CHICAGO (Reuters) - Shares in Macy's Inc tumbled more than 5 percent on Monday to a seven-year low after Citi analysts said the department store operator may cut its dividend to help pay down debt as it grapples with weak margins and foot traffic.
from Reuters: Business News http://ift.tt/2A2i43J
from Reuters: Business News http://ift.tt/2A2i43J
Citi analysts flag 'real risk' of Macy's dividend cut, shares tumble
![Citi analysts flag 'real risk' of Macy's dividend cut, shares tumble]()
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October 30, 2017
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