Macy's Lowers 2016 Guidance

Macy's Inc. on Friday lowered its 2015 profit guidance due to a shift in when the retailer will book a gain related to the redevelopment of a Brooklyn store.

Under Armour Under The Weather

Analysts are lowering their short-term expectations for Under Armour amid concerns that unseasonably warm winter weather is negatively impacting apparel sales, but most remain optimistic about the company’s long-term outlook.