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Macy's Q2 earnings call: Biggest Takeaways

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Macy's (M) stock trends lower this morning despite reporting a second-quarter earnings beat. The department store retailer is seeing declines in same-store sales and credit card revenues tied to delinquencies. Yahoo Finance Reporter Brooke DiPalma joins the Live show to break down Macy's CFO Adrian V. Mitchell's comments from the retailer's earnings call, including the success the chain is seeing in smaller-sized stores and its cautious outlook.

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When Cuba in early August announced it was taking a major step towards electronic banking and a "cashless" society, the offices of fledgling small businesses across the communist-run country were left scrambling to figure out how to respond.

 

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