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Macy's Inc (M)

M on New York Consolidated

38.56USD
26 Aug 2016
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Fri, Aug 26 2016

BRIEF-Macy's sets regular quarterly dividend of $0.3775/shr

* Sets regular quarterly dividend of $0.3775 per share Source text for Eikon: Further company coverage:

BRIEF-Richard A. Lennox named Macy's Chief Marketing Officer

* Lennox has served as Senior Vice President and Chief Marketing Officer of Toys "R" Us since 2014 Source text for Eikon: Further company coverage:

BRIEF-Macy's CFO on conf call - FY comparable sales forecast looks achievable

* CFO on conf call - sales trend in the major tourist stores improved for both Macy's and Bloomingdale's in Q2

BRIEF-Macy's Q2 EPS $0.54 excluding items

* Sees FY 2016 earnings per share $3.15 to $3.40 excluding items

BRIEF-Macy's to close about 100 of its full-line stores

* Macy's, Inc. Outlines moves to drive profitable growth and enhance shareholder value

Greenlight's Einhorn exits Macy's at a loss: letter

BOSTON Hedge fund manager David Einhorn told investors on Tuesday that his Greenlight Capital lost money on battered retailer Macy's Inc and exited the position roughly six months after getting in.

Greenlight's Einhorn exits Macy's at a loss -letter

BOSTON, July 26 Hedge fund manager David Einhorn told investors on Tuesday that his Greenlight Capital lost money on battered retailer Macy's Inc and exited the position roughly six months after getting in.

Longtime Macy's CEO Lundgren to step down next year

Macy's Inc said Terry Lundgren will step down as CEO next year and be succeeded by former chief merchandising officer, Jeff Gennette, as the department store operator tries to revive sales hit by competition from online and off-price retailers. | Video

UPDATE 6-Longtime Macy's CEO Lundgren to step down next year

* Shares rise as much as 5 pct (Adds comments from CEO and President)

BRIEF-Macy's Inc's Jeff Gennette - going to focus on our stores at a greater level than we have over the past year"

* Jeff Gennette - "going to reduce (customer) pain points, going to focus on our stores at a greater level than we have over the past year"

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