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Even After Earnings Beat, Analysts Aren't Buying Macy's
Wednesday, February 27, 2019 - 1:02pm | 531Shares of Macy’s Inc (NYSE: M) traded higher this week after the company reported better-than-expected holiday-quarter sales and earnings. Macy’s also announced a plan to cut costs by $100 million, including eliminating 100 management jobs. Unfortunately for investors, despite closing...