Sears CEO Lampert blames company's woes on 'irresponsible' media

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Macy's (M) PT Lowered to $27 at Jefferies Following 1Q

May 12, 2017 7:44 AM EDT

Jefferies lowered its price target on Macy's (NYSE: M) to $27.00 (from $35.00) while maintaining a Hold rating. The company's 1Q EPS missed expectations, owing to weaker than expected comps and greater than expected GM pressure.

Management reaffirmed its FY18 EPS outlook, with comps accelerating... More

Amazon.com (AMZN) Makes Major Push Into Furniture, Building 4 Warehouses - WSJ

May 12, 2017 5:56 AM EDT

Wall Street Journal reporters Brian Baskin and Laura Stevens describe Amazon.com's (NASDAQ: AMZN) push into the fast growing U.S. online retail market, noting the company will offer customers furniture and appliances online, with plans to build out four large warehouses for fulfillment and delivery.

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UPDATE: Apple Inc. (AAPL) to Announce Amazon (AMZN) Prime Video App on Apple TV - BuzzFeed

May 11, 2017 3:55 PM EDT

(Updated - May 11, 2017 3:56 PM EDT)

Apple (NASDAQ: AAPL)
Apple Inc. (NASDAQ: AAPL) will allow Amazon Prime Video App on Apple TV, according to a BuzzFeed News report by John Paczkowki and in return,... More