Macy's Shares Surge On Holiday Quarter Outlook

A Macy's department store in New York in August. Greenlight Capital, the hedge fund firm led by David Einhorn, made a new investment in Macy’s in the fourth quarter, arguing the retailer could become a takeover target, according to a letter to investors that was obtained by Bloomberg. (Bloomberg photo by Michael Nagle)

Source : http://www.stltoday.com/business/local/macy-s-shares-surge-on-holiday-quarter-outlook/article_da766e9e-2370-5657-aa35-f463178f773e.html

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