Monday, August 7, 2017

Macy's and Kohl's bonds gain ahead of US retail earnings

Image result for kohl'sBonds from some of the US's venerable department stores have advanced ahead of earnings from the retail industry, despite a migration of shoppers online.

The shifts, with the bonds of both Macy's and Kohl's outperforming their stock counterparts this year, show that investors have faith that the companies will still be able to repay their debts as earnings slide.. . . more

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