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    Today's change

    -0.27 / -0.67%

    1 year change


    As of Aug 24 2016 21:01 BST. Data delayed by at least 15 minutes.

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  1. Fast FT

    August 17, 2016

    Macy's closures leave $3.6bn in mortgage bonds at risk

    Macy’s plans to shutter 100 stores have put $3.64bn in securitised mortgage bonds at elevated risk of impairment,...

  2. August 11, 2016

    Chesapeake Energy rallies after sale of shale assets in Texas

    Shares in Chesapeake Energy rallied on Thursday after the company announced the sale of its shale operations in the...

  1. August 11, 2016

    Macy’s to close 100 stores in face of falling sales

    Macy’s said on Thursday that it was closing 100 stores in the face of declining traffic in shopping centres and stiff...

  2. Fast FT

    August 11, 2016

    Macy's to shutter 100 stores

    Macy’s is closing 100 stores as the company tries to right its ship in a world where department stores continue to see...

  3. June 23, 2016

    Micron shares jump after double analyst shift

    Micron shares rallied on Thursday after two investment banks took a bullish stance on the semiconductor group that has...

  4. June 23, 2016

    Macy’s picks 33-year veteran as new chief

    Macy’s has appointed one of its longest-serving managers to replace Terry Lundgren as chief executive, amid heightened...

  5. Fast FT

    June 23, 2016

    Macy's replaces CEO as sales struggle

    Terry J Lundgren’s 13.5-year run as chief executive of Macy’s will be coming to an end early next year as the US...

  6. May 18, 2016

    Tesla jumps after Goldman Sachs backing

    Tesla shares shifted into top gear on Wednesday after the electric vehicle maker was upgraded by analysts at Goldman...

  7. May 13, 2016

    US retail: in a box

    Successful retailing has two pillars. The aesthetics must to be right, and the supply chain must run smooth. America’s...

  8. May 11, 2016

    Macy’s joins American retail descent into the doldrums

    Macy’s shares sank as much as 13 per cent on Wednesday, dragging some of the biggest names in American retail down with...

  9. Fast FT

    May 11, 2016

    US retail stocks hit by Macy's profit warning

    As a bellwether for department stores, Macy’s profit warning and grim assessment of US consumer spending are sending...

  10. January 20, 2016

    David Einhorn’s Greenlight Capital takes stake in Macy’s

    David Einhorn’s Greenlight Capital has taken a stake in Macy’s, it emerged on Tuesday, sending shares in the struggling...

  11. Fast FT

    January 19, 2016

    Macy's shares pop on reports of Einhorn stake

    Activist investor David Einhorn’s Greenlight Capital has gone shopping for shares in Macy’s, the struggling US...

  12. Fast FT

    January 7, 2016

    Standard & Poor's sours on Macy's, Nordstrom

    No holiday cheer for US retailers? Standard & Poor’s has put both Macy’s and Nordstrom on review for a credit rating...

  13. January 7, 2016

    JC Penney bests Macy’s in holiday sales growth

    The key US holiday shopping period has played out very differently for JC Penney and Macy’s, two of the best-known US...

  14. Fast FT

    January 6, 2016

    Macy's axes jobs after disappointing holiday sales

    Macy’s, the US retailer best known for its flagship store in Manhattan, has cut its earnings outlook and said that it...

  15. December 29, 2015

    Department stores: still serving

    A simple post-Christmas task to ease you back in after all the turkey: build a bear case for the department store. It...

  16. November 30, 2015

    US retailers roll out new discounts for Cyber Monday

    Big US retailers were on Sunday rolling out a new round of discounts ahead of the official start of Cyber Monday, one...

  17. November 26, 2015

    US retailers: sale rails

    Boxes belong under the Christmas tree. When they pile up in stockrooms or warehouses, the sting for retailers is both...

  18. November 18, 2015

    Warming US economy leaves retailers cold

    The US economy is brightening, but consumers are not spending on clothes. As stores approach the critical holiday...

  19. November 12, 2015

    Advance Auto Parts skids into red

    Advance Auto Parts skidded into the red on Thursday after the company revealed weaker than expected quarterly results...

  20. November 11, 2015

    Macy’s outlook drags on retail sector

    Shares of department stores stood out for the wrong reasons on Wall Street after Macy’s, one of the best known, slashed...

  21. November 11, 2015

    Tourist slowdown hits Macy’s sales and shares

    Macy’s shares plunged on Wednesday after the US department store blamed weak tourist spending for disappointing...

  22. November 9, 2015

    Retailers slip after analysts cut targets as reporting starts

    Retail stocks were under pressure on Monday after analysts on Wall Street struck a sour note on the sector and slashed...

  23. August 18, 2015

    Macy’s: rags and riches

    There are cheerful clothes retailers and there are cheap ones but it seems hard to be both at once. The US’s big rag...

  24. August 12, 2015

    Macy’s shares tumble on weak sales and outlook

    Investors punished shares of US department store chain Macy’s after the retailer lowered its full-year sales forecast...

  25. July 9, 2015

    Retail property: lease worst scenario

    US retailers and restaurant chains are already struggling with intense price competition and weak growth in their...

  26. July 1, 2015

    Macy’s severs ties with Donald Trump

    Donald Trump may be polling well in the Republican field for the White House in 2016 but he is losing the backing of...

  27. May 27, 2015

    Michael Kors plunges on sales outlook

    Michael Kors shares fell as much as 24 per cent on Wednesday, after the luxury retailer warned that same-store sales...

  28. May 13, 2015

    Macy’s falls on lower profits and slower sales

    Shares of Macy’s fell, after the US department store chain reported first-quarter results that missed analyst forecasts...

  29. May 10, 2015

    Greek Eurogroup talks dominate week ahead agenda

    A UK general election that delivered an unexpectedly decisive outcome sent the pound soaring this week, but investors...

  30. February 17, 2015

    Macy’s dips on fears over competition

    Macy’s shares retreated after Barclays initiated coverage on the department store chain with an “underweight” rating,...

  31. January 11, 2015

    Festive cheer for US retailers as sales hit decade high

    US retailers have recorded their best holiday sales season in more than a decade, as an improving labour market and...

  32. January 9, 2015

    Macy’s falls on store closure plans

    The decision by Macy’s to shutter stores, restructure operations and explore a budget-price business, was not well...

  33. November 14, 2014

    Nordstrom up after overcoming warm weather

    Nordstrom was one of the best-performing stocks on the benchmark S&P 500 after the high-end retailer reported better...

  34. November 12, 2014

    Macy’s shares climb on holiday season hopes

    Macy’s was one of the best performing stocks on the S&P 500 after the retailer beat third-quarter earnings estimates...

  35. October 28, 2014

    Macy’s to open store in Abu Dhabi

    Macy’s plans to expand overseas, opening a store in Abu Dhabi as the city gains traction as a shopping and cultural hub...

  36. August 25, 2014

    Financials lead the charge on day of records

    The US financial sector led a broad advance on the S&P 500 on Monday – helping to send the index above 2,000 for the...

  37. August 15, 2014

    Retailers retreat as discounting hits margins

    The US retail sector weakened on Friday as discounting continued to weigh on margins of some of the country’s largest...

  38. August 14, 2014

    Investors warm to rise in JC Penney sales

    JC Penney appeared on Thursday to be the winner in this week’s earnings battle between US department stores. The...

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