News Headline Summary

Macy's (M) spokesperson declines to comment on earlier private equity chatter

Reaction details (16:48)

- Macy's shares are unmoved by this decline to comment but have pulled off session highs within the past hour; trades USD 39.29 last.

Analysis details (16:50)

- Earlier there was market talk that Macy's were subject to takeover, and strength in their share price attributed to this latest chatter.

13 Nov 2012 - 16:47 - Equities Rumour - Source: RANsquawk

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