October 17, 2010 by staff
Macys, JC Penney Company, Inc. (NYSE: JCP) fell 0.03% to $ 33.45. Last week, an activist investor William Ackman’s Pershing Square Capital Management LP announced that it and its affiliates, 16.5 percent of department store chain itself, making it the largest shareholder.
Over the last 52 weeks, the share was within the range of $ 19.42-37.21 $.
Macy’s, Inc. (NYSE: M) added 0.16% to $ 24.30. Last week, the company said same-store sales rose 4.8% in September, more than someanlysts expected. Analysts polled by Thomson Reuters expected same store sales to rise 3.3%, the highest average forecast for an increase of 4.5%.
The stock opened at $ 24.38 and is trading in range of $ 24.26-24.71 $. In the current market price, the market capitalization of the company stands for AT $ 10.27 billion.
Aeropostale, Inc. (NYSE: ARO) fell 0.59% to $ 26.75. Last week, the company said September same-store sales rose 3%, whileanlysts polled by Thomson Reuters were looking for a 2.4% decline, on average.
The retailer said total net sales for the period of five weeks ended October 2 were up 9% from the year-ago period to $ 204.2 million.
The Kroger Co. (NYSE: KR) added 0.91% to $ 22.21. The Kroger Co. is a retailer in the United States. The company also manufactures and processes some of the food for sale in supermarkets.
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