Shares of department stores rose along with the broader market as investors were encouraged about the government's plans to rescue banks from billions of dollars in bad debt.Hoffman Estates-based Sears Holdings Corp., which operates Kmart and Sears Roebuck & Co., advanced $1.26, to $104.26, while Cincinnati-based Macy’s Inc. shares rose 3.9 percent to $20.68.
Dispatches from Chicago's south side.
Friday, September 19, 2008
Sears, Macy’s benefit from market bump
AP:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
PLEASE READ FIRST!!!! Comment Moderating and Anonymous Comment Policy
While anonymous comments are not prohibited we do encourage you to help readers identify you so that other commenters may respond to you. Either read the moderating policy for how or leave an identifier (which could be a nickname for example) at the end of the comment.
Also note that this blog is NOT associated with any public or political officials including Alderman Roderick T. Sawyer!