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Old 13th November 2008, 07:23 AM   #1

Username: RSS News User
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Default Macy's swings to $44 million loss in 3rd quarter (AP)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/ap/20081112/ap_on_bi_ge/earns_macy_s"><img src="http://d.yimg.com/us.yimg.com/p/ap/20081112/capt.9b93b7c7d8a24bf2a180b4e6df57c4e4.earns_macys_ nybz102.jpg?x=130&y=106&q=85&sig=SccHmPawUEWa.ThN9 e5muw--" align="left" height="106" width="130" alt="In this Aug. 12, 2008 file photo, a family walks into a Macy's store in San Jose, Calif., Tuesday, Aug. 12, 2008. Department store operator Macy's Inc. reported Wednesday, Nov. 12, 2008, that its third-quarter results swung to a loss from a profit a year ago as results were hampered by a drop in consumer spending amid a deteriorating economy. (AP Photo/Paul Sakuma, File)" border="0" /></a>AP - Macy's Inc. swung to a loss in the third quarter as sales dropped more than 7 percent, with the retailer saying the holiday season would be a "nailbiter" and it saw no benefit in being optimistic for next year.</p><br clear="all"/>

View the entire article: Macy's swings to $44 million loss in 3rd quarter
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