Archive for August 16th, 2007
Daily Archive
Thursday, August 16th, 2007
Ouch! Macy’s slashes outlook for quarter after profits drop 77 percent
Macy’s should be reconsidering its move to Chicago after profits for the second quarter fell a resounding 77 percent. But while profits went up at a mere 13 cents per share, they’re fretting over this quarter’s profits, and they reduced their profit expectations to as low as five cents per share.
They should have left […]
