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Fly News Breaks for October 5, 2015
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Oct 5, 2015 | 09:54 EDT
As previously reported, Cleveland Research downgraded Macy's to Neutral from Buy. Analyst Matthew Delly said Macy's underlying sales trends look difficult through mid-quarter, with weak customer traffic levels during both back-to-school and September, lower tourism levels, and mounting issues with merchandising mix.
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