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Drop in quarterly sales, and it lowered its Earnings Guidance for the year, something many investors dont want to see heading into the Holiday Season. And that sent shares lower, falling nearly 14 , its worst day since 2008. Courtney reagan has more on macys meltdown. Reporter for the second straight quarter, the magic was missing at macys. The Department Store beat profit expectations but reported disappointing sales and cut its fullyear earnings forecast. Ceo Terry Lundgren said many of the issues that plagued them during the year have gotten worse, including declining Tourist Spending at it...

Drop in quarterly sales, and it lowered its Earnings Guidance for the year, something many investors dont want to see heading into the Holiday Season. And that sent shares lower, falling nearly 14 , its worst day since 2008. Courtney reagan has more on macys meltdown. Reporter for the second straight quarter, the magic was missing at macys. The Department Store beat profit expectations but reported disappointing sales and cut its fullyear earnings forecast. Ceo Terry Lundgren said many of the issues that plagued them during the year have gotten worse, including declining Tourist Spending at it...

Europe growing again after g20 leaders turn up the heed. The country like germany definitely has a surplus. The more they can do the better. The big get even better. Alibaba is the Worlds Largest ipo after they allow the option to find more shares for the investor at hand. Youre watching worldwide exchange. Bringing you Business News from around the globe. Good morning, everyone. Im seema mody. Coming up on todays show, well look at what is impacting european stocks and wall street bracing for Climate Change after a huge demonstration in new york city. We have all the details. Prada misses est...

At a 5week low. From level, one extreme to the other in one day. This is a month of extremes. Multiple new highs and we could be closing lower based on a selloffs here for the month and keeping an eye on it with an hour to go. By the way, alibaba not immune to the selling today. Its second day of trade here. Down 4. 5 after friday. Whens behind the red arrows . Below 90 now. That was the level we heard before it went public to watch and even after it went public. Began trading i should say that he said to watch and right now cracking that level. We know somebody when it hit that high on friday...

Tuesday, september 23rd. Good evening, im tyler mathisen, stocks sold off sharply again, the dow had the worst day since the backtoback triple losses since june, they finished at five week lows, one reason for the selloff was a sharp slide in health care shares. Why . Because last night the treasury announced new rules that make socalled tax in versions harder. Those are the deals some companies have used to skirt u. S. Taxes by buying a Foreign Company and then moving the newly combined headquarters offshore. Drug biotech and medical Device Companies have been the strongest users of inversion...