Earnings Report

Investors, like shoppers, are fleeing Macy's.

Stocks that moved substantially or traded heavily Thursday: Snap Inc., down $4.93 to $18.05

Macy's Inc. is reporting a first-quarter profit of $71 million.

Macy's Inc. is reporting a first-quarter profit of $71 million.

Japanese automaker Nissan Motor Co.'s fiscal year profit has improved 27 percent to 663.5 billion yen ($5.8 billion) as strong sales in the U.S., China and Europe offset damage from the strong yen.

Japanese automaker Nissan Motor Co.'s fiscal year profit has improved 27 percent to 663.5 billion yen ($5.8 billion) as strong sales in the U.S., China and Europe offset damage from the strong yen.

Kohl's Corp. (KSS) on Thursday reported fiscal first-quarter net income of $66 million.

Kohl's reported a 14 percent jump in adjusted quarterly profit, helped by higher traffic in stores in March and April and as a leaner inventory helped it discount lesser.

Italy's largest bank by assets, UniCredit, says net profits more than doubled in the first quarter, with all divisions showing improvement under new management.

Italy's largest bank by assets, UniCredit, says net profits more than doubled in the first quarter, with all divisions showing improvement under new management.

Danish shipping and oil group A.P. Moller-Maersk says its first-quarter profit increased by 19.1 percent to $253 million, partly thanks to an improvement at the energy division.

Danish shipping and oil group A.P. Moller-Maersk says its first-quarter profit increased by 19.1 percent to $253 million, partly thanks to an improvement at the energy division.

Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app.

U.S. stock indexes are mostly lower Wednesday morning following weak first-quarter reports from consumer-focused companies including Priceline and Disney.

Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app.

Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app.

Whole Foods is announcing a board shake-up and cost-cutting plans as it fights to hold onto shoppers amid intensifying competition.

Whole Foods is announcing a board shake-up and cost-cutting plans as it fights to hold onto shoppers amid intensifying competition.

Stocks that moved substantially or traded heavily Wednesday: The Walt Disney Co., down $2.41 to $109.66