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 stock surges to surpass Microsoft as most valuable U.S. company

4:27 pm ET January 7, 2019 (MarketWatch)
Print

Amazon.com Inc. (AMZN) shares rallied Monday to unseat Microsoft Corp. (MSFT) as the most valuable U.S. company based on market capitalization. Amazon shares surged 3.4% to close at $1,629.51 for a market cap of $796.78 billion, while shares of Microsoft ticked 0.1% higher to close at $102.06 for a market cap of $783.57 billion. Microsoft had unseated Apple Inc. (AAPL) as the most valuable U.S. company at the end of November (http://www.marketwatch.com/story/microsoft-surpasses-apple-as-most-valuable-us-company-2018-11-30). Over the past six trading days, Amazon's stock has rallied more than 11% to catapult the company from fourth place to first after tacking on $74.1 billion in market cap, according to Dow Jones data. Apple closed in fourth place at $701.99 billion following a 0.2% decline, and Alphabet Inc. (GOOGL)(GOOGL) held in third place with a cap of $745.63 billion after Monday's 0.2% decline. In Monday's broader market, the Dow Jones Industrial Average rose 0.4%, the S&P 500 index advanced 0.7%, and the tech-heavy Nasdaq Composite Index gained 0.9%.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

January 07, 2019 16:27 ET (21:27 GMT)

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