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Margin Worries Send Macys Shares Tumbling After Profit Beat

– Macy’s Inc (M.N) on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit...

Wall St Slides As Strong Dollar Trade Fears Trigger Risk Aversion

– U.S. stock indexes fell on Wednesday in a broad-based decline, hurt by concerns over the strong dollar and Turkey’s currency crisis, as well as the trade...

Turkey Trade Worries Hit Wall Street Again

– U.S. stock indexes fell on Wednesday in a broad-based decline, hurt by concerns over the strong dollar and Turkey’s currency crisis, as well as the trade...

Macys Raises Full-year Forecast Investors Lock Gains

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales and raised its full-year forecasts, but its shares fell 9 percent with...

Wall Street Set For Lower Open As Turkey Trade Tensions Weigh

– U.S. stock index futures pointed to a lower opening on Wednesday, with investors weighing the impact of Turkey’s currency crisis as well as the escalating...

Macys Posts Surprise Same-store Sales Growth

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter, boosted by strong...

From Blue Lipstick To Facebook Live Home Shopping Networks Refine Their Pitch

WEST CHESTER, Pa. – The Home Shopping Network is getting an image makeover. A U.S. television network where shoppers can buy everything from electronics to kitchen...

Five Crazy Rich Asian Ways To Splash Your Cash In Singapore

SINGAPORE – Singapore is the setting for new Hollywood movie ‘Crazy Rich Asians’ – an adaptation of a best-selling novel that explores the...

Kate Spade Sales Drive Strong Tapestry Forecast Shares Jump

– The publicity around the untimely death of designer Kate Spade drew shoppers back to the handbag brand this summer, driving a 31 percent jump in fourth-quarter...

Pirelli Joins Prada As Luna Rossa Americas Cup Sponsor

– Tyremaker Pirelli will co-sponsor America’s Cup challenger Luna alongside luxury fashion house Prada, backing the Italian team’s attempt to beat...