Outlook. Why is the stock moving higher in the premarket . Mcdonalds ceo with a vote of confidence from the board. Whats coming at the fast food giant as we hear from the chairman. And a watershed moment for twitter ceo. It is twitters investor day as yahoo Ceo Marissa Mayer faces questions of her own. First up, macys reporting Third Quarter earnings, 61 cents a share. Revenues do miss as comp sales down 1. 4. Macys also reducing sales growth forecast for the rest of the year. The ceo says he remains optimistic for the rest of the quarter. They hold margins pretty good in this environment. Inventory is up but not by a lot. Macys is a tight ship. You can look at the socalled forecast and say this is not an aberration. Theyve repeatedly done this. Theyve cut forecasts, so to speak. You go through and see big buyback, optimism, easy comparisons. You see theyre not spending nearly as much money as you would think to get these sales. You take a look at the multiple on number of, say, foreig
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Nouryon, Akzo Nobel Under Criminal Investigation for Industrial Property Violations; Execs Could Face 3 Years Imprisonment and Recovery of Profits from 2018 Transfer of Business
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