
Macy's shares rise 5% as Berkshire Hathaway buys 1% stake and earnings outlook improves
Macy's stock jumped 5% after Berkshire Hathaway acquired a new 1% stake in the company, signaling confidence in the retailer. Macy's reported solid Q4 results, with comparable store sales up 1.8% and strong performance at Bloomingdale's despite a sli...
