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Stock Market & Financial Investment News

News Breaks
December 26, 2012
10:30 EDTMMacy's heads lower in weaker retail environment, levels to watch
The price action since September when viewed on a daily chart has a distinct rounding top appearance. The move down in price today has broken the low of the start of that rounding formation which was at $36.94. This is bearish price action, suggesting more downside to come of greater than $5. At the current price of $36.58, next support is at $36.14, and then at $35.32. Resistance is at $36.94.
News For M From The Last 14 Days
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July 18, 2014
18:12 EDTMVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link

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