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stockadvisor1

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stockadvisor1

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Sunday, 08/14/2016 4:28:16 PM

Sunday, August 14, 2016 4:28:16 PM

Post# of 1262
Macy's, Inc. (M) Revenues continued to decline on a year-over-year basis. Insiders selling all their possitions.

Brick-and-mortar retailers have suffered as consumers increasingly shop on Amazon.com (NASDAQ: AMZN) and other online sellers. Macy's is suffering big, now is closing 100 more stores with a revenue of 15 % down to the overall earnings of the company due to this desperate change, the online ERA is destroying the company little by little. This marks the sixth straight quarter of sales declines for Macy's.

With the last downgrades we are predicting 25 usd stock price and declining for next earning.
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