Macy’s Inc. (NYSE:M) revenue fell 1.6 percent year on year to $9.2 billion in the fourth quarter that ended on February 1 and included the Christmas season. However, Macy’s maintained a gross margin of 40.6 percent and lowered its administrative expenses slightly, helping to improve profit to $811 million from $730 million one year earlier. Macy’s, Inc. (NYSE:M) stock opened at $53.63 in last session, and closed at $56.25, while the day range of stock is $53.33 – $56.55. The stock showed a positive weekly performance of 5.83%.
GameStop Corp. (NYSE:GME) is seeing interesting price action today, rallying as much as 8.2% at its intraday peak without any significant news to account for the move. With around 60 minutes left in the trading session, the stock has pared its gains ever-so-slightly to 7.4%, at $38.70. GameStop Corp. (NYSE:GME) stock opened at $36.26, in last session and closed at $38.47, by gaining 6.71%. The 52 week range of the stock is $23.36 – $57.74. Company’s market capitalization is $4.46 billion.
LinkedIn Corp (NYSE:LNKD) is launching a Chinese-language site for the world’s most populous Internet market and says it will comply with the communist government’s censorship rules. LinkedIn Corp (NYSE:LNKD) stock advanced 5.14% and finished the last session at $209.84. The EPS of the stock remained 0.22. Company’s market capitalization is $25.29 billion.
Apparel giant Fifth & Pacific Companies Inc (NYSE:FNP) has said it is happy with the business trends in its first-quarter as it booked an increase in end of year earnings. Fifth & Pacific Companies Inc (NYSE:FNP) stock opened the session at $30.96, and closed the session at $35.24. The 52 week range of the stock remained $16.86 – $35.31 and the day range was $30.85 – $35.31.