Macy's Inc
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Consumer Discretionary : Multiline Retail | Mid Cap ValueCompany profile

Macy's, Inc. is an omnichannel retail company operating stores, Websites and mobile applications under various brands, such as Macy's, Bloomingdale's and Bluemercury. The Company sells a range of merchandise, including apparel and accessories (men's, women's and children's), cosmetics, home furnishings and other consumer goods. Its subsidiaries provide various support functions to its retail operations. Its bank subsidiary, FDS Bank, provides credit processing, certain collections, customer service and credit marketing services in respect of all credit card accounts that are owned either by Department Stores National Bank (DSNB), which is a subsidiary of Citibank N.A., or FDS Bank. The private label brands offered by the Company include Alfani, American Rag, Aqua, Bar III, Belgique, Charter Club, Club Room, Epic Threads, first impressions, Giani Bernini, Greg Norman for Tasso Elba, Holiday Lane, Home Design, Hotel Collection, John Ashford, Karen Scott, Thalia Sodi and lune+aster.

Closing Price
$25.79
Day's Change
1.04 (4.20%)
Bid
--
Ask
--
B/A Size
--
Day's High
25.99
Day's Low
24.86
Volume
(Average)
Volume:
14,089,412

10-day average volume:
14,625,675
14,089,412

Amazon jumps past Microsoft to take top spot on largest U.S. companies list

10:47 am ET January 7, 2019 (MarketWatch)
Print

Shares of Amazon.com Inc. (AMZN) ran up 2.5% in morning trade Monday, extending their 14% surge over the previous two weeks, enough to propel the e-commerce and cloud giant past Microsoft Corp. (MSFT) into first place on the list of largest U.S. companies by market capitalization. Amazon's market cap reached $789.2 billion, while Microsoft's stock (MSFT) edged up 054% to lift its market cap to $786.3 billion. Amazon's market cap is still well below its record of $993.2 billion reached on Sept. 4, which at the time was second to Apple Inc. (AAPL) at $1.1 trillion. Apple's stock was last unchanged with a fourth-place market cap of $703.6 billion. Google parent Alphabet Inc. shares (GOOGL) slipped 0.8% but its market cap was third at $744.2 billion. Amazon shares has shed 14.6% over the past three months, while the Dow Jones Industrial Average has lost 11.1%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 07, 2019 10:47 ET (15:47 GMT)

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