Department Stores

Macy's, Inc. (NYSE: M) today reported total sales of $2.358 billion for the five weeks ended March 31, 2012, an increase of 6.9 percent compared with total sales of $2.206 billion in the five weeks ended April 2, 2011. On a same-store basis, Macy's, Inc. sales were up 7.3 percent in March 2012 as...

The Critical Metals Report: China recently announced it is maintaining its rare earth export quotas of 31,130 metric tons (t), but the U.S., the EU and Japan filed a claim at the World Trade Organization (WTO), saying that the restrictions are illegal. What will this controversy mean for rare earth...

Macy's, Inc. (NYSE: M) today outlined a new initiative to grow and develop Macy's business with customers in the Millennial generation (ages 13 to 30). This is now America's largest and most diverse generation, spending an estimated $65 billion each year for the type of goods sold at Macy's. Key...

The Christian Science Monitor's Husna Haq had an interesting article Thursday on how three in 10 young adults are moving back home to live with parents in the midst of a struggling economy and a dire job market. From the article: "Unable to find well-paying work in a weak economy, escalating...

Macy's Inc (NYSE: M) reported a 4.6% rise in its February same-store sales. Analysts were expecting a 3.5% rise in same-store sales. Macy's total sales for the four weeks ended February 25 climbed 5.5% to $1.86 billion. Macy's shares gained 1.13% to $38.40 in pre-market trading.

Wednesday, February 29, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Benzinga's Top News Costco Wholesale (NASDAQ: COST) Reports Q2 EPS $0.90 vs $0.87 Est; Revenues $22.97B vs $22.80B Est SodaStream...

Given issues related to gas prices and unemployment, one has to wonder why the market continues to climb. On Feb. 24, 2012, the S&P 500 closed to 1,365.74, a gain of 8.6 percent thus far in 2012. Does the recent climb signal a healthy recovery or a coming drop?I. While We Wait for a Market...

On the heels of last week's quarterly results from Walmart (NYSE: WMT), Home Depot (NYSE: HD), Macy's (NYSE: M) and many other retailers, this week will bring more earnings reports from shopping mall and strip mall standbys. Auto parts and accessories purveyor AutoZone (NYSE: AZO) is expected to...

On CNBC's Fast Money, Karen Finerman said that she would buy Billabong International Limited (ASX: BBG) on Thursday. Billabong International Limited (ASX:BBG) is an Australian stock, and it fell 0.72% on Thursday. Mike Khouw suggested that owners of MGM Resorts International (NYSE: MGM) should...

On CNBC's Fast Money, Mike Khouw said that it is all right to own Macy's, Inc. (NYSE: M), but he would sell the March 40 call options in this name against a long position. Macy's, Inc. (M) gained 1.21% today, and it closed at $36.75. Stephen Weiss likes WellPoint, Inc. (NYSE: WLP) in the managed...

Macy's Inc (NYSE: M) reported a 12% rise in its fiscal fourth-quarter net income. Its same-store sales climbed 5.2%. Macy's quarterly earnings surged to $745 million, or $1.74 per share, from $667 million, or $1.55 per share, in the year-ago period. Its sales climbed to $8.72 billion from $8.27...

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 40 points to 12,969.00 and S&P 500 index futures rose 3.10 points to 1,362.80. Nasdaq 100 futures gained 1.75 points to 2,583.75. US stocks closed mixed on Friday, with the Dow Jones Industrial...

Macy's Inc (NYSE: M) is estimated to post its Q4 EPS at $1.65 on revenue of $8.72 billion. Home Depot Inc (The) (NYSE: HD) is expected to post its Q4 EPS at $0.42 on revenue of $15.50 billion. Wal-Mart Stores Inc (NYSE: WMT) is estimated to post its Q4 earnings at $1.46 per share on sales of $123...

On CNBC's Fast Money, Tim Seymour said that he loves the reversal in Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), and he would do it through March calls. Freeport-McMoRan Copper & Gold Inc. (FCX) gained 3.40% today, and it closed at $43.84. Guy Adami wants to buy Macy's, Inc. (NYSE: M...

Shares in Royal Caribbean (NYSE: RCL) were up yesterday, but those gains are gone now that the company announced earnings of 17 cents per share, or $36.6 million. Those figures were a slight increase from last year's earnings of 15 cents per share and ahead of analyst estimates of 15 cents per...