Macy’s surprises Wall Street by reporting sales growth and a profit, but the stock pulls back


Macy’s reported an unexpected profit — and growth in a key sales metric — but in premarket action Wednesday, the stock gave back some of its stellar recent gains.

You May Also Like

The June jobs report is grimy under the hood. Here’s the down and dirty.

The economy created a seemingly healthy 147,000 new jobs in June and…

Scotland’s net fiscal deficit widens to £22.7bn

Scotland’s net fiscal deficit widened by almost £5bn to £22.7bn, or 10.4…

Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?

Small-cap ETFs have been on a roller-coaster ride in the first two…

Two Warner Bros. Discovery directors resign over antitrust concerns

Two Warner Bros. Discovery directors have resigned after antitrust officials raised the…