Macy's swings to $44 million loss in 3rd quarter (AP)

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November 12th, 2008, 01:03 PM

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Macy's swings to $44 million loss in 3rd quarter (AP)

AP - Macy's Inc. swung to a loss in the third quarter as sales dropped more than 7 percent, with the retailer saying the holiday season would be a "nailbiter" and it saw no benefit in being optimistic for next year.

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