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Macy's M reported a rise in its third-quarter profit.
Its sales climbed 3.3 percent to $6.28 billion. However, analysts were expecting a profit of $0.39 per share on sales of $6.18 billion. Its same-store sales increased 3.5 percent, beating analysts' expectations for a 2.1 percent rise.
Equities Trading UPShares of E-House (China) Holdings EJ got a boost, shooting up 7.63 percent to $10.78 after the company reported Q3 results.
Equities Trading DOWN
Shares of Safe Bulkers SB were down 6.99 percent to $7.58 after the company priced 6 million shares at $7.43 per share.
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
Gol Linhas Aereas Inteligentes GOL was down, falling 6.31 percent to $4.0850 after the company posted a loss in the third quarter.
CommoditiesSilver traded down 0.57 percent Wednesday to $20.66, while copper fell 2.33 percent to $3.16.
EurozoneEconomics
The MBA's index of mortgage application activity declined 1.80 percent in the week ending November 8.
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