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S&P upgrades Macy's ([[M]] -2.2%) credit rating to BBB from BBB- with a stable outlook. The agency says the actions reflect its view that the company will see performance gains off of strong merchandising and solid execution. Less than a year ago, Macy's came back from a two-year sojourn to junk status to return to investment-grade.

S&P upgrades Macy's (M -2.2%) credit rating to BBB from BBB- with a stable outlook. The agency says the actions reflect its view that the company will see performance gains off of strong merchandising and solid execution. Less than a year ago, Macy's came back from a two-year sojourn to junk status to return to investment-grade. Post your comment!
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