ^GSPC, ^IXIC) are flat to down at the midday mark, with the utilities sector (XLU) still in the green and telecom (IYZ) leading the way down. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange. To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance’s Rick Newman and Melody Hahm. Let’s talk now about President Donald Trump saying today that an improving economy will help pay for his plan to boost defense spending by tens of billions of dollars annually.
- American City Business Journals•2 hours ago
Beleaguered Cincinnati-based retail giant Macy's Inc. announced that a changing of the guard will take place at its top executive spot next month. Macy's (NYSE: M) announced alongside its fourth-quarter 2016 earnings that president Jeff Gennette will take over for CEO Terry Lundgren on March 23. It was previously announced that Gennette will take over for Lundgren, who led the company since 2004 and saw it rebound from the Great Recession, during the first quarter of this year.
- TheStreet.com•3 hours ago
S&P recently downgraded four retailers, while Moody's said the number of distressed retailers has tripled since the Great Recession.
M : Summary for Macy's Inc Common Stock - Yahoo Finance
Macy's, Inc. (M)
NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
|Day's Range||32.88 - 33.67|
|52 Week Range||28.55 - 45.50|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||15.00|
|Dividend & Yield||1.51 (4.50%)|
|1y Target Est||N/A|