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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 UPPotbelly PBPB shot up 13.72 percent to $30.77 after the company reported an upbeat Q3 profit.
Shares of E-House (China) Holdings EJ got a boost, shooting up 7.63 percent to $10.78 after the company reported Q3 results.
SINA SINA was also up, gaining 12.98 percent to $85.76 after the company reported a strong rise in its Q3 profit.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.
Gol Linhas Aereas Inteligentes GOL was down, falling 6.31 percent to $4.0850 after the company posted a loss in the third quarter.
CommoditiesIn commodity news, oil traded up 1.33 percent to $94.28, while gold traded up 0.28 percent to $1,274.70.
Silver traded down 0.57 percent Wednesday to $20.66, while copper fell 2.33 percent to $3.16.
EurozoneEuropean shares were lower today. The Spanish Ibex Index tumbled 0.36 percent, while Italy's FTSE MIB Index fell 1.28 percent. Meanwhile, the German DAX dropped 0.32 percent and the French CAC 40 declined 0.53 percent while U.K. shares fell 1.19 percent.
Economics
The MBA's index of mortgage application activity declined 1.80 percent in the week ending November 8.
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