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Stock Market & Financial Investment News

News Breaks
April 1, 2014
06:24 EDTMMacy's names Jeffrey Gennette as president, effective immediately
Macy’s yesterday announced that Jeffrey Gennette, who has served for the past five years as Macy’s chief merchandising officer, has been elected president of the corporation, effective immediately. He will report to Terry J. Lundgren, Macy’s chairman and CEO, and continues to be based in New York City. In this new role, Gennette will retain day-to-day responsibility for Macy’s merchandising functions, as well as oversight of marketing and macys.com. In addition, he assumes oversight responsibility for Macy’s Private Brands organization.
News For M From The Last 14 Days
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July 28, 2014
08:01 EDTMMacy's FY14 SSS guidance likely at risk, says Deutsche Bank
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July 23, 2014
09:02 EDTMMacy's reports new initiates in multi-year program to enhance sustainability
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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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