Macy’s (NYSE:M) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.19 by 173.68 percent. This is a 57.72 percent decrease over earnings of $1.23 per share from the same period last year. The company reported quarterly sales of $5.23 billion which beat the analyst consensus estimate of $5.20 billion by 0.58 percent. This is a 3.86 percent decrease over sales of $5.44 billion the same period last year.
RBC Capital Downgrades Medtronic to Sector Perform, Lowers Price Target to $89
RBC Capital analyst Shagun Singh downgrades Medtronic (NYSE:MDT) from Outperform to Sector Perform and lowers the price target from $102 to $89.
