J.C. Penney CEO Ellison jumps ship to Lowe's

May 22 2018

U.S. J.C. Penney’s (JCP.N) Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe’s Cos Inc (LOW.N), the companies said.

Wall Street edges higher as retail stocks gain

May 16 2018

Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares.

Macy's same-store sales top expectations, shares jump

Feb 27 2018

Macy’s Inc reported higher-than-expected same-store sales growth for the fourth quarter and forecast a possible return to annual comparable sales growth in 2018.

Retail stocks keep rising after strong start to holiday sales

Nov 27 2017

Shares of retailers such as Macy’s Inc and Wal-Mart were up following a promising start to the holiday season.

Wal-Mart to give more hours to current staff this holiday season

Sep 20 2017

Wal-Mart Stores Inc said it would not hire temporary workers this holiday season and would instead offer the extra hours to its current employees.

Wall St. opens lower as retailers drag

May 11 2017

U.S. stocks opened lower as Macy's weak earnings weighed on the consumer discretionary sector.

Wall Street to open lower on dismal Macy's results

May 11 2017

US stocks were on track to open slightly lower on Thursday as Macy's weak earnings weighed on the retail sector.

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Stocks In News



Minority investors divided over changes at ICICI bank

Fund managers seek clarity on governance & leadership for investment decisions

Kochhar's fully paid leave raises questions

Proxy advisory firm raises questions on remuneration

Mint Report


Will issue 5.1% equity shares worth Rs 746 Cr to investors, priced at Rs 1,661/sh

IIFL's wealth management business valued at Rs 14,600 Cr

Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life


Gets final USFDA approval for Generic Sustiva

U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018


Nerolac to enter share purchase agreement with RAK paints in Bangladesh

Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr

Acquisition to be complete by 31st July 2018


UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience

UPL to team up with Abu Dhabi investment authority for Arysta Lifescience

UPL group's talks for Arysta Lifescience unit said to be in advanced stages

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