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Macy's Sees A Path To Unlock Real Estate Value With Brookfield Partnership
Monday, November 14, 2016 - 2:03pm | 321Despite Macy's Inc (NYSE: M) delivering a 58.5 percent negative surprise on EPS on November 10, the stock has since gained more than 11 percent. There are two factors behind this. While the first is related to the sales outlook, the second is the unlocking of real estate value granted through the...